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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Manufacturing properties
2920 Waterworks Rd Buford, GA 30518-1456
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0294723
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Total area
22,422 SF
Lot
3 ac (130,680 SF)
Zoning code
M-I
APN
07-328 -004-004
UPID
US22-0294723
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
-
Electrical Supplies Unlimited (Eckart Supply) Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.40M
CAP Approach
CAP
$2.07M
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$3.40M
Owner & transaction history
Mpcc LLC · 1 yrs held
Mpcc LLC
since 2024
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
M-I · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE VI
Top alternative use upside
Auto repair, garage
$4.7M
+50.8%
Medical building
$4.5M
+43.5%
Office building
$3.6M
+15.6%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$3,400,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
$2,240,000
6.5%
$2,065,000
7%
$1,920,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,110,000
Current use
AUTO REPAIR, GARAGE
$4,685,000
Change: +51% · Conversion: Easy
MEDICAL BUILDING
$4,460,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$3,595,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,530,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,475,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.40M (Sep 11 2024)
Last sale anchor
$3.40M
Sep 11 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
$152 / 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
$14,665
Tax year 2024
Assessed value
$699,840
Assessed 2024
Previous assessed
$648,920
+7.8% YoY
Effective rate
2.10%
On assessed value
Assessed land
$182,920
Assessed improvement
$516,920
Land market value
$457,300
Improvement market value
$1,292,300
Total market value
$1,749,600
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Heating
YES
Total area
22,422 SF
Lot
3 ac (130,680 SF)
Zoning code
M-I
APN
07-328 -004-004
UPID
US22-0294723
Jurisdiction
HALL
Zoning & alternative use
M-I · Buford, GAZoning M-I · permitted uses
M-I · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE VI
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Heating
YES
Lot
3 ac
Current owner
From public records · entity-resolved
Mpcc LLC
Entity
Mailing address
2920 S WATERWORKS RD, BUFORD, GA 30518-1456
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
—
Mpcc LLC
Henry A Maxwell
Warranty Deed
—
Sep 11, 2024
$3,400,000
Barr & Hoffmann Georgia Property Ll
Mpcc LLC
Warranty Deed
—
Feb 20, 2024
$1,850,000
Mpcc LLC
Donald R Thomas
Warranty Deed
$1,665,000 · Pinnacle Bank
Mar 6, 2020
—
Donald R Thomas
—
Deed
related
$1,800,000 · United Cmnty Bk
Aug 1, 2019
—
Donald R Thomas
—
Deed
related
$300,000 · United Cmnty Bk
Sep 13, 2018
—
Donald R Thomas
—
Deed
related
$750,000 · United Cmnty Bk
—
—
Thomas,donald R
—
Loan Modification
related
$750,000 · United Cmnty Bk
—
—
Donald R|maxwell Henry A Thomas JR.
—
Loan Modification
related
$750,000 · United Cmnty Bk
—
—
Donald R Thomas
—
Deed Of Trust
related
$750,000 · United Community Bank
—
—
Donald R Thomas
—
Deed Of Trust
related
$300,000 · United Cmnty Bk
—
—
Donald R Thomas
—
Loan Modification
related
$750,000 · United Cmnty Bk
—
—
Donald R Thomas
—
Deed Of Trust
related
$750,000 · United Community Bank
—
—
Donald R Thomas
—
Loan Modification
related
$1,800,000 · United Cmnty Bk
—
—
Donald R Thomas
—
Loan Modification
related
$750,000 · United Cmnty 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.
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