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Property profile & analytics
OFF-MARKET
Estimated value
$39,565,000
Distribution centers
222 Industrial Park Dr Perry, GA 31069-2427
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1286703
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
WOOD
Total area
528,578 SF
Lot
32.75 ac (1,426,590 SF)
Zoning code
M2
APN
0P37A0 014000
UPID
US22-1286703
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
by Request
CAP Approach
CAP
$46.39M
Comparable Approach
Comparable
$44.76M
Blend (final)
Blend
$39.57M
Owner & transaction history
220 Distribution Center LLC · 5 yrs held
220 Distribution Center LLC
since 2020
4 recorded transactions
Zoning & alternative use
M2 · Perry, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$60.4M
+10.9%
Office building
$59.9M
+9.8%
Medical building
$59.5M
+9.1%
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 Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry 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
by Request
CAP Approach
CAP Return
Estimation
6%
$50,250,000
6.5%
$46,385,000
7%
$43,070,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$54,530,000
Current use
COMMERCIAL (GENERAL)
$60,445,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$59,865,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$59,480,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$56,840,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$39.57M
Range $35.61M – $43.52M · ±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
$75 / 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
$309,446
Tax year 2024
Assessed value
$8,421,680
Assessed 2024
Previous assessed
$8,290,040
+1.6% YoY
Effective rate
3.67%
On assessed value
Assessed land
$262,000
Assessed improvement
$8,159,680
Land market value
$655,000
Improvement market value
$20,399,200
Total market value
$21,054,200
Applied tax rate
2.0000
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
2003
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
528,578 SF
Lot
32.75 ac (1,426,590 SF)
Zoning code
M2
APN
0P37A0 014000
UPID
US22-1286703
Jurisdiction
HOUSTON
Zoning & alternative use
M2 · Perry, GA
Zoning M2 · permitted uses
M2 · Perry, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$54.5M
COMMERCIAL (GENERAL)
Est. value
$60.4M
OFFICE BUILDING
Est. value
$59.9M
MEDICAL BUILDING
Est. value
$59.5M
RETAIL STORES
Est. value
$56.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2003
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
32.75 ac
Current owner
From public records · entity-resolved
220 Distribution Center LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3333 PEACHTREE RD NE, ATLANTA, GA 30326-1070
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
220 Distribution Center LLC
Development Authority Of Houston
Quit Claim Deed
related
—
Mar 13, 2017
—
Guardian Centers Of Georgia Ll
Development Authority Of Houst
Grant Deed
related
—
Dec 29, 2011
—
Development Authority Of Houston
Middle Georgia Regional Dev Au
Grant Deed
$15,000,000 · Us Bank NA
Aug 3, 2006
—
Cnty Dev Auth Houston
220 Distribution Center LLC
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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