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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Industrial properties
1600 Westfork Dr Lithia Springs, GA 30122-1560
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0927148
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
CONCRETE
Total area
38,838 SF
Lot
2.57 ac (111,949 SF)
Zoning code
LI
APN
0425-18-2- -00006
UPID
US22-0927148
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
-
Automation Metso Construction Company
-
Valmet Inc. Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$4.00M
Owner & transaction history
Exeter 1600 Westfork LLC · 1 yrs held
Exeter 1600 Westfork LLC
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
LI · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.5M
+57.5%
Auto repair, garage
$4.8M
+37.8%
Neighborhood: shopping center
$4.5M
+29.6%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$4,000,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
$3,945,000
6.5%
$3,640,000
7%
$3,380,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,470,000
Current use
RETAIL STORES
$5,460,000
Change: +57% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,780,000
Change: +38% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,495,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,500,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Aug 9 2024)
Last sale anchor
$4.00M
Aug 9 2024
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
$103 / 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
$27,025
Tax year 2024
Assessed value
$858,960
Assessed 2024
Previous assessed
$858,960
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$61,360
Assessed improvement
$797,600
Land market value
$153,400
Improvement market value
$1,994,000
Total market value
$2,147,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
38,838 SF
Lot
2.57 ac (111,949 SF)
Zoning code
LI
APN
0425-18-2- -00006
UPID
US22-0927148
Jurisdiction
DOUGLAS
Zoning & alternative use
LI · Lithia Springs, GA
Zoning LI · permitted uses
LI · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithia Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
RETAIL STORES
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Exeter 1600 Westfork LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1600 WESTFORK DR N STE #502, LITHIA SPRINGS, GA 30122-1560
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
$4,000,000
Exeter 1600 Westfork LLC
Atlanta Industrial Ll LLC
Warranty Deed
—
Nov 15, 2019
$27,570,000
Atlanta Industrial Ll LLC
Taurus Uslf 176 Atlanta W LLC
Trustees Deed
$214,060,000 · Bank Of America
May 28, 2019
—
Taurus Uslf 176 Atlanta W LLC
—
Loan Modification
related
$30,421,263 · Mcmif Holdco I LLC
May 10, 2019
—
Taurus Uslf 176 Atlanta W LLC
—
Loan Modification
related
$26,721,263 · Mcmif Holdco I LLC
Apr 17, 2006
$88,600
J B Hunt Transport INC
Prologis
Grant Deed
—
Apr 6, 2006
$88,600
J B Hunt Transport INC
Prologis,
Grant Deed
—
Feb 2, 2006
$636,500
J B Hunt Transport INC
Bfd Westfork LLC
Grant Deed
—
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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