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Property profile & analytics
FOR SALE
Warehouses
318 Modoc Rd Swainsboro, GA 30401
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3397307
For Sale
1 / 7
$990,000
318 Modoc Rd, Swainsboro, GA 30401
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1956
Construction
STEEL FRAME
Total area
34,969 SF
Lot
4.31 ac (187,744 SF)
Zoning code
INDUSTRIAL
APN
S14 017
UPID
US22-3397307
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$750k
Owner & transaction history
On & On LLC · 2 yrs held
On & On LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL · Swainsboro, 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 Swainsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swainsboro 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$945,000
Current use
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jul 2 2024)
Last sale anchor
$750k
Jul 2 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
$21 / 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
$7,374
Tax year 2024
Assessed value
$187,893
Assessed 2024
Previous assessed
$121,166
+55.1% YoY
Effective rate
3.92%
On assessed value
Assessed land
$12,068
Assessed improvement
$175,825
Land market value
$30,170
Improvement market value
$439,563
Total market value
$469,733
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
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
For Sale
Year built
1956
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
34,969 SF
Lot
4.31 ac (187,744 SF)
Zoning code
INDUSTRIAL
APN
S14 017
UPID
US22-3397307
Jurisdiction
EMANUEL
Zoning & alternative use
INDUSTRIAL · Swainsboro, GA
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · Swainsboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Swainsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$945,000
WAREHOUSE, STORAGE Current
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
1956
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.31 ac
Current owner
From public records · entity-resolved
On & On LLC
Entity
Mailing address
318 MODOC RD, SWAINSBORO, GA 30401-3755
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
$750,000
On & On LLC
Modoc Holdings LLC
Warranty Deed
$608,000 · Commonwealth Business Bank
Jun 16, 2023
—
Modoc Holdings LLC
—
Deed
related
$100,000 · Citizens Bank Of Swainsboro
Apr 27, 2023
—
Modoc Holdings LLC
Turf Pals LLC
Warranty Deed
—
Jun 6, 2022
$145,000
Turf Pals LLC
Rita Hayes
Quit Claim Deed
related
—
Dec 1, 2020
$20,950
Rita Hayes
Vista Real Estate Co
Public Action
related
—
Oct 20, 2006
$390,000
Vista Real Estate Co LLC
Spivey Stte Bank
Deed
—
Jul 5, 2006
—
Spivey State Bank
Milco Building Products In
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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