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Property profile & analytics
FOR LEASE
Distribution centers
159 Westridge Pkwy McDonough, GA 30253
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3987484
For Lease
Contact for pricing
159 Westridge Pkwy, McDonough, GA 30253
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
CONCRETE
Total area
622,430 SF
Lot
46.24 ac (2,014,084 SF)
Zoning code
M1
APN
076-01007011
UPID
US22-3987484
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
-
BLUE BUFFALO Corporate Office
-
GXO Logistics Company Freight Service
-
Westridge Logistics Center Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$70.30M
Comparable Approach
Comparable
$46.04M
Blend (final)
Blend
$61.23M
Owner & transaction history
Exeter 159 Westridge LP · 4 yrs held
Exeter 159 Westridge LP
since 2021
Last sale
$56.8M
5 recorded transactions
Zoning & alternative use
M1 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$99.8M
+61.2%
Neighborhood: shopping center
$88.5M
+43.1%
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 McDonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McDonough 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
$76,300,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$76,155,000
6.5%
$70,295,000
7%
$65,275,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$61,900,000
Current use
OFFICE BUILDING
$99,775,000
Change: +61% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$88,545,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$61.23M
Range $55.10M – $67.35M · ±10% · vs last sale $56.75M (Oct 25 2021)
Last sale anchor
$56.75M
Oct 25 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
$98 / 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
$506,861
Tax year 2024
Assessed value
$12,480,000
Assessed 2024
Previous assessed
$12,480,000
+0.0% YoY
Effective rate
4.06%
On assessed value
Assessed land
$1,572,040
Assessed improvement
$10,907,960
Land market value
$3,930,100
Improvement market value
$27,269,900
Total market value
$31,200,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2017
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Units
1
Total area
622,430 SF
Lot
46.24 ac (2,014,084 SF)
Zoning code
M1
APN
076-01007011
UPID
US22-3987484
Jurisdiction
HENRY
Zoning & alternative use
M1 · Mcdonough, GA
Zoning M1 · permitted uses
M1 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$61.9M
OFFICE BUILDING
Est. value
$99.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$88.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2017
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
46.24 ac
Current owner
From public records · entity-resolved
Exeter 159 Westridge LP
Entity
Free & Clear · 4 yrs held
Mailing address
100 W MATSONFORD RD STE #250, RADNOR, PA 19087-4558
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
—
Exeter 159 Westridge LP
Gpt 159 Westridge Owner LLC
Quit Claim Deed
related
—
Oct 21, 2021
—
Exeter 159 Westridge LP
Gpt 159 Westridge Owner LLC
Special Warranty Deed
$184,000,000 · New York Life Insurance
Oct 23, 2018
—
Gpt 159 Westridge Owner LLC
—
Deed
related
$1,220,000,000 · Citibank
Dec 20, 2017
$27,565,000
Gpt 159 Westridge Owner LLC
C5lc At Westridge LLC
Grant Deed
—
—
—
Gpt 159 Westridge Owner LLC
—
Deed Of Trust
related
$1,220,000,000 · Citibank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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