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Property profile & analytics
OFF-MARKET
Estimated value
$9,710,000
Industrial properties
420 Erwin St, Cartersville, GA 30120-3952
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1278191
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1954
Total area
133,865 SF
Lot
5.27 ac (229,561 SF)
Zoning code
M1
APN
C017-0013-002
UPID
US22-1278191
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
by Request
CAP Approach
CAP
$12.55M
Comparable Approach
Comparable
$7.20M
Blend (final)
Blend
$9.71M
Owner & transaction history
Piedmont Re Holdings LLC · 1 yrs held
Piedmont Re Holdings LLC
since 2025
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
M1 · Cartersville, 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 Cartersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cartersville 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%
$13,590,000
6.5%
$12,545,000
7%
$11,650,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,565,000
Current use
Blend value · Realmo final
$9.71M
Range $8.74M – $10.68M · ±10% · vs last sale $9.55M (Dec 13 2024)
Last sale anchor
$9.55M
Dec 13 2024
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
$73 / 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
$50,041
Tax year 2023
Assessed value
$2,059,294
Assessed 2023
Previous assessed
$2,059,294
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,819,294
Land market value
$600,000
Improvement market value
$4,548,234
Total market value
$5,148,234
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1954
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
133,865 SF
Lot
5.27 ac (229,561 SF)
Zoning code
M1
APN
C017-0013-002
UPID
US22-1278191
Jurisdiction
BARTOW
Zoning & alternative use
M1 · Cartersville, GA
Zoning M1 · permitted uses
M1 · Cartersville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cartersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.6M
INDUSTRIAL (GENERAL) Current
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
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
5.27 ac
Current owner
From public records · entity-resolved
Piedmont Re Holdings LLC
Entity
Mailing address
420 S ERWIN ST, CARTERSVILLE, GA 30120-3952
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
$9,550,000
Piedmont Re Holdings LLC
Piedmont Industrial Holdings LLC
Warranty Deed
—
Nov 15, 2021
—
Piedmont Industrial Holdings L
—
Deed
related
$3,306,500 · Synovus Bank
Oct 16, 2017
—
Piedmont Indl Hldgs LLC
—
Deed
related
$1,548,525 · Citizens First Bk
Dec 4, 2014
$2,350,000
Piedmont Industrial Holdings L
Atr Realty III LLC
Grant Deed
related
$2,030,000 · Citizens First Bk
Mar 5, 2012
$2,350,000
Atr Realty III LLC
Erwin Street Properties LLC
Warranty Deed
$1,997,500 · Regions Bk/fayette
Mar 10, 2009
—
Erwin Street Properties LLC
Erwin Properties LLC
Quit Claim Deed
—
—
—
Piedmont Indl Hldgs LLC
—
Loan Modification
related
$1,548,525 · Citizens First Bk
—
—
Erwin Street Properties LLC
—
Deed Of Trust
related
$1,968,380 · Crescent Bank & Trust Co
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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