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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Warehouses
365 Gilmer Fry Rd, Ball Ground, GA 30107-3292
Individually Owned
21-yr Hold
Free & Clear
Property ID
US22-2732648
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1945
Construction
STEEL FRAME
Total area
8,520 SF
Lot
2.85 ac (124,146 SF)
Zoning code
CBD
APN
94N04 066
UPID
US22-2732648
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
-
Outdoor Cover Warehouse Golf Cart Dealer Fabric Wholesaler
-
Easy Ride Golf Cars Golf Cart Dealer Yamaha Motorcycle Dealer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$880k
Owner & transaction history
Leland Phillips · 21 yrs held
Leland Phillips
since 2005
1 recorded transaction
Zoning & alternative use
CBD · Ball Ground, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.1M
+20.2%
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 Ball Ground submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ball Ground 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$895,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$905,000
Current use
INDUSTRIAL (GENERAL)
$1,090,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$103 / 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
$10,710
Tax year 2024
Assessed value
$357,880
Assessed 2024
Previous assessed
$353,760
+1.2% YoY
Effective rate
2.99%
On assessed value
Assessed land
$297,920
Assessed improvement
$59,960
Land market value
$744,800
Improvement market value
$149,900
Total market value
$894,700
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1945
Construction
STEEL FRAME
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Bathrooms
1
Total area
8,520 SF
Lot
2.85 ac (124,146 SF)
Zoning code
CBD
APN
94N04 066
UPID
US22-2732648
Jurisdiction
CHEROKEE
Zoning & alternative use
CBD · Ball Ground, GA
Zoning CBD · permitted uses
CBD · Ball Ground, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ball Ground. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$905,000
INDUSTRIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1945
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.85 ac
Current owner
From public records · entity-resolved
Leland Phillips
Individual
Free & Clear · 21 yrs held
Mailing address
365 GILMER FRY RD, BALL GROUND, GA 30107-3292
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2005
$420,000
Leland Phillips
Turner,selma
Warranty 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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