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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Warehouses
201 Martin Luther King Jr Dr Sylvester, GA 31791-2440
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-3321722
Property summary
AI-generated overview
This exceptional 13.34-acre industrial property in Sylvester, Georgia, presents a significant investment opportunity. The property features a 53,362-square-foot single-story manufacturing building constructed in 1964, boasting 20-foot ceilings and eight loading docks with eight dock-high doors. The building includes approximately 2,000 square feet of office space. The property is situated on three parcels with level topography and substantial frontage on West Martin Luther King Jr. Drive (approximately 232 feet), West Crockett Street (approximately 722 feet), and Town Creek (approximately 742 feet). Its convenient location offers easy access to Highway 82 and is less than one mile away, and only 19 miles from Interstate 75 Exit 80. The property is zoned for both industrial and residential use, providing flexibility for future development. The 2020 property taxes were $2,876.46. This former manufactured housing plant offers significant potential for various industrial uses. The asking price is $530,000.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
FRAME
Total area
53,362 SF
Lot
2.64 ac (114,998 SF)
APN
SV080-126-000
UPID
US22-3321722
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
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.11M
Owner & transaction history
Sunlake Liv Systems LLC · 8 yrs held
Sunlake Liv Systems LLC
since 2017
1 recorded transaction
Zoning & alternative use
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 Sylvester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvester 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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$21 / 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
$2,327
Tax year 2023
Assessed value
$64,690
Assessed 2023
Previous assessed
$64,690
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$12,433
Assessed improvement
$52,257
Land market value
$31,083
Improvement market value
$130,642
Total market value
$161,725
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1964
Construction
FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
53,362 SF
Lot
2.64 ac (114,998 SF)
APN
SV080-126-000
UPID
US22-3321722
Jurisdiction
WORTH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
2.64 ac
Current owner
From public records · entity-resolved
Sunlake Liv Systems LLC
Entity
Mailing address
PO BOX 566, DOUGLAS, GA 31534-0566
Ownership since
2017
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
Jul 26, 2017
—
Sunlake Liv Systems LLC
—
Deed
related
$255,604 · 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.
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