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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Manufacturing properties
2252 Atlanta SE Hwy Statham, GA 30666-2628
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1279206
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
STEEL FRAME
Total area
12,600 SF
Lot
3.5 ac (152,460 SF)
Zoning code
AG
APN
XX133 038
UPID
US22-1279206
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
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Palletworks Holdings LLC · 2 yrs held
Palletworks Holdings LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
AG · Statham, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
StathamUDCAdopted6 30 20
Top alternative use upside
Retail stores
$1.8M
+47.5%
Commercial (general)
$1.7M
+41.0%
Auto repair, garage
$1.7M
+34.0%
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 Statham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statham 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
$2,390,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,815,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,735,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,650,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±10% · vs last sale $2.00M (Oct 2 2023)
Last sale anchor
$2.00M
Oct 2 2023
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
$173 / 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
$6,158
Tax year 2024
Assessed value
$240,567
Assessed 2024
Previous assessed
$240,567
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$102,060
Assessed improvement
$138,507
Land market value
$255,150
Improvement market value
$346,268
Total market value
$601,418
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
12,600 SF
Lot
3.5 ac (152,460 SF)
Zoning code
AG
APN
XX133 038
UPID
US22-1279206
Jurisdiction
BARROW
Zoning & alternative use
AG · Statham, GAZoning AG · permitted uses
AG · Statham, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
StathamUDCAdopted6 30 20
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1982
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Palletworks Holdings LLC
Entity
Mailing address
2252 PO BOX 266TH HWY SE, BOGART, GA 30622-0266
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$2,000,000
Palletworks Holdings LLC
Powell Huff Properties LLC
Limited Warranty Deed
$1,500,000 · Powell Huff Properties
Aug 21, 2017
$500,000
Powell-huff Properties LLC
Oglethorpe Hall Properties LLC
Grant Deed
$490,000 · State Bk&tr
Dec 11, 2014
—
Oglethorpe Hall Properties LLC
—
Trustees Deed
related
$6,000 · Roll-off Systems INC
Feb 28, 2008
$200,000
Powell Huff Properties LLC
Oglethorpe Hall Properties
Grant Deed
—
—
—
Salterpath LLC
—
Deed Of Trust
related
$540,277 · Peoples Bank & Trust
—
—
James E Stevens
—
Deed Of Trust
related
$156,445 · Home America Mortgage Co
—
—
Kenneth D Lumpkin
—
Deed Of Trust
related
$50,000 · Litton Loan Servicing LP
—
—
Ernest R Jenkins
—
Deed Of Trust
related
$202,289 · Northeast Ga Bank
—
—
Morgans Ridge Homes LLC
—
Deed Of Trust
related
$120,000 · First Piedmont Federal S&l
—
—
Salterpath LLC
—
Deed Of Trust
related
$574,766 · Peoples Ban Trust
—
—
Steven Selk
—
Deed Of Trust
related
$45,000 · Double O Bonding Co INC
—
—
Salterpath LLC
—
Deed Of Trust
related
$552,524 · Peoples Bank & Trust
—
—
Steven Selk
—
Deed Of Trust
related
$10,000 · Oo Bonding Co INC
—
—
Eliezer Manguia
—
Deed Of Trust
related
$131,213 · Freedom Mortgage
—
—
Exclusive Svcs Pallet Co INC
—
Deed Of Trust
related
$105,360 · National Bank Ga
—
—
J Scott Desing
—
Deed Of Trust
related
$520,075 · Peoples Bank & Trust
—
—
Salterpath LLC
—
Deed Of Trust
related
$523,727 · Peoples Bank & Trust
—
—
Evelyn Dennis
—
Deed Of Trust
related
$164,430 · Colonial Bank
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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