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Property profile & analytics
FOR LEASE
Distribution centers
405 King Mill Rd McDonough, GA 30252
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-2811283
For Lease
Contact for pricing
405 King Mill Rd, McDonough, GA 30252
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Construction
CONCRETE
Total area
1,569,644 SF
Lot
84.31 ac (3,672,500 SF)
Zoning code
M2
APN
109-01010000
UPID
US22-2811283
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
-
Geodis Warehouse & Storage
-
Nestle Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$53.39M
Blend (final)
Blend
$53.58M
Owner & transaction history
Cpus Lambert Farms LP · 8 yrs held
Cpus Lambert Farms LP
since 2018
7 recorded transactions
Zoning & alternative use
M2 · Mcdonough, 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 McDonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McDonough 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$53.58M
Range $48.22M – $58.94M · ±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
$34 / 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
$1,167,305
Tax year 2024
Assessed value
$28,828,400
Assessed 2024
Previous assessed
$28,828,400
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$2,866,520
Assessed improvement
$25,961,880
Land market value
$7,166,300
Improvement market value
$64,904,700
Total market value
$72,071,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Units
1
Bathrooms
5
Total area
1,569,644 SF
Lot
84.31 ac (3,672,500 SF)
Zoning code
M2
APN
109-01010000
UPID
US22-2811283
Jurisdiction
HENRY
Zoning & alternative use
M2 · Mcdonough, GA
Zoning M2 · permitted uses
M2 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
5
Lot
84.31 ac
Current owner
From public records · entity-resolved
Cpus Lambert Farms LP
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 638, ADDISON, TX 75001-0638
Ownership since
2018
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 9, 2018
$100,000
Cpus Lambert Farms LP
Kmi Building B LLC
Grant Deed
—
Jan 30, 2018
—
Kmi Building B LLC
—
Trustees Deed
related
$1,660,076 · Texas Cap Bk
May 31, 2017
—
Kmi Building B LLC
—
Grant Deed
related
$49,000,000 · Texas Cap Bk
Oct 25, 2016
$8,007,000
Kmi Building B LLC
Kmi Land Holdings LLC
Grant Deed
related
—
Nov 14, 2014
$5,719,700
Kmi Building A LLC
Kmi Land Holdings LLC
Grant Deed
related
$20,851,100 · Texas Cap Bk
Jul 3, 2014
$13,726,700
Kmi Land Holdings LLC
Lambert Family Invs Lllp
Grant Deed
related
—
Nov 1, 1996
—
—
—
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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