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Property profile & analytics
OFF-MARKET
Warehouses
3118 Sylvan Rd Hapeville, GA 30354-1022
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0688902
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Total area
105,256 SF
Lot
1.39 ac (60,461 SF)
Zoning code
C2
APN
14 009900041205
UPID
US22-0688902
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
Ck Spacemax Hapeville LLC · 10 yrs held
Ck Spacemax Hapeville LLC
since 2015
Last sale
$19.5M
6 recorded transactions
Zoning & alternative use
C2 · Hapeville, 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 Hapeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hapeville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$72,718
Tax year 2023
Assessed value
$2,576,280
Assessed 2024
Previous assessed
$2,576,280
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$192,760
Assessed improvement
$2,383,520
Land market value
$481,900
Improvement market value
$5,958,800
Total market value
$6,440,700
Applied tax rate
30.0000
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
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Stories
1
Units
641
Total area
105,256 SF
Lot
1.39 ac (60,461 SF)
Zoning code
C2
APN
14 009900041205
UPID
US22-0688902
Jurisdiction
FULTON
Zoning & alternative use
C2 · Hapeville, GA
Zoning C2 · permitted uses
C2 · Hapeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hapeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
YES
Cooling
Yes
Stories
1
Units
641
Lot
1.39 ac
Current owner
From public records · entity-resolved
Ck Spacemax Hapeville LLC
Entity
Mailing address
300 GALLERIA PKWY SE STE #200, ATLANTA, GA 30339-3149
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2015
$800,000
Ck Spacemax Hapeville LLC
Watermark Capital Partners LLC
Warranty Deed
—
Nov 3, 2015
—
Watermark Capital Partners LLC
Universal Cap
Deed In Lieu Of Foreclosure
related
—
Jul 31, 2007
$1,600,000
Universal Capital LLC
Airport
Grant Deed
related
$1,700,000 · Creekside Bk
Jul 25, 2007
$1,600,000
Universal Capital LLC
Airport,lp
Grant Deed
related
—
—
—
Ck Spacemax Hapeville LLC
—
Deed Of Trust
related
$42,000,000 · Miscellaneous Ins Co
—
—
Universal Capital LLC
—
Deed Of Trust
related
$2,150,000 · Georgia Primary 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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