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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
3271 Sheep Wallow Rd Dahlonega, GA 30533-5111
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2267789
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Construction
WOOD
Total area
6,636 SF
Lot
10.22 ac (445,183 SF)
Zoning code
AP
APN
011 018
UPID
US22-2267789
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
-
Pike Nurseries Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$575k
Owner & transaction history
Levi Kytle Smith · 3 yrs held
Levi Kytle Smith
since 2023
5 recorded transactions
Zoning & alternative use
AP · Dahlonega, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$785,000
+70.5%
Commercial (general)
$765,000
+66.0%
Retail stores
$675,000
+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
by Request
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$460,000
Current use
RESTAURANT
$785,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +46% · Conversion: Moderate
MEDICAL BUILDING
$660,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$595,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$87 / 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
$5,743
Tax year 2024
Assessed value
$244,176
Assessed 2024
Previous assessed
$266,201
-8.3% YoY
Effective rate
2.35%
On assessed value
Assessed land
$57,600
Assessed improvement
$186,576
Land market value
$144,000
Improvement market value
$466,441
Total market value
$610,441
Applied tax rate
1.0000
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
1997
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
6,636 SF
Lot
10.22 ac (445,183 SF)
Zoning code
AP
APN
011 018
UPID
US22-2267789
Jurisdiction
LUMPKIN
Zoning & alternative use
AP · Dahlonega, GAZoning AP · permitted uses
AP · 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
WAREHOUSE, STORAGE Current
Est. value
$460,000
RESTAURANT
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$675,000
MEDICAL BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$595,000
WAREHOUSE, STORAGE Current
RESTAURANT
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
1997
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
10.22 ac
Current owner
From public records · entity-resolved
Levi Kytle Smith
Individual
Free & Clear · 3 yrs held
Mailing address
4510 MORRISON RD, POWDER SPRINGS, GA 30127-4435
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 2, 2023
$80,000
Levi Kytle Smith
Vanguard Partners LLC
Warranty Deed
—
Jun 14, 2005
—
Simply Color INC
Portofino LLC
Quit Claim Deed
related
—
—
—
Portofino LLC
—
Loan Modification
related
$51,075 · Main Street Bank
—
—
Portofino LLC
—
Loan Modification
related
$164,115 · Main Street Bank
—
—
Portofino LLC
—
Loan Modification
related
$549,632 · Main Street Bank
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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