Entity Owned Property summary
AI-generated overview
This exceptional 13,463-square-foot flex industrial space presents a unique investment opportunity. Situated on one acre of land, this single-tenant property boasts a convenient location directly off Route 78 (Stone Mountain Highway), near the intersection of Hewatt Road. The building, constructed in 1985 and renovated in 2021, is classified as Class B and features a single story with an impressive 18-foot ceiling height. The 2,243 square feet of vacant space offers significant potential. The unit includes its own 14-foot high garage door and a separate entrance door, providing excellent accessibility. Internal space allows for ample racking. The property offers 30 total parking spaces and seven drive-in bays, ensuring convenient loading and unloading. The zoning is designated as flex industrial. Nearby businesses include BP Gas, Mobile, U-Haul, Walgreens, and a Home Depot, providing added convenience and potential synergy for various businesses. This property is an ideal choice for businesses seeking a well-located, functional, and adaptable industrial space.
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1985
Total area
12,760 SF
Lot
0.97 ac (42,253 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6053 004B
UPID
US22-4749561
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor Renovation Specialist
-
Plumbing Service General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.26M
Owner & transaction history
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Snellville, GA
Top alternative use upside
Apartment house (5+ units)
$2.7M
+143.6%
Commercial (general)
$2.5M
+127.0%
Office building
$2.2M
+100.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.26M
Value range
$2.03M – $2.48M
±10% around blend
Estimated value / SF
$177 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
90
$2.03M
blend $2.26M
$2.48M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,760 SF
Lot area
0.97 ac
Year built
1985
Stories
1
APN
R6053 004B
Zoning
M1-LIGHT INDUSTRY
Assessed value
$786,720
Annual tax
$28,463
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.44M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.56M
@ 6.5% CAP return
$1.44M
@ 7% CAP return
$1.34M
4
Sales comparison
Partial preview
Sales approach indication
$1.91M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.0 mi away · 16,560 SF
4.6 mi away · 10,000 SF
6.1 mi away · 12,000 SF
7.7 mi away · 15,150 SF
8.4 mi away · 15,428 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.26M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 63 sales
$87
+104%
County 421 sales
$160
+11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $177/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+144%
vs current-use indication
Commercial (general)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
4.20%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.20%
9.0%
NOI (est.)
$140k *
Last sale · Sep 2023
$2.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.33M
Move the market yield to see immediate price impact.
Value / SF
$261
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.70%4.20%4.70%
$126k
$3.41M
$3.00M
$2.68M
$140k
$3.78M
$3.33M
$2.98M
$154k
$4.16M
$3.67M
$3.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$500k
3.4 mi · Dec 2025 · $56/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$28,463
Tax year 2024
Assessed value
$786,720
Assessed 2024
Previous assessed
$240,000
+227.8% YoY
Effective rate
3.62%
On assessed value
Assessed land
$84,520
Assessed improvement
$702,200
Land market value
$211,300
Improvement market value
$1,755,500
Total market value
$1,966,800
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1985
Heating
YES
Cooling
NONE
Stories
1
Total area
12,760 SF
Lot
0.97 ac (42,253 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6053 004B
UPID
US22-4749561
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Snellville, GAZoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Snellville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
0.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1-LIGHT INDUSTRY
Jurisdiction
Snellville, GA
Recorded code
M1-LIGHT INDUSTRY
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1-LIGHT INDUSTRY in Snellville, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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