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Property profile & analytics
FOR LEASE
Distribution centers
1718 Highway 138 NE Conyers, GA 30013
Trust Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0594416
For Lease
1 / 2
$1,030,000
1718 Highway 138 NE, Conyers, GA 30013
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1979
Construction
STEEL FRAME
Total area
20,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
M1
APN
069-0-01-003J
UPID
US22-0594416
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.03M
Owner & transaction history
Lee Family Trust · 12 yrs held
Lee Family Trust
since 2013
6 recorded transactions
Zoning & alternative use
M1 · Conyers, 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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10%
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
$52 / 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
$5,455
Tax year 2023
Assessed value
$124,880
Assessed 2023
Previous assessed
$124,880
+0.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$10,800
Assessed improvement
$114,080
Land market value
$27,000
Improvement market value
$285,200
Total market value
$312,200
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
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
20,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
M1
APN
069-0-01-003J
UPID
US22-0594416
Jurisdiction
ROCKDALE
Zoning & alternative use
M1 · Conyers, GA
Zoning M1 · permitted uses
M1 · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Lee Family Trust
Trust
Mailing address
8752 N 52ND ST, PARADISE VALLEY, AZ 85253-2110
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2013
—
Lee Family Trust
Brown,andrew M
Grant Deed
related
—
Dec 6, 2013
—
Lee Family Trust
Hayes,lisa B
Grant Deed
related
$425,000 · Busey Bank
Dec 28, 2012
$150,000
Lee Family Trust
Bayview Ln Svcg LLC
Grant Deed
—
Dec 28, 2012
—
Bayview Ln Svcg LLC
Ib Property Holdings LLC
Quit Claim Deed
related
—
Dec 1, 2009
—
Ib Property Holdings LLC
Bayview Loan Servicing LLC
Grant Deed
related
—
—
—
Thurmond Properties INC
—
Deed Of Trust
related
$920,000 · Bayview Fin'l Small Busn Fndg
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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