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Property profile & analytics
OFF-MARKET
Estimated value
$3,020,000
Warehouses
360 Commerce Blvd Athens, GA 30606-0824
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1202408
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
24,960 SF
Lot
2.92 ac (127,195 SF)
Zoning code
E-I
APN
07-3- -074
UPID
US22-1202408
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
$2.76M
CAP Approach
CAP
$3.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.02M
Owner & transaction history
Hanna Construction Co LLC · 2 yrs held
Hanna Construction Co LLC
since 2023
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
E-I · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.6M
+75.0%
Commercial (general)
$4.0M
+52.4%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$2,705,000
ML approach
$2,760,000
CAP Approach
CAP Return
Estimation
6%
$3,575,000
6.5%
$3,300,000
7%
$3,065,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,630,000
Current use
AUTO REPAIR, GARAGE
$4,600,000
Change: +75% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,010,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$3.02M
Range $2.72M – $3.32M · ±10% · vs last sale $3.17M (Oct 5 2023)
Last sale anchor
$3.17M
Oct 5 2023
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
$121 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,987
Tax year 2023
Assessed value
$511,576
Assessed 2023
Previous assessed
$511,575
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$126,494
Assessed improvement
$385,081
Land market value
$316,236
Improvement market value
$962,703
Total market value
$1,278,939
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
1982
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Total area
24,960 SF
Lot
2.92 ac (127,195 SF)
Zoning code
E-I
APN
07-3- -074
UPID
US22-1202408
Jurisdiction
CLARKE
Zoning & alternative use
E-I · Athens, GA
Zoning E-I · permitted uses
E-I · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1982
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Lot
2.92 ac
Current owner
From public records · entity-resolved
Hanna Construction Co LLC
Entity
Mailing address
360 COMMERCE BLVD, ATHENS, GA 30606-0824
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2023
$3,170,000
Hanna Construction Co LLC
Dekani LLC
Warranty Deed
—
Dec 30, 2020
$1,260,000
Dekani LLC
RT LLC
Grant Deed
$2,050,000 · First American Bk
Jul 25, 2011
$850,000
RT LLC
Adams,cuyler M & Diane A
Grant Deed
related
$431,400 · Afb&t
—
—
RT LLC
—
Deed Of Trust
related
$356,000 · Csra Local Dev Corp
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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