New search
Property profile & analytics
OFF-MARKET
Estimated value
$97,400,000
Refrigerated & Cold Storage
200 King Ml Rd, Mcdonough, GA 30253-6805
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1143657
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
675,238 SF
Lot
49.23 ac (2,144,459 SF)
Zoning code
M1
APN
110-01019001
UPID
US22-1143657
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
-
Lineage Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$97.40M
CAP Approach
CAP
$76.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$97.40M
Owner & transaction history
Llhmrs Mcdonough Re LLC · 2 yrs held
Llhmrs Mcdonough Re LLC
since 2024
Last sale
$97.4M
5 recorded transactions
Zoning & alternative use
M1 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$155.9M
+132.2%
Commercial (general)
$154.0M
+129.4%
Auto repair, garage
$139.2M
+107.3%
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 Mcdonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcdonough 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
$97,400,000
ML approach
$97,400,000
CAP Approach
CAP Return
Estimation
6%
$82,615,000
6.5%
$76,260,000
7%
$70,810,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$67,150,000
Current use
RETAIL STORES
$155,900,000
Change: +132% · Conversion: Moderate
COMMERCIAL (GENERAL)
$154,030,000
Change: +129% · Conversion: Difficult
AUTO REPAIR, GARAGE
$139,235,000
Change: +107% · Conversion: Easy
OFFICE BUILDING
$108,240,000
Change: +61% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$96,060,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$97.40M
Range $87.66M – $107.14M · ±10% · vs last sale $97.40M (Apr 11 2024)
Last sale anchor
$97.40M
Apr 11 2024
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
$144 / 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
$485,441
Tax year 2024
Assessed value
$11,976,000
Assessed 2024
Previous assessed
$11,976,000
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$1,673,800
Assessed improvement
$10,302,200
Land market value
$4,184,500
Improvement market value
$25,755,500
Total market value
$29,940,000
Applied tax rate
1.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Units
1
Bathrooms
7
Total area
675,238 SF
Lot
49.23 ac (2,144,459 SF)
Zoning code
M1
APN
110-01019001
UPID
US22-1143657
Jurisdiction
HENRY
Zoning & alternative use
M1 · Mcdonough, GA
Zoning M1 · permitted uses
M1 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$67.2M
RETAIL STORES
Est. value
$155.9M
COMMERCIAL (GENERAL)
Est. value
$154.0M
AUTO REPAIR, GARAGE
Est. value
$139.2M
OFFICE BUILDING
Est. value
$108.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$96.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
7
Lot
49.23 ac
Current owner
From public records · entity-resolved
Llhmrs Mcdonough Re LLC
Entity
Free & Clear · 2 yrs held
Mailing address
200 KING ML RD, MCDONOUGH, GA 30253-6805
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Apr 11, 2024
—
Llhmrs Mcdonough Re LLC
Csmc 2019 Ice4 Commercial Mortgage
Quit Claim Deed
related
—
May 15, 2019
—
Llhmrs Mcdonough Re LLC
—
Grant Deed
related
—
May 8, 2017
—
Llh Mrs Mcdonough Re LLC
—
Deed
related
$1,295,000,000 · Goldman Sachs Mtg
Feb 23, 2016
—
Llh Mrs Mcdonough Re LLC
Wells Fargo Bk 2014-ice
Quit Claim Deed
related
$1,000,000,000 · Goldman Sachs Mtg
May 13, 2014
$97,400,000
Llh Mrs Mcdonough Re LLC
Millard Refrigerated Svcs INC
Trustees Deed
$655,000,000 · Column Fin'l
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 King Ml Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
