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    1531 Industrial Dr Griffin, GA 30224-3958
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    Property profile & analytics

    1531 Industrial Dr, Griffin, GA 30224-3958

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    • Manufacturing properties
    • 48,820 SF
    • 5.27 lot acres
    Off-Market
    Last Sale Mar 10, 2023
    $3,100,000
    Property ID
    US22-2015575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,325,000
    Show details
    Cap Rate Potential
    8.1%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Alliance Corrugated & Display / Warehouse & Storage

    Property Details for 1531 Industrial Dr

    Year built
    1968
    Construction
    STEEL FRAME
    Lot size
    5.27 lot acres
    Zone code
    PID
    Property type
    Manufacturing properties
    APN
    049A-02-007
    APU
    049A02007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 10, 2023 — Gp 1531 Industrial LLC Craft Bank Quit Claim Deed · related —
    Jan 18, 2023 — Gisi Investments LLC — Deed · related $1.3M · Capital Partners Certified Development
    Jan 13, 2023 — Gisi Investments LLC — Deed · related $1.3M · Truist Bank
    Jan 11, 2023 $3,100,000 Gisi Investments LLC Gp 1531 Industrial LLC Warranty Deed $1.5M · Truist Bank
    Jul 8, 2022 $1,600,000 Gp 1531 Industrial LLC Bandit Holdings LLC Limited Warranty Deed $1.3M · Craft Bank
    Jun 17, 2021 — Bandit Holdings LLC — Deed · related $1.3M · United Bank
    May 19, 2020 — Bandit Holdings LLC — Deed · related $1.5M · United Bk
    Jun 11, 2019 $617,500 Bandit Holdings LLC Griffin Converting LLC Grant Deed · related —
    Jun 5, 2019 $600,000 Griffin Converting LLC Mouchet Corp Grant Deed —
    — — Bandit Holdings LLC — Deed Of Trust · related $1.5M · United Bk
    — — Mouchet Corp — Deed Of Trust · related $500k · Regions Bank
    — — Philip J Mouchet — Deed Of Trust · related $200k · Regions Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,670,000
      ML approach
      $3,960,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,955,000
      6.5%
      $4,575,000
      7%
      $4,250,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,720,000
      Current use
      AUTO REPAIR, GARAGE
      $5,540,000
      Change: +104% Conversion: Easy
      RETAIL STORES
      $5,310,000
      Change: +95% Conversion: Moderate
      OFFICE BUILDING
      $5,295,000
      Change: +95% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,540,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.2944
    Latitude
    33.2213
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,694
    $105,400
    $572,710
    $678,110
    -
    $263,500
    $1,431,775
    $1,695,275
    More about this property
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