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Property profile & analytics
OFF-MARKET
Estimated value
$375,000
Industrial land
2080 Athens Hwy Elberton, GA 30635-4488
Individually Owned
12-yr Hold
Free & Clear
Property ID
US22-2914533
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1969
Total area
15,900 SF
Lot
10.33 ac (449,975 SF)
Zoning code
I
APN
024 013
UPID
US22-2914533
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
-
Wilhite Brothers Granite Co Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$375k
Owner & transaction history
Lamonte Hughes Damein · 12 yrs held
Lamonte Hughes Damein
since 2014
3 recorded transactions
Zoning & alternative use
I · Elberton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I zone is established to protect and promote a suitable environment for light industrial purposes, including accessibility to major transportation facilities, and availability of adequate utilities and other public services, Industrial uses that cause obnoxious noise, vibrations, smoke, gas, fumes, odor, glare, fire hazards or other objectionable environ…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
571.95 ac
Source
Realmo
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 Elberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elberton 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$375k
Range $338k – $413k · ±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
$24 / 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
$401
Tax year 2023
Assessed value
$16,725
Assessed 2023
Previous assessed
$16,725
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$16,725
Land market value
$41,813
Total market value
$41,813
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
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1969
Heating
NONE
Total area
15,900 SF
Lot
10.33 ac (449,975 SF)
Zoning code
I
APN
024 013
UPID
US22-2914533
Jurisdiction
ELBERT
Zoning & alternative use
I · Elberton, GAZoning I · permitted uses
I · Elberton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I zone is established to protect and promote a suitable environment for light industrial purposes, including accessibility to major transportation facilities, and availability of adequate utilities and other public services, Industrial uses that cause obnoxious noise, vibrations, smoke, gas, fumes, odor, glare, fire hazards or other objectionable environment conditions are prohibited from this district
Zone name
Industrial
General category
INDUSTRIAL
Zone area
571.95 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
10.33 ac
Current owner
From public records · entity-resolved
Lamonte Hughes Damein
Individual
Free & Clear · 12 yrs held
Mailing address
1879 BOWMAN HWY NW, DEWY ROSE, GA 30634-3020
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2014
$17,500
Lamonte Hughes Damein
Bobby F Moon
Warranty Deed
—
Oct 28, 2011
$62,500
Bobby F Moon
Northeast Georgia Bank
Deed
—
Oct 25, 2011
—
Northeast Georgia Bank
Hugh D Wilhite
Deed In Lieu Of Foreclosure
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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