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Property profile & analytics
OFF-MARKET
Estimated value
$14,950,000
Manufacturing properties
1965 Statham Dr Statham, GA 30666-1822
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1550810
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
224,093 SF
Lot
17.6 ac (766,656 SF)
Zoning code
LI
APN
ST02 090H
UPID
US22-1550810
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
-
Benchmark Industrial Manufacturer Production Facility
-
Southern Packaging Factory Industrial Manufacturer
-
Kleenline Industrial Manufacturer Production Facility
-
Zalkin Industrial Manufacturer Production Facility
-
ProMach Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.55M
Blend (final)
Blend
$14.95M
Owner & transaction history
STAG STATHAM LLC
STAG STATHAM LLC
Zoning & alternative use
LI · Statham, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LI Light Industrial District PUD Planned Unit Development District Sec. 2-103. Amendment. (a) No changes of any nature shall be made to the official zoning map except for amendments to the map approved by the Statham city council or by adoption of a new official zoning map of the City of Statham, and except as otherwise specifically provided in this section.…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
162.24 ac
Source
StathamUDCAdopted6 30 20
Top alternative use upside
Warehouse, storage
$22.2M
+1.3%
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 Statham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statham 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$21,900,000
Current use
WAREHOUSE, STORAGE
$22,195,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$14.95M
Range $13.46M – $16.45M · ±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
$67 / 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
$104,210
Tax year 2024
Assessed value
$3,500,150
Assessed 2024
Previous assessed
$3,500,150
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$115,660
Assessed improvement
$3,384,490
Land market value
$289,150
Improvement market value
$8,461,226
Total market value
$8,750,376
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Bathrooms
80
Total area
224,093 SF
Lot
17.6 ac (766,656 SF)
Zoning code
LI
APN
ST02 090H
UPID
US22-1550810
Jurisdiction
BARROW
Zoning & alternative use
LI · Statham, GAZoning LI · permitted uses
LI · Statham, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LI Light Industrial District PUD Planned Unit Development District Sec. 2-103. Amendment. (a) No changes of any nature shall be made to the official zoning map except for amendments to the map approved by the Statham city council or by adoption of a new official zoning map of the City of Statham, and except as otherwise specifically provided in this section. (b) The official zoning map may be amended from time to time, or a new official zoning map may be adopted, in accordance with the provisions of this UDC. Amendments to the official zoning map shall be made promptly after the amendment has been approved. (c) The zoning administrator is authorized to correct or update property lines depicted on the official zoning map, as such changes to the tax records of the city are made through land subdivision and combination of lots or for other reasons, without a requirement to seek
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
162.24 ac
Source
StathamUDCAdopted6 30 20
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$21.9M
WAREHOUSE, STORAGE
Est. value
$22.2M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Bathrooms
80
Lot
17.6 ac
Current owner
From public records · entity-resolved
STAG STATHAM LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1 FEDERAL ST, BOSTON, MA 02110-2012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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