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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Warehouses
2240 Sparta Way Buford, GA 30519-2012
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4699224
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Total area
17,110 SF
Lot
5.73 ac (249,599 SF)
Zoning code
PCD
APN
15-041 -000-008B
UPID
US22-4699224
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
-
Compass Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
Amsdell Storage Ventures 61 Ll · 7 yrs held
Amsdell Storage Ventures 61 Ll
since 2019
7 recorded transactions
Zoning & alternative use
PCD · Buford, GA
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,895,000
Current use
OFFICE BUILDING
$2,745,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,650,000
Change: -8% · Conversion: Moderate
RETAIL STORES
$2,625,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$109 / 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
$70,507
Tax year 2024
Assessed value
$1,685,880
Assessed 2024
Previous assessed
$1,687,480
-0.1% YoY
Effective rate
4.18%
On assessed value
Assessed land
$710,600
Assessed improvement
$975,280
Land market value
$1,776,500
Improvement market value
$2,438,200
Total market value
$4,214,700
Applied tax rate
21.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
YES
Buildings
5
Stories
1
Rooms
7
Bathrooms
2
Total area
17,110 SF
Lot
5.73 ac (249,599 SF)
Zoning code
PCD
APN
15-041 -000-008B
UPID
US22-4699224
Jurisdiction
HALL
Zoning & alternative use
PCD · Buford, GAZoning PCD · permitted uses
PCD · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE VI
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Heating
YES
Stories
1
Buildings
5
Rooms
7
Bathrooms
2
Lot
5.73 ac
Current owner
From public records · entity-resolved
Amsdell Storage Ventures 61 Ll
Entity
Free & Clear · 7 yrs held
Mailing address
20445 EMERALD PKWY STE #220, CLEVELAND, OH 44135-6027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2019
$15,200,000
Amsdell Storage Ventures 61 Ll
Premier Storage LLC
Grant Deed
—
May 10, 2019
—
Amsdell Storage Ventures 61 Ll
Premier Storage LLC
Quit Claim Deed
related
—
Dec 26, 2017
—
Premier Storage LLC
—
Grant Deed
related
$2,290,000 · Fifty Five Fifty LLC
Nov 10, 2017
—
Premier Storage LLC
—
Grant Deed
related
$1,793,678 · Fifty Five Fifty LLC
Oct 25, 2017
—
Premier Storage LLC
—
Deed
related
$1,798,864 · Fifty Five Fifty LLC
Oct 18, 2012
—
Premier Storage LLC
—
Deed Of Trust
related
$1,646,000 · Ga Resource Capital
Oct 17, 2012
—
Premier Storage LLC
—
Trustees Deed
related
$1,600,000 · Metro City Bank
Apr 5, 2007
$1,100,000
Harold Fletcher
Community Bank Trust
Grant Deed
—
Apr 5, 2007
$50,500
Premier Storage LLC
Fletcher,harold
Grant Deed
—
Apr 5, 2007
$50,000
Harold Fletcher
S,k Lllp
Grant Deed
—
Apr 5, 2007
$1,100,500
Premier Storage LLC
Fletcher,harold
Grant Deed
$3,009,846 · First Georgia Banking Co
—
—
Premier Storage LLC
—
Deed Of Trust
related
—
—
—
Premier Storage LLC
—
Deed Of Trust
related
—
—
—
Premier Storage LLC
—
Deed Of Trust
related
$2,000,000 · Metro City Bank
—
—
Premier Storage LLC
—
Deed Of Trust
related
$2,000,000 · Metro City Bank
—
—
Premier Storage LLC
—
Deed Of Trust
related
$1,798,864 · Fifty Five Fifty LLC
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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