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Property profile & analytics
OFF-MARKET
Estimated value
$21,380,000
Warehouses
2475 Ml Ctr Pkwy Buford, GA 30518-8830
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3659938
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2015
Total area
193,112 SF
Lot
13.11 ac (571,072 SF)
Zoning code
C1-NBHD BUSINESS
APN
R7262 063
UPID
US22-3659938
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
-
Doosan Industrial Vehicle America Corp. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.81M
Comparable Approach
Comparable
$24.54M
Blend (final)
Blend
$21.38M
Owner & transaction history
2475 Mill Center Parkway LLC · 3 yrs held
2475 Mill Center Parkway LLC
since 2022
Last sale
$19.0M
2 recorded transactions
Zoning & alternative use
C1-NBHD BUSINESS · Buford, 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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$22,565,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,625,000
6.5%
$21,810,000
7%
$20,250,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$30,415,000
Current use
Blend value · Realmo final
$21.38M
Range $19.24M – $23.52M · ±10% · vs last sale $19.00M (Dec 28 2022)
Last sale anchor
$19.00M
Dec 28 2022
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
$111 / 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
$88,425
Tax year 2024
Assessed value
$8,173,800
Assessed 2024
Previous assessed
$6,162,000
+32.6% YoY
Effective rate
1.08%
On assessed value
Assessed land
$930,640
Assessed improvement
$7,243,160
Land market value
$2,326,600
Improvement market value
$18,107,900
Total market value
$20,434,500
Applied tax rate
2.0000
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
NONE
Stories
1
Total area
193,112 SF
Lot
13.11 ac (571,072 SF)
Zoning code
C1-NBHD BUSINESS
APN
R7262 063
UPID
US22-3659938
Jurisdiction
GWINNETT
Zoning & alternative use
C1-NBHD BUSINESS · Buford, GA
Zoning C1-NBHD BUSINESS · permitted uses
C1-NBHD BUSINESS · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$30.4M
WAREHOUSE, STORAGE Current
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
2015
Heating
NONE
Cooling
Yes
Stories
1
Lot
13.11 ac
Current owner
From public records · entity-resolved
2475 Mill Center Parkway LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2323 VICTORY AVE #1500, DALLAS, TX 75219-7657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 28, 2022
$19,000,000
2475 Mill Center Parkway LLC
Hamilton Mill Business Center C LLC
Warranty Deed
—
Nov 26, 2014
$4,693,100
Hamilton Mill Business Center
Industrial Dev International L
Grant Deed
$6,097,209 · Suntrust Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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