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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
1549 Mt Zion Rd Morrow, GA 30260-3009
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4554402
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Total area
5,105 SF
Lot
10 ac (435,600 SF)
Zoning code
I
APN
12-111C- A-005
UPID
US22-4554402
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
-
U-Haul Moving & Storage at South Lake Car Rental Facility
-
Self-Storage at U-Haul Storage Facility
-
Moving Supplies at U-Haul Big Box & Wholesale Store
-
U-Box at U-Haul Moving Company Storage Facility
-
Propane Refill at U-Haul Propane Supplier Moving And Storage Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$620k
Owner & transaction history
Arec 45 LLC · 5 yrs held
Arec 45 LLC
since 2020
7 recorded transactions
Zoning & alternative use
I · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$845,000
+117.0%
Commercial (general)
$760,000
+95.9%
Neighborhood: shopping center
$720,000
+85.4%
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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$390,000
Current use
OFFICE BUILDING
$845,000
Change: +117% · Conversion: Difficult
COMMERCIAL (GENERAL)
$760,000
Change: +96% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: +85% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
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
$121 / 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
$245,804
Tax year 2024
Assessed value
$5,800,000
Assessed 2024
Previous assessed
$5,800,000
+0.0% YoY
Effective rate
4.24%
On assessed value
Assessed land
$240,000
Assessed improvement
$5,560,000
Land market value
$600,000
Improvement market value
$13,900,000
Total market value
$14,500,000
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
NONE
Total area
5,105 SF
Lot
10 ac (435,600 SF)
Zoning code
I
APN
12-111C- A-005
UPID
US22-4554402
Jurisdiction
CLAYTON
Zoning & alternative use
I · Morrow, GA
Zoning I · permitted uses
I · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$390,000
OFFICE BUILDING
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
10 ac
Current owner
From public records · entity-resolved
Arec 45 LLC
Entity
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2020
—
Arec 45 LLC
Amerco Real Estate Co
Grant Deed
related
$43,500,000 · Voya Investment Management LLC
Jan 29, 2016
$1,900,000
Amerco Real Estate Co
3 Seas Investment Group LLC
Grant Deed
—
Oct 1, 2013
$1,250,000
3 Seas Investment Group LLC
First Intercontinental Bk
Grant Deed
$1,125,000 · First Intercontinental Bank
Aug 3, 2010
—
First Intercontinental Bank
1549 Mount Zion LLC
Grant Deed
related
—
Jul 23, 2010
—
1549 Mount Zion LLC
Casal,mitra A
Grant Deed
related
—
Apr 6, 2010
$70,147
Mitra A Casal
1549 Mount Zion LLC
Grant Deed
—
Jul 16, 2008
$2,600,000
1549 Mount Zion LLC
Cardinal Health 200 INC
Grant Deed
—
Jul 16, 2008
—
1549 Mount Zion LLC
Cardinal Health 200 INC
Grant Deed
related
—
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.
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