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Property profile & analytics
OFF-MARKET Estimated value $530,000
Warehouses

158 Cherry St Commerce, GA 30529-2413

2,100 SF 0.5 ac lot Built 1963
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US22-2309398
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1963
Construction STEEL FRAME
Total area 2,100 SF
Lot 0.5 ac (21,780 SF)
Zoning code CBD
APN C04 024
UPID US22-2309398
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
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
Molly Baroco · 4 yrs held
Molly Baroco
since 2022
Last sale
$519,600
1 recorded transaction
2022
$519,600
Zoning & alternative use
CBD · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 2-213. CBD, Central Business District. (a) Purpose and intent. The CBD zoning district is intended to concentrate commercial stores within mixed-use centers. This district is unique in that the existing development pattern consists of buildings covering all or very large percentages of the lot, little if any building setbacks on front, side, and rear pr…

Zone name Central Business District
General category COMMERCIAL
Zone area 69.12 ac
Source Zoning Ordinance
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