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Property profile & analytics
OFF-MARKET
Estimated value
$5,345,000
Manufacturing properties
1820 Cobb Industrial SE Blvd Smyrna, GA 30082-4908
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1385891
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
46,726 SF
Lot
2.93 ac (127,631 SF)
Zoning code
HI
APN
17061900180
UPID
US22-1385891
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
-
4YourHome - Qualtex Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.03M
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$5.35M
Owner & transaction history
Exeter 1820 S Cobb Industrial LLC · 2 yrs held
Exeter 1820 S Cobb Industrial LLC
since 2023
Last sale
$5.8M
6 recorded transactions
Zoning & alternative use
HI · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent in establishing the HI district is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The HI district is comprised primarily of those existing industrial use areas that are located on or have ready access to major thoroughfares and rail faci…
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
62.30 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$5,345,000
ML approach
$5,025,000
CAP Approach
CAP Return
Estimation
6%
$4,745,000
6.5%
$4,380,000
7%
$4,065,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,810,000
Current use
Blend value · Realmo final
$5.35M
Range $4.81M – $5.88M · ±10% · vs last sale $5.75M (Aug 15 2023)
Last sale anchor
$5.75M
Aug 15 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
$114 / 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
$30,397
Tax year 2023
Assessed value
$2,187,866
Assessed 2024
Previous assessed
$1,155,520
+89.3% YoY
Effective rate
1.39%
On assessed value
Assessed land
$221,756
Assessed improvement
$1,966,110
Land market value
$554,390
Improvement market value
$1,966,110
Total market value
$2,520,500
Applied tax rate
9.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Total area
46,726 SF
Lot
2.93 ac (127,631 SF)
Zoning code
HI
APN
17061900180
UPID
US22-1385891
Jurisdiction
COBB
Zoning & alternative use
HI · Smyrna, GAZoning HI · permitted uses
HI · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent in establishing the HI district is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The HI district is comprised primarily of those existing industrial use areas that are located on or have ready access to major thoroughfares and rail facilities and are well adapted to industrial development.
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
62.30 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.8M
INDUSTRIAL (GENERAL) 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
1984
Heating
NONE
Lot
2.93 ac
Current owner
From public records · entity-resolved
Exeter 1820 S Cobb Industrial LLC
Entity
Mailing address
1820 S COBB INDUSTRIAL BLVD SE #250, SMYRNA, GA 30082-4908
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2024
—
Exeter 1820 S Cobb Industrial LLC
—
Deed
related
$595,000,000 · Stanley Mortgage Capital Holdings LLC
Aug 15, 2023
$5,750,000
Exeter 1820 S Cobb Industrial LLC
1820 South Cobb Industrial Boulevar
Limited Warranty Deed
—
Nov 9, 2018
—
1820 S Cobb Indl Blvd LLC
—
Deed
related
$1,000,000 · First Symetra Nat'l Life Ins C
Dec 12, 2005
$2,250,000
1820 South Cobb Indus Blvd LLC
Baggett,william R
Grant Deed
—
—
—
1820 S Cobb Indl Blvd LLC
—
Deed Of Trust
related
$1,000,000 · First Symetra Nat'l Life Ins C
—
—
1820 South Cobb Indl Boulevar
—
Loan Modification
related
$1,253,327 · Suntrust Bk
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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