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Property profile & analytics
OFF-MARKET
Estimated value
$11,100,000
Office Spaces
2220 Airport Industrial Dr Ball Ground, GA 30107-4696
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1235905
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
124,420 SF
Lot
19.86 ac (865,102 SF)
Zoning code
LI
APN
14N27 111 K
UPID
US22-1235905
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
-
Sull Graphics Marketing & Advertising Printing Service
-
PGP Industrial Manufacturer Production Facility
-
Transtechnik Corp USA Industrial Manufacturer Production Facility
-
Numax Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.41M
Blend (final)
Blend
$11.10M
Owner & transaction history
Mdh Cherokee Dev LLC · 14 yrs held
Mdh Cherokee Dev LLC
since 2011
4 recorded transactions
Zoning & alternative use
LI · Ball Ground, 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 Ball Ground submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ball Ground 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.10M
Range $9.99M – $12.21M · ±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
$89 / 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
$44,764
Tax year 2023
Assessed value
$1,703,156
Assessed 2023
Previous assessed
$1,703,156
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$1,193,812
Assessed improvement
$509,344
Land market value
$2,984,531
Improvement market value
$1,273,359
Total market value
$4,257,890
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
124,420 SF
Lot
19.86 ac (865,102 SF)
Zoning code
LI
APN
14N27 111 K
UPID
US22-1235905
Jurisdiction
CHEROKEE
Zoning & alternative use
LI · Ball Ground, GA
Zoning LI · permitted uses
LI · Ball Ground, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ball Ground. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
19.86 ac
Current owner
From public records · entity-resolved
Mdh Cherokee Dev LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2 N RIVERSIDE PLZ STE #2350, CHICAGO, IL 60606-2617
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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 16, 2019
—
Icon Ga Airport Indl Owner Po
—
Grant Deed
related
$1,550,000,000 · Deutsche Bk Ag/ny Branch
Nov 15, 2011
—
Mdh Cherokee Dev LLC
Cherokee County Dev Authority
Quit Claim Deed
related
—
Jan 8, 2007
—
Cherokee County Dev Authority
Mdh Cherokee Dev LLC
Quit Claim Deed
related
—
—
—
Bre Of Ga Airport Industrial Park
—
Deed Of Trust
related
$112,000 · New York Life Insurance
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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