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Property profile & analytics
OFF-MARKET
Estimated value
$41,565,000
Distribution centers
1793 Hwy 42nd S Mcdonough, GA 30252-7628
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1803810
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
417,918 SF
Lot
41.35 ac (1,801,206 SF)
APN
110-01021002
UPID
US22-1803810
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
$47.20M
Comparable Approach
Comparable
$51.50M
Blend (final)
Blend
$41.57M
Owner & transaction history
King Mill 3 LLC · 14 yrs held
King Mill 3 LLC
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$59.5M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$51,130,000
6.5%
$47,200,000
7%
$43,825,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$41,560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$59,455,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$41.57M
Range $37.41M – $45.72M · ±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
$99 / 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
$570,477
Tax year 2024
Assessed value
$14,040,000
Assessed 2024
Previous assessed
$14,040,000
+0.0% YoY
Effective rate
4.06%
On assessed value
Assessed land
$1,405,920
Assessed improvement
$12,634,080
Land market value
$3,514,800
Improvement market value
$31,585,200
Total market value
$35,100,000
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
Off-Market
Year built
2005
Construction
CONCRETE
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Units
1
Bathrooms
12
Total area
417,918 SF
Lot
41.35 ac (1,801,206 SF)
APN
110-01021002
UPID
US22-1803810
Jurisdiction
HENRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$41.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$59.5M
WAREHOUSE, STORAGE Current
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
2005
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
12
Lot
41.35 ac
Current owner
From public records · entity-resolved
King Mill 3 LLC
Entity
Mailing address
3344 PEACHTREE RD NE STE #1100, ATLANTA, GA 30326-4832
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Sep 8, 2016
—
King Mill 3 LLC
—
Deed
related
$47,580,682 · Miscellaneous Ins Co
Dec 19, 2011
$28,270,000
King Mill 3 LLC
King Mill Project I LLC
Grant Deed
related
$21,150,000 · Wells Fargo Bank
Aug 23, 2005
—
King Mill Project LLC
Cousins King Mill LLC
Quit Claim Deed
related
—
—
—
King Mill 3 LLC
—
Deed Of Trust
related
$47,580,682 · Miscellaneous Ins Co
—
—
King Mill 3 LLC
—
Deed Of Trust
related
$275,919,318 · Miscellaneous Ins Co
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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