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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Manufacturing properties
406 Main St, Forest Park, GA 30297-1764
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US22-4434509
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Total area
26,555 SF
Lot
2.28 ac (99,273 SF)
Zoning code
I
APN
13-051A- A-002
UPID
US22-4434509
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
-
Arko Veal Inc Butcher Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.40M
Owner & transaction history
Alex Investment Holdings LLC · 20 yrs held
Alex Investment Holdings LLC
since 2006
7 recorded transactions
Zoning & alternative use
I · Forest Park, 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$1.40M
Range $1.26M – $1.53M · ±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
$53 / 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
$21,080
Tax year 2024
Assessed value
$604,600
Assessed 2024
Previous assessed
$523,320
+15.5% YoY
Effective rate
3.49%
On assessed value
Assessed land
$50,160
Assessed improvement
$554,440
Land market value
$125,400
Improvement market value
$1,386,100
Total market value
$1,511,500
Applied tax rate
3.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Heating
NONE
Total area
26,555 SF
Lot
2.28 ac (99,273 SF)
Zoning code
I
APN
13-051A- A-002
UPID
US22-4434509
Jurisdiction
CLAYTON
Zoning & alternative use
I · Forest Park, GA
Zoning I · permitted uses
I · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Lot
2.28 ac
Current owner
From public records · entity-resolved
Alex Investment Holdings LLC
Entity
Mailing address
PO BOX 1281, FOREST PARK, GA 30298-1281
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2020
—
Alex Investment Holdings LLC
—
Deed
related
$1,116,547 · Truist Bk
Jul 18, 2018
—
Alex Investment Holdings LLC
—
Deed
related
$1,155,000 · Suntrust Bank
Jun 7, 2006
—
Alex Investment Holdings LLC
Miretsky,arkhady A
Grant Deed
related
—
Apr 12, 2005
—
Alex Investment Holdings LLC
Miretsky,arkhady A
Quit Claim Deed
related
—
Apr 20, 2004
$775,000
Miretsky,arkhady A
Southeastern Mills INC
Grant Deed
$655,000 · Bank Of America California NA
—
—
Alex Investment Holdings LLC
—
Deed Of Trust
related
$150,000 · Charles Waken
—
—
Alex Investment Holdings LLC
—
Deed Of Trust
related
$1,387,500 · Lehman Brothers Bank Fsb
—
—
Alex Investment Holdings LLC
—
Deed Of Trust
related
$150,000 · Waken Charles
—
—
Alex Investment Holdings LLC
—
Loan Modification
related
$1,116,547 · Truist Bk
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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