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Property profile & analytics
OFF-MARKET
Estimated value
$53,730,000
Distribution centers
200 Thomas Pkwy Jefferson, GA 30549-1730
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4029874
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2016
Construction
CONCRETE
Total area
458,640 SF
Lot
54.96 ac (2,394,058 SF)
Zoning code
MI
APN
065 002K
UPID
US22-4029874
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$53.41M
Blend (final)
Blend
$53.73M
Owner & transaction history
Lipt Thomas Parkway LLC · 4 yrs held
Lipt Thomas Parkway LLC
since 2022
Last sale
$54.1M
2 recorded transactions
Zoning & alternative use
MI · Jefferson, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$50.7M
+43.6%
Auto repair, garage
$41.1M
+16.5%
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
$53,410,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$35,275,000
Current use
RETAIL STORES
$50,660,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$41,090,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$53.73M
Range $48.36M – $59.10M · ±10% · vs last sale $54.05M (Apr 8 2022)
Last sale anchor
$54.05M
Apr 8 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
$117 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$557,121
Tax year 2023
Assessed value
$17,332,040
Assessed 2023
Previous assessed
$17,332,040
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$5,436,280
Assessed improvement
$11,895,760
Land market value
$13,590,700
Improvement market value
$29,739,400
Total market value
$43,330,100
Applied tax rate
3.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
CENTRAL
Total area
458,640 SF
Lot
54.96 ac (2,394,058 SF)
Zoning code
MI
APN
065 002K
UPID
US22-4029874
Jurisdiction
JACKSON
Zoning & alternative use
MI · Jefferson, GAZoning MI · permitted uses
MI · Jefferson, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$35.3M
RETAIL STORES
Est. value
$50.7M
AUTO REPAIR, GARAGE
Est. value
$41.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2016
Construction
CONCRETE
Heating
CENTRAL
Lot
54.96 ac
Current owner
From public records · entity-resolved
Lipt Thomas Parkway LLC
Entity
Free & Clear · 4 yrs held
Mailing address
333 W WACKER DR, CHICAGO, IL 60606-1220
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
$54,050,000
Lipt Thomas Parkway LLC
200thomas LLC
Limited Warranty Deed
—
Dec 20, 2021
$25,683,840
200thomas LLC
Mc200 LLC
Limited Warranty Deed
$21,831,300 · Truist 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.
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