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Property profile & analytics
OFF-MARKET
Estimated value
$12,250,000
Warehouses
1587 Tibarron SE Pkwy, Smyrna, GA 30080-7264
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1049824
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Total area
85,140 SF
Lot
1.92 ac (83,548 SF)
Zoning code
GC
APN
17075300180
UPID
US22-1049824
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
-
Life Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.77M
CAP Approach
CAP
$13.61M
Comparable Approach
Comparable
$13.59M
Blend (final)
Blend
$12.25M
Owner & transaction history
Sh 7211 7212 LLC · 4 yrs held
Sh 7211 7212 LLC
since 2021
Last sale
$12.0M
3 recorded transactions
Zoning & alternative use
GC · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$12,550,000
ML approach
$9,770,000
CAP Approach
CAP Return
Estimation
6%
$14,745,000
6.5%
$13,610,000
7%
$12,635,000
Blend value · Realmo final
$12.25M
Range $11.03M – $13.48M · ±10% · vs last sale $11.99M (Jul 15 2021)
Last sale anchor
$11.99M
Jul 15 2021
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
$144 / 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
$117,848
Tax year 2023
Assessed value
$8,718,386
Assessed 2024
Previous assessed
$3,861,480
+125.8% YoY
Effective rate
1.35%
On assessed value
Assessed land
$702,276
Assessed improvement
$8,016,110
Land market value
$1,755,690
Improvement market value
$8,016,110
Total market value
$9,771,800
Applied tax rate
9.0000
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
2018
Heating
NONE
Total area
85,140 SF
Lot
1.92 ac (83,548 SF)
Zoning code
GC
APN
17075300180
UPID
US22-1049824
Jurisdiction
COBB
Zoning & alternative use
GC · Smyrna, GA
Zoning GC · permitted uses
GC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Lot
1.92 ac
Current owner
From public records · entity-resolved
Sh 7211 7212 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1587 TIBARRON PKWY SE, SMYRNA, GA 30080-7264
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$11,988,800
Sh 7211 7212 LLC
Gfn Atlanta LLC
Limited Warranty Deed
—
May 2, 2008
$875,000
Aspen Hills Associates LLC
Racetrac Petroleum INC
Grant Deed
—
May 2, 2008
—
Aspen Hills Associates LLC
Racetrac Petroleum 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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