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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Warehouses
181 Andrew Dr Stockbridge, GA 30281-6350
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1702526
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
9,000 SF
Lot
0.68 ac (29,621 SF)
Zoning code
M1
APN
033-01001014
UPID
US22-1702526
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
-
Poppin Rock Granite Building Supply Hardware & Home Improvement
-
Affordable Countertops LLC (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$565k
Owner & transaction history
Poppin Rock Granite LLC · 8 yrs held
Poppin Rock Granite LLC
since 2018
5 recorded transactions
Zoning & alternative use
M1 · Stockbridge, 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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$540,000
Current use
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$63 / 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
$9,255
Tax year 2024
Assessed value
$226,920
Assessed 2024
Previous assessed
$226,920
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$29,640
Assessed improvement
$197,280
Land market value
$74,100
Improvement market value
$493,200
Total market value
$567,300
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Bathrooms
4
Total area
9,000 SF
Lot
0.68 ac (29,621 SF)
Zoning code
M1
APN
033-01001014
UPID
US22-1702526
Jurisdiction
HENRY
Zoning & alternative use
M1 · Stockbridge, GA
Zoning M1 · permitted uses
M1 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$540,000
WAREHOUSE, STORAGE Current
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.68 ac
Current owner
From public records · entity-resolved
Poppin Rock Granite LLC
Entity
Mailing address
181 ANDREW DR, STOCKBRIDGE, GA 30281-6350
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
May 18, 2018
$315,000
Poppin Rock Granite LLC
Pick Property Group LLC
Warranty Deed
$258,773 · United Cmnty Bk
Jul 15, 2010
$220,000
Pick Property Group LLC
Carnes,r Richard & Dorothy H
Warranty Deed
$219,000 · R Richard & Dorothy H Carnes
Nov 3, 2004
$400,000
Smj Properties LLC
Carnes,r Richard & Dorothy H
Warranty Deed
$254,600 · R Richard & Dorothy H Carnes
—
—
Pick Property Grp LLC
—
Deed Of Trust
related
$219,000 · Dorothy Carnes
—
—
Pick Property Group LLC
—
Loan Modification
related
$243,568 · Shanti Jagat LLC
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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