New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Manufacturing properties
1571 Lukken Industrial W Dr, Lagrange, GA 30240-5757
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-0808275
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Total area
73,600 SF
Lot
15 ac (653,400 SF)
Zoning code
16- CP-GI
APN
0603 000008
UPID
US22-0808275
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.67M
CAP Approach
CAP
$5.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.98M
Owner & transaction history
Sejong Georgia LLC · 3 yrs held
Sejong Georgia LLC
since 2023
Last sale
$5.0M
2 recorded transactions
Zoning & alternative use
16- CP-GI · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.3M
+391.1%
Office building
$7.1M
+319.0%
Medical building
$6.9M
+309.5%
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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
$4,895,000
ML approach
$4,670,000
CAP Approach
CAP Return
Estimation
6%
$5,470,000
6.5%
$5,050,000
7%
$4,690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,260,000
Change: +391% · Conversion: Difficult
OFFICE BUILDING
$7,050,000
Change: +319% · Conversion: Difficult
MEDICAL BUILDING
$6,890,000
Change: +309% · Conversion: Difficult
RETAIL STORES
$5,305,000
Change: +215% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,270,000
Change: +213% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,490,000
Change: +107% · Conversion: Difficult
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±10% · vs last sale $4.98M (Mar 17 2023)
Last sale anchor
$4.98M
Mar 17 2023
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
$68 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$52,409
Tax year 2023
Assessed value
$1,921,640
Assessed 2023
Previous assessed
$109,385
+1,656.8% YoY
Effective rate
2.73%
On assessed value
Assessed land
$210,000
Assessed improvement
$1,711,640
Land market value
$525,000
Improvement market value
$4,279,100
Total market value
$4,804,100
Applied tax rate
16.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1975
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
1
Total area
73,600 SF
Lot
15 ac (653,400 SF)
Zoning code
16- CP-GI
APN
0603 000008
UPID
US22-0808275
Jurisdiction
TROUP
Zoning & alternative use
16- CP-GI · Lagrange, GA
Zoning 16- CP-GI · permitted uses
16- CP-GI · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lagrange. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.1M
MEDICAL BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1975
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
15 ac
Current owner
From public records · entity-resolved
Sejong Georgia LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1571 LUKKEN INDUSTRIAL DR W, LAGRANGE, GA 30240-5757
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
$4,980,000
Sejong Georgia LLC
Lllp Jsy
Limited Warranty Deed
—
Jul 9, 2021
$1,721,000
Lllp Jsy
Kaydon Custom Filtration Corp
Limited Warranty Deed
$1,376,800 · Southern States Bank
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 1571 Lukken Industrial W Dr?
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.
