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    2468 Gunn Rd Byron, GA 31008-6513
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    Property profile & analytics

    2468 Gunn Rd, Byron, GA 31008-6513

    View on Map
    • Manufacturing properties
    • 8,047 SF
    • 3.38 lot acres
    Off-Market
    Last Sale Dec 20, 2023
    $580,000
    Property ID
    US22-3746963
    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.
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2468 Gunn Rd

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    3.38 lot acres
    Zone code
    C-2
    Property type
    Manufacturing properties
    APN
    053D 081
    APU
    053D081

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 20, 2023 $580,000 Gottwals Properties LLC Keadle Equipment Company LLC Warranty Deed —
    Feb 10, 2022 — Keadle Equipment Co LLC Kenneth T Keadle Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $515,000
      ML approach
      $585,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $493,000
      Market price range: $164k - $668k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $385,000
      Current use
      RESTAURANT
      $935,000
      Change: +142% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $920,000
      Change: +138% Conversion: Difficult
      RETAIL STORES
      $720,000
      Change: +86% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $590,000
      Change: +53% Conversion: Easy
      WAREHOUSE, STORAGE
      $460,000
      Change: +19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Byron
    County
    Peach
    State
    Georgia
    Longitude
    -83.735
    Latitude
    32.618
    CBSA code
    47580
    CBSA name
    WARNER ROBINS, 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
    2023
    $4,905
    $40,560
    $141,640
    $182,200
    -
    $101,400
    $354,100
    $455,500

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      Hwy 49

      MANUFACTURING (LIGHT)
      Hwy 49, Byron, GA 31008
      View Details
    • Value Estimation by Request
      2,750 SF

      2094 Ga Hwy 49th N

      MANUFACTURING (LIGHT)
      2094 Ga Hwy 49th N, Byron, GA 31008-4335
      View Details
    • Value Estimation
      $930,000
      44,000 SF

      224 Ga Hwy 49th S

      MANUFACTURING (LIGHT)
      224 Ga Hwy 49th S, Byron, GA 31008-6937
      View Details
    • Value Estimation by Request
      1,920 SF

      4199 Housers Ml Rd

      MANUFACTURING (LIGHT)
      4199 Housers Ml Rd, Byron, GA 31008-5741
      View Details
    • Value Estimation
      $1,445,000
      43,071 SF

      232 Hwy 49

      MANUFACTURING (LIGHT)
      232 Hwy 49, Byron, GA 31008
      View Details
    • Value Estimation by Request
      3,200 SF

      132 Gralan Dr

      MANUFACTURING (LIGHT)
      132 Gralan Dr, Byron, GA 31008-6345
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available For Sale

      Land available for sale at $70,000 per acre.
      Housers Mill Rd, Byron, GA 31008
      View Details
    • Contact for pricing

      Prime Commercial Land For Sale

      1.15 AC site ready for development on Highway 49.
      507 Ga Highway 49 N, Byron, GA 31008
      View Details
    • $4,307,500

      Commercial Development Tract in Byron

      17.23 acre commercial development tract for sale in Byron, GA.
      17.23 Acres Hwy 247 & Gunn Rd, Byron, GA 31008
      View Details
    • $462,000

      Development Tract in Peach County

      21+/- acre development tract with sewer access in Byron, GA.
      21+/- Acres Barker Rd, Byron, GA 31008
      View Details
    • Contact for pricing

      43.5 Acre Parcel Near I-75

      43.5 acre parcel with visibility from I-75.
      Housers Mill Rd, Byron, GA 31008
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      2,500 SF

      Byron Retail Opportunity

      Highway 49 Endcap with Drive-Thru
      507 Hwy 49, Byron, GA 31008
      View Details
    • Contact for pricing

      Publix Anchored Shopping Center

      80,675 SF shopping center in Warner Robins, Georgia.
      6015 Watson Blvd, Byron, GA 31008
      View Details
    • $1,200 /Mo
      16,500 SF

      Peach Crossing Retail Space

      Retail space available in high-traffic Peach Crossing Shopping Center.
      212 Hwy 49 N, Byron, GA 31008
      View Details
    • Contact for pricing
      2,436 SF

      Retail Space with Interstate Visibility

      Retail space with high visibility and accessibility in Byron, GA.
      311 Hwy 49 N, Byron, GA 31008
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Warner Robins

      1,400 SF retail space in Publix-anchored shopping center.
      6015 Watson Blvd, Byron, GA 31008
      View Details
    • Contact for pricing

      Retail Space in Byron, Georgia

      Retail space available in community shopping center with highway visibility.
      311 Ga-49, Byron, GA 31008
      View Details
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    Byron, GA 31008-6513
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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