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Property profile & analytics
FOR LEASE
Distribution centers
3000 South Corporate Pkwy Forest Park, GA 30297
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4691029
For Lease
$10,835,000
3000 South Corporate Pkwy, Forest Park, GA 30297
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Total area
199,648 SF
Lot
12.76 ac (556,000 SF)
Zoning code
I
APN
13-045B- A-023
UPID
US22-4691029
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
-
RIM logistics, ltd. Logistics Company Freight Service
-
FedEx Drop Box Postal Service Courier Service
-
TNT Parts Auto Parts Store
-
STG Logistics Warehouse & Storage
-
Culmin Staffing Group, Inc. Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.54M
Blend (final)
Blend
$10.84M
Owner & transaction history
Np Atlanta Infill Indl LLC · 8 yrs held
Np Atlanta Infill Indl LLC
since 2017
7 recorded transactions
Zoning & alternative use
I · Forest Park, 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.84M
Range $9.75M – $11.92M · ±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
$54 / 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
$130,066
Tax year 2024
Assessed value
$3,730,440
Assessed 2024
Previous assessed
$3,809,200
-2.1% YoY
Effective rate
3.49%
On assessed value
Assessed land
$510,560
Assessed improvement
$3,219,880
Land market value
$1,276,400
Improvement market value
$8,049,700
Total market value
$9,326,100
Applied tax rate
3.0000
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
For Lease
Year built
2005
Heating
NONE
Total area
199,648 SF
Lot
12.76 ac (556,000 SF)
Zoning code
I
APN
13-045B- A-023
UPID
US22-4691029
Jurisdiction
CLAYTON
Zoning & alternative use
I · Forest Park, GA
Zoning I · permitted uses
I · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
12.76 ac
Current owner
From public records · entity-resolved
Np Atlanta Infill Indl LLC
Entity
Mailing address
WORLD TRADE CTR E 2ND SEAPORT LN LANE, BOSTON, MA 02210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jul 28, 2017
$15,750,000
Np Atlanta Infill Indl LLC
Crp-2 Southpoint LLC
Grant Deed
—
Jan 9, 2015
—
Crp-2 Southpoint LLC
—
Loan Modification
related
$107,323,000 · Wells Fargo #2007-cibc20 (ce)
Apr 26, 2007
$11,450,000
Crp 2 Southpoint LLC
Principal,life Insurance C
Grant Deed
—
—
—
Crp-2 Southpoint LLC
—
Deed Of Trust
related
$113,600,000 · A10 Cap
—
—
John Bryce Homes LLP
—
Deed Of Trust
related
$114,750 · American Trust Bank
—
—
John Bryce Homes LLP
—
Deed Of Trust
related
$123,000 · American Trust Bank
—
—
Crp 2 Southpoint LLC
—
Deed Of Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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