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Property profile & analytics
OFF-MARKET
Estimated value
$25,300,000
Distribution centers
2135 Anvil Block Rd Forest Park, GA 30297-1412
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0535518
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2023
Total area
169,832 SF
Lot
13.35 ac (581,700 SF)
Zoning code
I
APN
12-204 -205-006
UPID
US22-0535518
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
$25.30M
CAP Approach
CAP
$19.18M
Comparable Approach
Comparable
$26.46M
Blend (final)
Blend
$25.30M
Owner & transaction history
Dpif4 Ga 8 Glc II LLC · 2 yrs held
Dpif4 Ga 8 Glc II LLC
since 2024
Last sale
$25.3M
1 recorded transaction
Zoning & alternative use
I · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$30.4M
+88.8%
Office building
$28.1M
+74.6%
Neighborhood: shopping center
$24.0M
+49.1%
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$25,300,000
ML approach
$25,300,000
CAP Approach
CAP Return
Estimation
6%
$20,780,000
6.5%
$19,180,000
7%
$17,810,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,090,000
Current use
COMMERCIAL (GENERAL)
$30,375,000
Change: +89% · Conversion: Difficult
OFFICE BUILDING
$28,085,000
Change: +75% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,985,000
Change: +49% · Conversion: Moderate
Blend value · Realmo final
$25.30M
Range $22.77M – $27.83M · ±10% · vs last sale $25.30M (Mar 13 2024)
Last sale anchor
$25.30M
Mar 13 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
$149 / 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
$120,549
Tax year 2024
Assessed value
$7,601,200
Assessed 2024
Previous assessed
$3,457,480
+119.8% YoY
Effective rate
1.59%
On assessed value
Assessed land
$371,240
Assessed improvement
$7,229,960
Land market value
$928,100
Improvement market value
$18,074,900
Total market value
$19,003,000
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
2023
Total area
169,832 SF
Lot
13.35 ac (581,700 SF)
Zoning code
I
APN
12-204 -205-006
UPID
US22-0535518
Jurisdiction
CLAYTON
Zoning & alternative use
I · Forest Park, GA
Zoning I · permitted uses
I · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.1M
COMMERCIAL (GENERAL)
Est. value
$30.4M
OFFICE BUILDING
Est. value
$28.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2023
Lot
13.35 ac
Current owner
From public records · entity-resolved
Dpif4 Ga 8 Glc II LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5500 EQUITY AVE, RENO, NV 89502-2343
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
$25,300,356
Dpif4 Ga 8 Glc II LLC
Gillem Logistics Center Building 70
Warranty Deed
—
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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