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Property profile & analytics
OFF-MARKET
Estimated value
$2,335,000
Warehouses
1939 Frg St Tucker, GA 30084-6609
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-4709011
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
18,560 SF
Lot
2.7 ac (117,612 SF)
Zoning code
X
APN
18 184 06 007
UPID
US22-4709011
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
-
Armellini Logistics- Atlanta, GA Logistics Company Freight Service
-
Armellini Express Lines, Inc Logistics Company Freight Service
-
Air Conditioning Experts HVAC Service General Contractor
-
DTI Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
$3.11M
Blend (final)
Blend
$2.34M
Owner & transaction history
Tucker Terminal LLC · 3 yrs held
Tucker Terminal LLC
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
X · Tucker, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.5M
+64.5%
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 Tucker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucker 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
$2,055,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
$2,270,000
6.5%
$2,095,000
7%
$1,945,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,125,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,495,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$2.34M
Range $2.10M – $2.57M · ±10% · vs last sale $3.10M (Mar 31 2023)
Last sale anchor
$3.10M
Mar 31 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
$126 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$61,135
Tax year 2024
Assessed value
$1,203,600
Assessed 2024
Previous assessed
$1,203,600
+0.0% YoY
Effective rate
5.08%
On assessed value
Assessed land
$108,324
Assessed improvement
$1,095,276
Land market value
$270,810
Improvement market value
$2,738,190
Total market value
$3,009,000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
3
Stories
1
Total area
18,560 SF
Lot
2.7 ac (117,612 SF)
Zoning code
X
APN
18 184 06 007
UPID
US22-4709011
Jurisdiction
DE KALB
Zoning & alternative use
X · Tucker, GA
Zoning X · permitted uses
X · Tucker, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tucker. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1982
Heating
NONE
Stories
1
Buildings
3
Lot
2.7 ac
Current owner
From public records · entity-resolved
Tucker Terminal LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3445 SW PO BOX 678TH AVE, PALM CITY, FL 34991-0678
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$3,100,000
Tucker Terminal LLC
Lemra Investments LLC
Warranty Deed
—
Feb 20, 2019
$2,860,900
Lemra Investments LLC
Stevens Family Ventures LLC
Grant Deed
—
Feb 20, 2019
—
Lemra Investments LLC
Stevens Family Ventures LLC
Quit Claim Deed
related
—
Jan 5, 2017
$1,225,000
Ace Ventures LLC
Db & D Investments LLC
Grant Deed
$1,000,000 · Pnc Bk
Jun 28, 2006
$767,500
Db D Investments
Tate,clinton W
Grant Deed
—
—
—
Db & D Investments LLC
—
Deed Of Trust
related
$719,882 · Branch Banking & Trust Co
—
—
Dbd Investments
—
Deed Of Trust
related
$320,000 · Branch Banking & Trust Co
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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