Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Warehouses
2550 Westmoreland Rd Cleveland, GA 30528
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-2814696
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
FRAME
Total area
12,100 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
049 077A
UPID
US22-2814696
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
-
Agra-Med International, Llc Chemical Plant
-
Wingo Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$815k
Owner & transaction history
Wingo INC · 5 yrs held
Wingo INC
since 2020
7 recorded transactions
Zoning & alternative use
C1 · Cleveland, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+36.9%
Restaurant
$1.3M
+36.5%
Industrial (general)
$980,000
+0.4%
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$975,000
Current use
AUTO REPAIR, GARAGE
$1,335,000
Change: +37% · Conversion: Easy
RESTAURANT
$1,330,000
Change: +37% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$980,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$67 / 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
$7,166
Tax year 2024
Assessed value
$344,000
Assessed 2024
Previous assessed
$338,624
+1.6% YoY
Effective rate
2.08%
On assessed value
Assessed land
$15,500
Assessed improvement
$328,500
Land market value
$38,750
Improvement market value
$821,250
Total market value
$860,000
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
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
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
12,100 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
049 077A
UPID
US22-2814696
Jurisdiction
WHITE
Zoning & alternative use
C1 · Cleveland, GA
Zoning C1 · permitted uses
C1 · Cleveland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$980,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
3
Lot
1.38 ac
Current owner
From public records · entity-resolved
Wingo INC
Entity
Mailing address
PO BOX 3320, CLEVELAND, GA 30528-0058
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2020
—
Wingo INC
—
Deed
related
$1,445,000 · South St Bk
Dec 19, 2019
—
Wingo INC
—
Deed
related
$695,000 · South St Bk
Dec 21, 2018
—
Wingo INC
—
Deed
related
$695,000 · South St Bk
Nov 8, 2017
—
Wingo INC
—
Deed
related
$200,000 · Wells Fargo Bank NA
Jul 27, 2017
—
Wingo INC
—
Deed
related
$497,311 · Wells Fargo Bank NA
—
—
Wingo INC
—
Deed Of Trust
related
$695,000 · South St Bk
—
—
Wingo INC
—
Deed Of Trust
related
$824,452 · Branch Banking & Trust Co
—
—
Wingo INC
—
Loan Modification
related
$695,000 · South St Bk
—
—
Wingo INC
—
Loan Modification
related
$1,445,000 · South St 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
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 2550 Westmoreland Rd?
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.
