Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1831 Veterans Memorial Hwy SW Austell, GA 30168

    • Manufacturing properties
    • 40,452 SF
    • 9.65 lot acres
    For Sale
    View listing
    $697,700
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0332852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Voith Paper Fabric & Roll Systems Inc. / Industrial Manufacturer / Production Facility
    • Cambridge Academy of Austell LLC / Daycare Center
    • BRITE Childcare / High School / Vocational School
    • Volth Sulzer Paper Technnlogy / Distribution Center

    Property Details for 1831 Veterans Memorial Hwy SW

    Year built
    1979
    Lot size
    9.65 lot acres
    Property size
    40,452 SF
    Zone code
    HI
    Property type
    Manufacturing properties
    APN
    19130200460
    APU
    19130200460

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,105,000
      6.5%
      $3,790,000
      7%
      $3,520,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,827,000
      Market price range: $598k - $1.83M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,165,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austell
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6073
    Latitude
    33.8158
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $59,262
    $678,540
    $3,217,550
    $3,896,090
    -
    $1,696,350
    $3,217,550
    $4,913,900

    Comparable in this City

    • Value Estimation
      $1,910,000
      26,500 SF

      985 White Rd

      MANUFACTURING (LIGHT) • 26,500 SF
      985 White Rd, Austell, GA 30168-7617
      View Details
    • Value Estimation by Request
      7,200 SF

      5794 Cousins St

      MANUFACTURING (LIGHT) • 7,200 SF
      5794 Cousins St, Austell, GA 30168-3518
      View Details
    • Value Estimation
      $2,160,000
      29,482 SF

      608 Riverside Pkwy

      MANUFACTURING (LIGHT) • 29,482 SF
      608 Riverside Pkwy, Austell, GA 30168
      View Details
    • Value Estimation
      $2,105,000
      50,190 SF

      1470 Dl Ct

      MANUFACTURING (LIGHT) • 50,190 SF
      1470 Dl Ct, Austell, GA 30168-5524
      View Details
    • Value Estimation
      $1,940,000
      25,867 SF

      319 Lee Industrial Blvd

      MANUFACTURING (LIGHT) • 25,867 SF
      319 Lee Industrial Blvd, Austell, GA 30168-7427
      View Details
    • Value Estimation
      $615,000
      6,000 SF

      5800 Cousins St

      MANUFACTURING (LIGHT) • 6,000 SF
      5800 Cousins St, Austell, GA 30168-3520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      97,185 SF

      Austell Warehouse with Recent Upgrades

      32,000 SF warehouse space with new roof and lighting.
      8005 Second Flags Dr, Austell, GA 30168
      View Details
    • $16,180,913
      100,000 SF

      16.36 Acre Parking Lot

      Parking lot in industrial corridor, leased to FedEx.
      7805 White Rd, Austell, GA 30168
      View Details
    • $1,800,000
      1,980 SF

      Industrial Property in Austell, Georgia

      Industrial property for sale in Cobb County, zoned industrial.
      1010 White Rd, Austell, GA 30168
      View Details
    • $1,600,000
      1.90 Acres

      Austell Warehouse: $1.6M Asking Price

      Industrial Warehouse, 1.9 Acres, Cobb County
      1010 White Rd, Austell, GA 30168
      View Details
    • Contact for pricing
      115,650 SF

      Austell Industrial Building For Sale

      115,650 SF front-load industrial building in Cobb County.
      7555 Factory Shoals Rd, Austell, GA 30168
      View Details
    • Contact for pricing
      36,275 SF

      Industrial Property on 10 Acres

      36,275 SF industrial building on a 10-acre lot.
      6727 Oak Ridge Commerce Way, Austell, GA 30168
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      38,937 SF

      7435 Factory Shoals Rd

      Distribution properties • 38,937 SF
      7435 Factory Shoals Rd, Austell, GA 30168
      View Details
    • Contact for pricing
      51,910 SF

      Available Warehouse Space for Lease

      51,910 SF warehouse space with office available for lease.
      1218 Six Flags Rd, Austell, GA 30168
      View Details
    • $8 SF/Yr
      64,700 SF

      Austell Warehouse Space Available

      64,700 SF warehouse space for lease in Austell.
      8145 Troon Cir, Austell, GA 30168
      View Details
    • Contact for pricing
      6,300 SF

      Freestanding Drive-Through Building in Mableton

      6,300 SF industrial building with truck maintenance pit.
      Mableton, GA 30168
      View Details
    • Contact for pricing
      105,600 SF

      Austell Warehouse Space Available

      72,716 SF warehouse space divisible for rent.
      8015 2 Flag Dr, Austell, GA 30168
      View Details
    • $8 SF/Yr
      50,636 SF

      Austell Industrial Space Available

      Industrial property available for lease in Austell, Georgia.
      8125 Troon Cir, Austell, GA 30168
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1831 Veterans Memorial Hwy SW
    Austell, GA 30168
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.