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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Distribution centers
2588 Jeremiah Industrial SW Way Conyers, GA 30012-4970
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0443730
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
10,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
M1
APN
010-0-01-0023
UPID
US22-0443730
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
$915k
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$915k
Owner & transaction history
Jm Real Estate Services INC · 2 yrs held
Jm Real Estate Services INC
since 2024
Last sale
$915,000
7 recorded transactions
Zoning & alternative use
M1 · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+45.0%
Auto repair, garage
$1.2M
+25.1%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$915,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$995,000
Current use
OFFICE BUILDING
$1,440,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,245,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $915k (May 24 2024)
Last sale anchor
$915k
May 24 2024
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
$92 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,681
Tax year 2023
Assessed value
$130,840
Assessed 2023
Previous assessed
$130,840
+0.0% YoY
Effective rate
4.34%
On assessed value
Assessed land
$25,640
Assessed improvement
$105,200
Land market value
$64,100
Improvement market value
$263,000
Total market value
$327,100
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
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
10,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
M1
APN
010-0-01-0023
UPID
US22-0443730
Jurisdiction
ROCKDALE
Zoning & alternative use
M1 · Conyers, GA
Zoning M1 · permitted uses
M1 · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$995,000
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Jm Real Estate Services INC
Entity
Mailing address
2588 JEREMIAH INDUSTRIAL WAY SW, CONYERS, GA 30012-4970
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
$915,000
Jm Real Estate Services INC
Lets Go Green INC
Warranty Deed
$732,000 · First Citizens Bank
Nov 1, 2016
$290,000
Lets Go Green INC
Lashley,gary R & Gloria J
Grant Deed
$232,000 · Bank Of America
Jun 3, 2010
$210,000
Gary L Lashley
The Peoples Bank
Grant Deed
—
May 4, 2010
—
The Peoples Bank
Horner,kenneth J
Grant Deed
related
—
Apr 19, 2006
$337,200
Kenneth J Horner
Eec Holding LLC
Grant Deed
—
Apr 19, 2006
—
Kenneth J Horner
Horner,kenneth J
Quit Claim Deed
related
—
Mar 8, 2006
—
Eec Holding LLC
Williamette Valley Co
Grant 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.
Try Rey
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