Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Warehouses
2344 Flt Shls SE Rd Conyers, GA 30013-1968
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-3856876
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Construction
STEEL FRAME
Total area
20,000 SF
Lot
1.05 ac (45,738 SF)
Zoning code
MXD
APN
093-0-02-008C
UPID
US22-3856876
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
by Request
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$1.53M
Owner & transaction history
East Metro Sports LLC · 6 yrs held
East Metro Sports LLC
since 2019
7 recorded transactions
Zoning & alternative use
MXD · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Mixed use Development (MxD) District is to advocate the creation and preservation of a distinct and visually harmonious community of choice that is compact, mixed-use and pedestrian friendly, and supports patterns of urbanization that are stimulating, safe and ecologically sustainable
Zone name
Mixed Use Development
General category
MIXED_USE
Zone area
713.42 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$2.5M
+27.3%
Office building
$2.4M
+21.9%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$1,955,000
Current use
AUTO REPAIR, GARAGE
$2,485,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$2,380,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$76 / 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
$20,920
Tax year 2023
Assessed value
$507,920
Assessed 2023
Previous assessed
$507,920
+0.0% YoY
Effective rate
4.12%
On assessed value
Assessed land
$43,880
Assessed improvement
$464,040
Land market value
$109,700
Improvement market value
$1,160,100
Total market value
$1,269,800
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
20,000 SF
Lot
1.05 ac (45,738 SF)
Zoning code
MXD
APN
093-0-02-008C
UPID
US22-3856876
Jurisdiction
ROCKDALE
Zoning & alternative use
MXD · Conyers, GAZoning MXD · permitted uses
MXD · Conyers, 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 Mixed use Development (MxD) District is to advocate the creation and preservation of a distinct and visually harmonious community of choice that is compact, mixed-use and pedestrian friendly, and supports patterns of urbanization that are stimulating, safe and ecologically sustainable
Zone name
Mixed Use Development
General category
MIXED_USE
Zone area
713.42 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
East Metro Sports LLC
Entity
Mailing address
75 CAMERONS WAY, COVINGTON, GA 30016-1163
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2019
$650,000
East Metro Sports LLC
2344 Flat Shoals LLC
Grant Deed
$585,000 · 2344 Flat Shoals LLC
Jan 12, 2017
—
2344 Flat Shoals LLC
Rhino Cabinets LLC
Warranty Deed
related
—
Jul 7, 2016
$600,000
Rhino Cabinets LLC
2344 Flat Shoals LLC
Grant Deed
$60,000 · 2344 Flat Shoals LLC
Jun 10, 2016
—
2315 Iris Drive LLC
Little John B JR
Grant Deed
related
—
Jun 6, 2016
—
2344 Flat Shoals LLC
Little John B JR
Grant Deed
related
—
Aug 12, 2013
$550,000
John B Little JR.
Bertram LLC
Trustees Deed
—
May 19, 2004
$500,000
Cammbridge Flat Shoals I W INC
T & J INC
Warranty Deed
$450,000 · John B JR Little
—
—
Robert John Madden
—
Deed Of Trust
related
$400,000 · Farmers & Merchants Svgs 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2344 Flt Shls SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
