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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Automotive properties
2850 Ga Hwy 85th E Manchester, GA 31816-5952
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2131547
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1970
Construction
STEEL FRAME
Total area
23,520 SF
Lot
12.89 ac (561,488 SF)
Zoning code
1
APN
159 - -038
UPID
US22-2131547
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.14M
Owner & transaction history
Eric Todd Bussard · 1 yrs held
Eric Todd Bussard
since 2024
7 recorded transactions
Zoning & alternative use
1 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,750,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$48 / 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
$8,487
Tax year 2023
Assessed value
$245,896
Assessed 2023
Previous assessed
$245,896
+0.0% YoY
Effective rate
3.45%
On assessed value
Assessed land
$71,120
Assessed improvement
$174,776
Land market value
$177,800
Improvement market value
$436,940
Total market value
$614,740
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Total area
23,520 SF
Lot
12.89 ac (561,488 SF)
Zoning code
1
APN
159 - -038
UPID
US22-2131547
Jurisdiction
MERIWETHER
Zoning & alternative use
1 · Manchester, GA
Zoning 1 · permitted uses
1 · Manchester, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.8M
WAREHOUSE, STORAGE
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
1970
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
3
Lot
12.89 ac
Current owner
From public records · entity-resolved
Eric Todd Bussard
Individual
Mailing address
105 MIDDLETON DR, PEACHTREE CITY, GA
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
$585,000
Eric Todd Bussard
Manchester Truck Lot LLC
Warranty Deed
—
Aug 6, 2024
—
Bussard Holdings LLC
Eric Todd Bussard
Warranty Deed
—
Aug 29, 2023
—
Manchester Truck Lot LLC
Sheree Carreker
Limited Warranty Deed
—
Jun 1, 2022
$60,000
Richard J Smith
Manchester Truck Lot LLC
Warranty Deed
$50,000 · Zacks Properties
Mar 28, 2022
$225,000
Sheree Carreker
Zacks Properties INC
Limited Warranty Deed
—
Dec 17, 2021
—
Manchester Truck Lot LLC
Zacks Properties INC
Warranty Deed
—
Apr 16, 2021
$301,500
Zacks Properties INC
Langdale Automotive Of Manchester
Grant Deed
—
Apr 5, 2013
—
Langdale Automotive Of Manches
Sledge Enterprises INC
Grant Deed
related
—
Sep 12, 2008
$1,500,000
Sledge Enterprises INC
Langdale Automotive Of Man
Grant Deed
$1,500,000 · Langdale Automotive Of Manchester INC
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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