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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Warehouses
1646 Us Hwy 84 Blackshear, GA 31516-1166
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-3301477
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
CONCRETE
Total area
6,000 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C
APN
024A-018-A
UPID
US22-3301477
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
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$383k
Blend (final)
Blend
$570k
Owner & transaction history
Briarwood Baptist Church Of Blacksh · 4 yrs held
Briarwood Baptist Church Of Blacksh
since 2022
Last sale
$570,000
4 recorded transactions
Zoning & alternative use
C · Blackshear, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+100.5%
Restaurant
$730,000
+96.8%
Auto repair, garage
$575,000
+54.5%
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 Blackshear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blackshear 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
$665,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$370,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +100% · Conversion: Difficult
RESTAURANT
$730,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$575,000
Change: +54% · Conversion: Easy
RETAIL STORES
$480,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $570k (Apr 12 2022)
Last sale anchor
$570k
Apr 12 2022
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
$95 / 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
Assessed value
$81,486
Assessed 2023
Previous assessed
$81,486
+0.0% YoY
Assessed land
$14,760
Assessed improvement
$66,726
Land market value
$36,900
Improvement market value
$166,816
Total market value
$203,716
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,000 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C
APN
024A-018-A
UPID
US22-3301477
Jurisdiction
PIERCE
Zoning & alternative use
C · Blackshear, GA
Zoning C · permitted uses
C · Blackshear, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blackshear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$370,000
COMMERCIAL (GENERAL)
Est. value
$745,000
RESTAURANT
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$575,000
RETAIL STORES
Est. value
$480,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2002
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Briarwood Baptist Church Of Blacksh
Entity
Mailing address
1646 US HWY 84, BLACKSHEAR, GA 31516-1166
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
$570,000
Briarwood Baptist Church Of Blacksh
Waycross Community Church INC
Warranty Deed
$490,076 · Primesouth Bank
Sep 24, 2020
—
Waycross Community Church INC
Jerry J Weathersby LLC
Warranty Deed
—
Jul 7, 2016
—
Regional Billboards LLC
Jerry J Weathersby LLC
Warranty Deed
—
Oct 27, 2014
$155,000
Jerry J Weathersby LLC
Strickland Norris B
Warranty Deed
$1,000,000 · First Southern 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.
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