Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,505,000
Distribution centers
2500 Pt Pkwy Lithia Springs, GA 30122-3828
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2659792
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Construction
CONCRETE
Total area
44,940 SF
Lot
38.95 ac (1,696,662 SF)
Zoning code
LI
APN
0175-01-5- -00042
UPID
US22-2659792
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.51M
Owner & transaction history
Old Dominion Freight Line INC · 19 yrs held
Old Dominion Freight Line INC
since 2006
2 recorded transactions
Zoning & alternative use
LI · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.5M
+36.6%
Neighborhood: shopping center
$5.2M
+28.4%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,050,000
Current use
AUTO REPAIR, GARAGE
$5,530,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,200,000
Change: +28% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,015,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$3.51M
Range $3.15M – $3.86M · ±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
$78 / 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
$67,520
Tax year 2024
Assessed value
$2,146,000
Assessed 2024
Previous assessed
$2,614,000
-17.9% YoY
Effective rate
3.15%
On assessed value
Assessed land
$934,800
Assessed improvement
$1,211,200
Land market value
$2,337,000
Improvement market value
$3,028,000
Total market value
$5,365,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
44,940 SF
Lot
38.95 ac (1,696,662 SF)
Zoning code
LI
APN
0175-01-5- -00042
UPID
US22-2659792
Jurisdiction
DOUGLAS
Zoning & alternative use
LI · Lithia Springs, GAZoning LI · permitted uses
LI · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
38.95 ac
Current owner
From public records · entity-resolved
Old Dominion Freight Line INC
Entity
Free & Clear · 19 yrs held
Mailing address
500 OLD DOMINION WAY, THOMASVILLE, NC 27360-8923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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 22, 2006
$10,711,472
Old Dominion Freight Line INC
Riverside Westpoint 1 LLC
Grant Deed
related
—
Jun 9, 2006
$3,286,960
Riverside Westpoint 1 LLC
Industrial Dev International Ga
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 Pt Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
