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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Distribution centers
31 Walker Dr Dahlonega, GA 30533-1022
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2498042
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1993
Construction
WOOD
Total area
3,688 SF
Lot
0.28 ac (12,197 SF)
Zoning code
1
APN
D08 021
UPID
US22-2498042
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
$535k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Board Of Regents Of The University · 4 yrs held
Board Of Regents Of The University
since 2021
Last sale
$530,000
5 recorded transactions
Zoning & alternative use
1 · Dahlonega, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$570,000
+122.8%
Commercial (general)
$425,000
+66.0%
Retail stores
$375,000
+46.5%
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 Dahlonega submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dahlonega 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
$515,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$450,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$570,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$425,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$375,000
Change: +46% · Conversion: Moderate
MEDICAL BUILDING
$370,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$330,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $530k (Dec 16 2021)
Last sale anchor
$530k
Dec 16 2021
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
$144 / 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
Assessed value
$79,911
Assessed 2024
Previous assessed
$79,911
+0.0% YoY
Assessed land
$22,400
Assessed improvement
$57,511
Land market value
$56,000
Improvement market value
$143,777
Total market value
$199,777
Applied tax rate
2.0000
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
1993
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,688 SF
Lot
0.28 ac (12,197 SF)
Zoning code
1
APN
D08 021
UPID
US22-2498042
Jurisdiction
LUMPKIN
Zoning & alternative use
1 · Dahlonega, GAZoning 1 · permitted uses
1 · Dahlonega, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$425,000
RETAIL STORES
Est. value
$375,000
MEDICAL BUILDING
Est. value
$370,000
AUTO REPAIR, GARAGE
Est. value
$330,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1993
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Board Of Regents Of The University
Individual
Free & Clear · 4 yrs held
Mailing address
270 WASHINGTON ST SW, ATLANTA, GA 30334-9056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$530,000
Board Of Regents Of The University
University Of North Ga Real Estate
Warranty Deed
—
Dec 9, 2021
$530,000
Board Of Regents Of The University
University Of North Ga Real Estate
Warranty Deed
—
Mar 31, 2016
$440,000
Dahlonega Electric Supply LLC
Graham,dalton & Robin
Grant Deed
—
Jun 7, 2010
$350,000
Dalton Graham
Haight,edward A JR & Gayle M
Warranty Deed
$347,322 · Edward A JR & Gayle M Haight
Jun 3, 2010
$350,000
Dalton Graham
Haight,edward A JR
Grant 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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