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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Warehouses
200 Grayson Industrial Pkwy Grayson, GA 30017-4151
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0053601
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
17,200 SF
Lot
1.99 ac (86,684 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R5154 149
UPID
US22-0053601
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
-
about stride to strive High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$820k
Owner & transaction history
R Waye Properties LLC · 2 yrs held
R Waye Properties LLC
since 2023
Last sale
$823,400
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Grayson, 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 Grayson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grayson 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
$930,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $823k (Aug 16 2023)
Last sale anchor
$823k
Aug 16 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
$48 / 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
$29,763
Tax year 2024
Assessed value
$806,920
Assessed 2024
Previous assessed
$653,200
+23.5% YoY
Effective rate
3.69%
On assessed value
Assessed land
$208,040
Assessed improvement
$598,880
Land market value
$520,100
Improvement market value
$1,497,200
Total market value
$2,017,300
Applied tax rate
5.0000
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
17,200 SF
Lot
1.99 ac (86,684 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R5154 149
UPID
US22-0053601
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Grayson, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Grayson, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grayson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
R Waye Properties LLC
Entity
Mailing address
300 MICHAEL ETCHISON RD, MONROE, GA 30655-5997
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 16, 2023
—
R Waye Properties LLC
Russell Waye
Quit Claim Deed
related
—
Mar 7, 2018
—
Fe Dev LLC
Future Extreme LLC
Quit Claim Deed
related
—
Mar 7, 2018
$823,400
Russell Waye
Fe Dev LLC
Grant Deed
$701,250 · Pinnacle Bk/wy Cheyenne Br
Aug 6, 2013
$600,000
Fe Dev LLC
Britt Mae P Trust
Grant Deed
$307,500 · Afb&t
Jun 23, 2006
$1,037,400
Britt,mae P Trust
Alexus Ents INC
Grant Deed
—
Jun 20, 2006
$1,037,375
W H Britt
Alexus Enterprises INC
Grant Deed
—
—
—
Alexus Ents INC
—
Deed Of Trust
related
$909,011 · Suntrust Bank NA
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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