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Property profile & analytics
FOR SALE
Warehouses
2781 Monroe Hwy Bogart, GA 30622
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1706685
For Sale
1 / 15
$849,000
2781 Monroe Hwy, Bogart, GA 30622
View Listing →
Property summary
AI-generated overview
This exceptional 1.467-acre commercial parcel in Bogart, Georgia, offers significant development potential. Located on heavily trafficked US Highway 78 (Monroe Highway), boasting 238 feet of frontage and an additional 167 feet on Ruth Jackson Road, this property sees 23,000 vehicles daily. Zoned B-2 Highway Business District, it's ideally suited for office or retail development. Its convenient location, just one mile from Georgia State Route 316 (providing easy access to Atlanta), and a short drive to Athens and Watkinsville, makes it highly desirable. Previously improved, the site is now cleared and ready for construction. The property's ample size allows for the potential inclusion of a deceleration lane, enhancing accessibility and safety. The APN is B 02 041
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,380 SF
Lot
0.69 ac (30,056 SF)
Zoning code
B-2
APN
B-02-041
UPID
US22-1706685
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
by Request
Owner & transaction history
Mulberry Property Investments LLC · 2 yrs held
Mulberry Property Investments LLC
since 2023
Last sale
$250,000
1 recorded transaction
Zoning & alternative use
B-2 · Bogart, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
19.24 ac
Source
Realmo
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 Bogart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bogart 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,869
Tax year 2024
Assessed value
$116,373
Assessed 2024
Previous assessed
$63,891
+82.1% YoY
Effective rate
1.61%
On assessed value
Assessed land
$48,600
Assessed improvement
$67,773
Land market value
$121,500
Improvement market value
$169,433
Total market value
$290,933
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
3,380 SF
Lot
0.69 ac (30,056 SF)
Zoning code
B-2
APN
B-02-041
UPID
US22-1706685
Jurisdiction
OCONEE
Zoning & alternative use
B-2 · Bogart, GAZoning B-2 · permitted uses
B-2 · Bogart, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
19.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Mulberry Property Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1141 MILLSTONE RUN, WATKINSVILLE, GA 30677-6946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
$250,000
Mulberry Property Investments LLC
Robert W Lindsey
Warranty 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.
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