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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Industrial properties
2354 Pendley Rd Cumming, GA 30041-6402
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1352147
Property summary
AI-generated overview
This exceptional 3,000-square-foot warehouse space, located at 2354 Pendley Rd, Suite B, Cumming, GA 30041, presents a fantastic opportunity for businesses seeking efficient and well-maintained industrial space. Situated in the desirable 400 Corridor submarket, this single-story Class C building boasts a 16-foot ceiling height, perfect for various storage and operational needs. Built in 2000 and renovated in 2022, the property offers a clean and modern workspace. While there are no loading docks, the property conveniently features one drive-in door for easy access. Ample power is provided via a 3-phase, 400-amp electrical panel. Parking is readily available with four spaces designated for the tenant. The property is zoned M-1 and has an APN of 131-000-044. Its convenient location offers easy access to Ronald Reagan Blvd. and Highway 9. The entire 3,000 square feet is available for lease as a single unit. This is a multi-tenant building. This property is an ideal solution for businesses seeking a functional and updated warehouse space in a prime location.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
21,280 SF
Lot
1.23 ac (53,579 SF)
Zoning code
M1
APN
131 044
UPID
US22-1352147
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
-
Signworks Unlimited, Inc. (Bike/Boat/Book/etc) Store Printing Service
-
Walksit Carbon Cane Chair Production Facility
-
TaHi Auto Art Car Wash
-
Compression Therapy Systems, LLC Production Facility
-
Icon Restoration LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.31M
Owner & transaction history
Jtgr Property LLC · 4 yrs held
Jtgr Property LLC
since 2021
Last sale
$2.4M
1 recorded transaction
Zoning & alternative use
M1 · Cumming, 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 Cumming submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumming 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
$2,600,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
$2,160,000
6.5%
$1,995,000
7%
$1,850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,405,000
Current use
WAREHOUSE, STORAGE
$3,265,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10% · vs last sale $2.35M (Dec 30 2021)
Last sale anchor
$2.35M
Dec 30 2021
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
$108 / 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
$15,241
Tax year 2024
Assessed value
$621,528
Assessed 2024
Previous assessed
$621,528
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$68,880
Assessed improvement
$552,648
Land market value
$172,200
Improvement market value
$1,381,620
Total market value
$1,553,820
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Bathrooms
0
Total area
21,280 SF
Lot
1.23 ac (53,579 SF)
Zoning code
M1
APN
131 044
UPID
US22-1352147
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Cumming, GA
Zoning M1 · permitted uses
M1 · Cumming, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumming. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2000
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.23 ac
Current owner
From public records · entity-resolved
Jtgr Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2380 WOOD CV DR, CUMMING, GA 30041-7885
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$2,350,000
Jtgr Property LLC
Zalco Construction INC
Limited Warranty 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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