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    Property profile & analytics

    24 Racetrack Rd Mcdonough, GA 30253-6829

    • Industrial properties
    • 2,754 SF
    • 9.20 lot acres
    OFF-MARKET
    Value Estimation
    $5,175,000
    Last Sale
    Jun 28, 2024
    $5,225,000
    Location Intelligence
    Property ID
    US22-2689828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CS Fleet Truck Parking / Trucking Company / Transportation Service

    Property Details for 24 Racetrack Rd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    9.20 lot acres
    Property size
    2,754 SF
    Zone code
    M1
    Property type
    Industrial properties
    APN
    M12-05001000
    APU
    M1205001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,875,000
      6.5%
      $5,715,000
      7%
      $5,025,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,135,000
      Geo Method
      $5,725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,640,000
      Retail
      $4,395,000
      Mixed-Use
      $4,340,000
      Hospitality
      $4,010,000
      Educational
      $4,230,000
      Residential Income
      $4,515,000
      Energy
      $4,285,000
      Income-Based Land
      $4,495,000
      Food Service
      $5,475,000

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.148
    Latitude
    33.4296
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,332
    $300,640
    $81,760
    $382,400
    -
    $751,600
    $204,400
    $956,000

    Comparable in this City

    • Value Estimation by Request
      10,881 SF

      205-211 Mcdonough Pkwy

      Distribution properties • 10,881 SF
      205-211 Mcdonough Pkwy, McDonough, GA 30253
      View Details
    • Value Estimation by Request
      12,000 SF

      215-221 Mcdonough Pkwy

      Distribution properties • 12,000 SF
      215-221 Mcdonough Pkwy, McDonough, GA 30253
      View Details
    • Value Estimation
      $6,950,000
      8.44 Acres

      Greenwood Industrial Pkwy

      INDUSTRIAL (GENERAL) • 8.44 Acres
      Greenwood Industrial Pkwy, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      420 SF

      201 Greenwood Ct

      INDUSTRIAL (GENERAL) • 420 SF
      201 Greenwood Ct, Mcdonough, GA 30253-7527
      View Details
    • Value Estimation by Request
      10.00 Acres

      175 Griffin St

      Land • 10.00 Acres
      175 Griffin St, McDonough, GA 30253
      View Details
    • Value Estimation by Request
      4,800 SF

      500 Charles Ct

      Distribution properties • 4,800 SF
      500 Charles Ct, McDonough, GA 30253
      View Details

    Similar Nearby for Sale

    • $1,505,745
      10.00 Acres

      175 Griffin St

      Land • 10.00 Acres
      175 Griffin St, McDonough, GA 30253
      View Details
    • $340,000
      1.34 Acres

      McDonough Land: Prime Development Site

      1.34 Acres, Commercial/Industrial, Zoned C
      1001 Regency Plaza Blvd, McDonough, GA 30253
      View Details
    • $2,500,000
      3.20 Acres

      Jodeco Road Development Land

      3.2-acre commercial/residential land
      0 Jodeco Rd, McDonough, GA 30253
      View Details
    • $1,500,000
      10,166 SF

      Industrial Property with Office Space

      Industrial property featuring office space, dock door, and drive-in door.
      1000 Dailey Mill Rd, McDonough, GA 30253
      View Details
    • Contact for pricing

      Freestanding Building in McDonough

      5,000 SF building with office and warehouse space.
      2851 Commerce Pl, McDonough, GA 30253
      View Details
    • Contact for pricing
      498 SF

      Modern Warehouse with Ample Parking

      Warehouse featuring 40' clear height, ESFR sprinkler, and ample parking.
      175 Candler Rd, McDonough, GA 30253
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land for Truck Storage

      4.3 acres for truck, equipment, or industrial outdoor storage.
      100 Industrial Blvd, McDonough, GA 30253
      View Details
    • $6 SF/Yr
      164,500 SF

      McDonough Warehouse Space Available

      164,500 SF warehouse space for lease in McDonough, GA.
      1325 Highway 155 S, McDonough, GA 30253
      View Details
    • Contact for pricing
      14,918 SF

      Industrial Space in McDonough, GA

      Industrial property for rent in the I-75 South submarket.
      418-482 Westridge Pkwy, McDonough, GA 30253
      View Details
    • $12 SF/Yr
      63,640 SF

      Point 75 Office Park - McDonough, GA

      Modern Office/Industrial Space Available
      3500 Loop Rd, McDonough, GA 30253
      View Details
    • Contact for pricing
      35,000 SF

      McDonough Warehouse Space Available

      35,000 SF warehouse space with cross-dock configuration for lease.
      1355-1357 Highway 155 S, McDonough, GA 30253
      View Details
    • Contact for pricing
      87,360 SF

      Industrial Warehouse Space Available

      87,360 SF industrial space for rent in McDonough, GA.
      159 Westridge Pkwy, McDonough, GA 30253
      View Details
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    24 Racetrack Rd
    Mcdonough, GA 30253-6829
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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