New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Warehouses
190 Industrial Dr, Alma, GA 31510-7632
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-3031662
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Construction
CONCRETE
Total area
187,731 SF
Lot
14.12 ac (615,067 SF)
Zoning code
INDUSTRIAL
APN
023A364008
UPID
US22-3031662
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
-
Farmer John Berries LLC Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Farmer John LLC · 15 yrs held
Farmer John LLC
since 2010
5 recorded transactions
Zoning & alternative use
INDUSTRIAL · Alma, 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 Alma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alma 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / 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
$20,651
Tax year 2023
Assessed value
$535,760
Assessed 2023
Previous assessed
$535,760
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$53,160
Assessed improvement
$482,600
Land market value
$132,900
Improvement market value
$1,206,500
Total market value
$1,339,400
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
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
1975
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
187,731 SF
Lot
14.12 ac (615,067 SF)
Zoning code
INDUSTRIAL
APN
023A364008
UPID
US22-3031662
Jurisdiction
BACON
Zoning & alternative use
INDUSTRIAL · Alma, GA
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · Alma, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
14.12 ac
Current owner
From public records · entity-resolved
Farmer John LLC
Entity
Mailing address
PO BOX 443, ALMA, GA 31510-0443
Ownership since
2010
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
Dec 20, 2019
—
Farmer John LLC
—
Deed
related
$1,600,000 · Fnb South
Jun 28, 2010
$500,000
Farmer John LLC
Herlis Associates INC
Deed
$850,718 · Fnb South
Aug 7, 2008
$900,000
Herlis Associates LLC
United Commercial Bank A C
Deed
—
Aug 7, 2008
—
Herlis Associates LLC
United Commercial Bank A C
Deed
—
Jul 5, 2006
$2,150,000
The Summit National Bank
Jlm Highway 2 LLC
Foreclosure
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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