Entity Owned 
For Lease
$53,580,000
405 King Mill Rd, McDonough, GA 30252
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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
Current use
Occupant on record · Public records
-
Warehouse & Storage
-
Warehouse & Storage
Location
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
since 2018
7 recorded transactions
Zoning & alternative use
M2 · Mcdonough, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$53.58M
Value range
$48.22M – $58.94M
±10% around blend
Estimated value / SF
$34 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$48.22M
blend $53.58M
$58.94M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,569,644 SF
Lot area
84.31 ac
Year built
2018
APN
109-01010000
Zoning
M2
Assessed value
$28,828,400
Annual tax
$1,167,305
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$53.39M
Range $8.92M – $124.38M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$53.58M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 54 sales
$99
-66%
County 99 sales
$85
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $34/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$28.83M
Move the market yield to see immediate price impact.
Value / SF
$18
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.82M
$36.32M
$25.95M
$20.18M
$2.02M
$40.36M
$28.83M
$22.42M
$2.22M
$44.40M
$31.71M
$24.66M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, GAZoning M2 · permitted uses
M2 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
5
Lot
84.31 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M2
Jurisdiction
Mcdonough, GA
Recorded code
M2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M2 in Mcdonough, GA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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