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Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Warehouses
2405 Oak W St Cumming, GA 30041-6456
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-1707757
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
29,062 SF
Lot
6.54 ac (284,882 SF)
Zoning code
M1
APN
131 058
UPID
US22-1707757
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
-
Signature Home Creations Hardware & Home Improvement Kitchen & Bath Showroom
-
North Georgia Brick Co Inc Main Office Showroom & Brick Yard Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.28M
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$2.94M
Owner & transaction history
Alvord Green Investments LLC · 6 yrs held
Alvord Green Investments LLC
since 2019
2 recorded transactions
Zoning & alternative use
M1 · Cumming, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.6M
+4.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,555,000
6.5%
$3,280,000
7%
$3,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,455,000
Current use
INDUSTRIAL (GENERAL)
$4,645,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±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
$101 / 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
$28,032
Tax year 2024
Assessed value
$1,143,130
Assessed 2024
Previous assessed
$949,992
+20.3% YoY
Effective rate
2.45%
On assessed value
Assessed land
$292,992
Assessed improvement
$850,138
Land market value
$732,480
Improvement market value
$2,125,345
Total market value
$2,857,825
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Bathrooms
1
Total area
29,062 SF
Lot
6.54 ac (284,882 SF)
Zoning code
M1
APN
131 058
UPID
US22-1707757
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
WAREHOUSE, STORAGE Current
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
1
Lot
6.54 ac
Current owner
From public records · entity-resolved
Alvord Green Investments LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2405 OAK ST W, CUMMING, GA 30041-6456
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2019
—
Alvord Green Investments LLC
Green,w Keith
Quit Claim Deed
related
—
Jul 22, 2019
—
W Keith Green
Alvord & Green Investments
Quit Claim Deed
related
—
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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