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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Warehouses
19 Railroad St Bowman, GA 30624-2328
Individually Owned
Free & Clear
Property ID
US22-3201557
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1954
Construction
STEEL FRAME
Total area
24,300 SF
Lot
1.24 ac (54,014 SF)
Zoning code
BOWMAN
APN
B02 060
UPID
US22-3201557
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
-
Little Shops Of Bowman Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$765k
Owner & transaction history
George Allen Harris
George Allen Harris
since 2025
7 recorded transactions
Zoning & alternative use
BOWMAN · Bowman, 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 Bowman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowman 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$31 / 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
$1,531
Tax year 2023
Assessed value
$62,246
Assessed 2023
Previous assessed
$46,176
+34.8% YoY
Effective rate
2.46%
On assessed value
Assessed land
$14,943
Assessed improvement
$47,303
Land market value
$37,358
Improvement market value
$118,257
Total market value
$155,615
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1954
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Total area
24,300 SF
Lot
1.24 ac (54,014 SF)
Zoning code
BOWMAN
APN
B02 060
UPID
US22-3201557
Jurisdiction
ELBERT
Zoning & alternative use
BOWMAN · Bowman, GAZoning BOWMAN · permitted uses
BOWMAN · Bowman, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Lot
1.24 ac
Current owner
From public records · entity-resolved
George Allen Harris
Individual
Free & Clear · 0 yrs held
Mailing address
360 BRIARWOOD DR, BOWMAN, GA 30624-2202
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
George Allen Harris
Leila Properties LLC
Warranty Deed
—
Oct 25, 2024
—
Leila Properties LLC
James M Harris
Warranty Deed
—
Dec 29, 2017
$1,500
James M Harris
City Of Bowman
Warranty Deed
—
Feb 27, 2017
—
James M Harris
James D Williams
Warranty Deed
—
Feb 27, 2017
$70,000
James M Williams
Harry P Alexander
Warranty Deed
—
Mar 8, 2013
$85,000
James D Williams
Mica A Hilson
Warranty Deed
—
Mar 8, 2013
—
Mica A Hilson
Mica A Hilson
Warranty Deed
related
—
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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