Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,950,000
Industrial properties
1546 Progress Rd Ellijay, GA 30540-3784
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3294536
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
CONCRETE
Total area
186,280 SF
Lot
10.49 ac (456,944 SF)
Zoning code
I2
APN
1066 054
UPID
US22-3294536
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Artful Ellijay Warehouse Home Decor Store Department Store
-
Ridgeway Soapworks (Bike/Boat/Book/etc) Store Cosmetic Store
-
Water Vendors By US Industrial Manufacturer Production Facility
-
Southern Pipe &Supply Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$2.95M
Owner & transaction history
Road To Progress LLC · 3 yrs held
Road To Progress LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
I2 · Ellijay, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ellijay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellijay submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,200,000
ML approach
$2,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.95M
Range $2.66M – $3.25M · ±10% · vs last sale $2.98M (Jul 22 2022)
Last sale anchor
$2.98M
Jul 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,097
Tax year 2024
Assessed value
$1,155,860
Assessed 2024
Previous assessed
$1,291,176
-10.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$58,720
Assessed improvement
$1,097,140
Land market value
$146,800
Improvement market value
$2,742,850
Total market value
$2,889,650
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
RADIANT
Total area
186,280 SF
Lot
10.49 ac (456,944 SF)
Zoning code
I2
APN
1066 054
UPID
US22-3294536
Jurisdiction
GILMER
Zoning & alternative use
I2 · Ellijay, GA
Zoning I2 · permitted uses
I2 · Ellijay, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellijay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
RADIANT
Lot
10.49 ac
Current owner
From public records · entity-resolved
Road To Progress LLC
Entity
Mailing address
321 RTE 59TH UNIT #147, TALLMAN, NY 10982-7507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
$2,980,000
Road To Progress LLC
Ellijay Watermill Holdings LLC
Limited Warranty Deed
$3,750,000 · Finwise Bank
May 25, 2016
—
Ellijay Watermill Holdings LLC
—
Deed
related
$416,667 · Wynne Win
Oct 15, 2015
$375,000
Ellijay Watermill Holdings LLC
Land Holding LLC
Warranty Deed
—
Oct 13, 2015
—
Ellijay Watermill Holdings LLC
Land Holding LLC
Warranty Deed
—
Jan 29, 2014
$440,000
Durden Ventures Lllp
Land Holding LLC
Limited Warranty Deed
—
Dec 4, 2012
$1,985,120
Land Holding LLC
Blue Ridge Acquisition Co
Foreclosure
related
—
Feb 23, 2007
—
Blue Ridge Acquisition Co LLC
Beaulieu Grp LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1546 Progress Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
