Back to Search
Property profile & analytics
FOR LEASE
Commercial land
2151 Eatonton Rd Madison, GA 30650
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3658390
For Lease
1 / 6
$1,650/Mo
2151 Eatonton Rd, Madison, GA 30650
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
5.22 ac (227,383 SF)
Zoning code
C3
APN
046B 002
UPID
US22-3658390
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
-
Edward Jones - Financial Advisor: William Thompson Financial Advisor
-
Pulliam M Michael MD Ophthalmologist
-
Olsen Timothy W MD Physician
-
Pulliam Eye Group Ophthalmologist
-
Christopher Menke, DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Storage Of Madison LLC · 3 yrs held
Storage Of Madison LLC
since 2022
Last sale
$595,000
7 recorded transactions
Zoning & alternative use
C3 · Madison, GA
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$610,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $595k (Sep 15 2022)
Last sale anchor
$595k
Sep 15 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
—
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
$6,917
Tax year 2023
Assessed value
$230,202
Assessed 2023
Previous assessed
$230,202
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$230,202
Land market value
$575,505
Total market value
$575,505
Applied tax rate
92.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Lot
5.22 ac (227,383 SF)
Zoning code
C3
APN
046B 002
UPID
US22-3658390
Jurisdiction
MORGAN
Zoning & alternative use
C3 · Madison, GA
Zoning C3 · permitted uses
C3 · Madison, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
5.22 ac
Current owner
From public records · entity-resolved
Storage Of Madison LLC
Entity
Mailing address
120 PINECREST DR, MONROE, GA 30655-1969
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
$595,000
Storage Of Madison LLC
Scheradams Investments LLC
Limited Warranty Deed
—
Sep 9, 2021
—
Eddie Dean Franklin
Eddie Dean Franklin
Warranty Deed
related
—
Sep 9, 2021
$232,000
Eddie Dean Franklin
Alan T Lord
Warranty Deed
$185,600 · Bank Of Madison County
Dec 7, 2012
$175,000
Scheradams Investments LLC
Velton Craft
Warranty Deed
$74,375 · Banksouth
Mar 23, 2012
$120,000
Velton Craft
Renasant Bank
Warranty Deed
—
Nov 19, 2010
—
Renasant Bank
Madison South LLC
Deed
—
Sep 1, 2009
—
Madison South LLC
Madison South LLC
Gift Deed
related
—
Apr 6, 2005
$179,900
Eastside Building Contractord
Madison South LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
