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Property profile & analytics
FOR LEASE
Warehouses
1955 Montreal Rd Tucker, GA 30084
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4727515
For Lease
1 / 10
$6,465,000
1955 Montreal Rd, Tucker, GA 30084
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Total area
40,308 SF
Lot
5.03 ac (219,107 SF)
Zoning code
X
APN
18 190 03 004
UPID
US22-4727515
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.44M
CAP Approach
CAP
$4.55M
Comparable Approach
Comparable
$7.47M
Blend (final)
Blend
$6.47M
Owner & transaction history
1955 Montreal Rd LLC · 4 yrs held
1955 Montreal Rd LLC
since 2022
Last sale
$6.6M
1 recorded transaction
Zoning & alternative use
X · Tucker, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.3M
+122.3%
Retail stores
$10.2M
+121.0%
Auto repair, garage
$8.7M
+88.2%
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
$6,165,000
ML approach
$6,435,000
CAP Approach
CAP Return
Estimation
6%
$4,930,000
6.5%
$4,550,000
7%
$4,225,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,615,000
Current use
COMMERCIAL (GENERAL)
$10,260,000
Change: +122% · Conversion: Difficult
RETAIL STORES
$10,200,000
Change: +121% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,685,000
Change: +88% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$7,590,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$6.47M
Range $5.82M – $7.11M · ±10% · vs last sale $6.63M (May 20 2022)
Last sale anchor
$6.63M
May 20 2022
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
$160 / 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
$112,492
Tax year 2024
Assessed value
$2,895,760
Assessed 2024
Previous assessed
$2,647,880
+9.4% YoY
Effective rate
3.88%
On assessed value
Assessed land
$219,080
Assessed improvement
$2,676,680
Land market value
$547,700
Improvement market value
$6,691,700
Total market value
$7,239,400
Applied tax rate
90.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1969
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
40,308 SF
Lot
5.03 ac (219,107 SF)
Zoning code
X
APN
18 190 03 004
UPID
US22-4727515
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
$4.6M
COMMERCIAL (GENERAL)
Est. value
$10.3M
RETAIL STORES
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1969
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
5.03 ac
Current owner
From public records · entity-resolved
1955 Montreal Rd LLC
Entity
Mailing address
220 W PKWY 1ST STE #1, POMPTON PLAINS, NJ 07444-1048
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$6,625,000
1955 Montreal Rd LLC
A Iverson Means LLC
Warranty Deed
$5,631,250 · Ameris Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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