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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
218 Stockyard Rd Statesboro, GA 30458-4309
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-2301427
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Construction
STEEL FRAME
Total area
24,908 SF
Lot
2.81 ac (122,404 SF)
Zoning code
LI
APN
MS38 -004-000
UPID
US22-2301427
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$555k
Owner & transaction history
Ball Co LLC · 6 yrs held
Ball Co LLC
since 2020
5 recorded transactions
Zoning & alternative use
LI · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the LI district is to establish and preserve areas for industrial and related uses of such a nature that they do not create serious problems of compatibility with other kinds of uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
378.92 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$22 / 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
$2,739
Tax year 2023
Assessed value
$95,290
Assessed 2023
Previous assessed
$95,290
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$30,800
Assessed improvement
$64,490
Land market value
$77,000
Improvement market value
$161,226
Total market value
$238,226
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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Total area
24,908 SF
Lot
2.81 ac (122,404 SF)
Zoning code
LI
APN
MS38 -004-000
UPID
US22-2301427
Jurisdiction
BULLOCH
Zoning & alternative use
LI · Statesboro, GAZoning LI · permitted uses
LI · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the LI district is to establish and preserve areas for industrial and related uses of such a nature that they do not create serious problems of compatibility with other kinds of uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
378.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Lot
2.81 ac
Current owner
From public records · entity-resolved
Ball Co LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 38, STATESBORO, GA 30459-0038
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2020
$5,000
Ball Co LLC
Snella Ents INC
Grant Deed
—
May 21, 2019
$1,400
Snella Ents INC
Morris Bk
Grant Deed
related
—
Mar 21, 2018
$180,000
Directline Ministry Statesbor
Brannen,thomas H JR & Thomas H SR
Grant Deed
$100,000 · Bank Of Newington
Mar 21, 2018
—
Directline Ministry Statesbor
Brannen,thomas H JR & Thomas H SR
Quit Claim Deed
related
—
Apr 30, 2010
$100,000
Thomas Harold Brannen JR.
Richards,woods Product
Grant 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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