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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Warehouses
1818 Bankhead Hwy Carrollton, GA 30116-8643
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0474726
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1991
Construction
STEEL FRAME
Total area
3,500 SF
Lot
4.5 ac (196,020 SF)
Zoning code
C
APN
131- -0053
UPID
US22-0474726
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
-
Westwood Auto Auction Car Dealership
-
Empower Rental Group (Bike/Boat/Book/etc) Store Rental Equipment Company
-
3995 Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$985k
Owner & transaction history
Hi 5 Properties LLC · 2 yrs held
Hi 5 Properties LLC
since 2023
Last sale
$755,000
7 recorded transactions
Zoning & alternative use
C · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$660,000
+63.6%
Commercial (general)
$565,000
+40.8%
Auto repair, garage
$545,000
+35.4%
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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$985,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
RETAIL STORES
$660,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$565,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$545,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $755k (Aug 18 2023)
Last sale anchor
$755k
Aug 18 2023
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
$281 / 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
$5,740
Tax year 2023
Assessed value
$228,881
Assessed 2023
Previous assessed
$200,723
+14.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$135,000
Assessed improvement
$93,881
Land market value
$337,500
Improvement market value
$234,703
Total market value
$572,203
Applied tax rate
2.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Total area
3,500 SF
Lot
4.5 ac (196,020 SF)
Zoning code
C
APN
131- -0053
UPID
US22-0474726
Jurisdiction
CARROLL
Zoning & alternative use
C · Carrollton, GAZoning C · permitted uses
C · Carrollton, GA
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
RETAIL STORES
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$545,000
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1991
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
4
Lot
4.5 ac
Current owner
From public records · entity-resolved
Hi 5 Properties LLC
Entity
Mailing address
1818 BANKHEAD HWY, CARROLLTON, GA 30116-8643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
$755,000
Hi 5 Properties LLC
Ben Camp
Warranty Deed
—
Mar 4, 2021
$500,000
Ben Camp
Mark Clayton
Warranty Deed
—
Jul 18, 2011
—
Mark D Clayton
—
Loan Modification
related
$1,012,500 · United Community Bank
Apr 27, 2010
—
Mark D Clayton
—
Trustees Deed
related
$1,042,500 · United Community Bank
Dec 1, 2009
$450,000
Mark Clayton
Entrekin,james E
Warranty Deed
—
Sep 25, 2009
$450,000
Mark Clayton
Entrekin,james E
Grant Deed
—
Mar 1, 2006
—
Todd A Bussey
Entrekin,james E
Grant Deed
related
—
—
—
Mark D Clayton
—
Deed Of Trust
related
$1,042,500 · United Community 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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