Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$440,000
Warehouses
424 Garrett St Carrollton, GA 30117-3957
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2029145
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.37 ac (16,117 SF)
Zoning code
M1
APN
C06-007-0001
UPID
US22-2029145
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
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$440k
Owner & transaction history
Forza Carrollton Partners LLC · 3 yrs held
Forza Carrollton Partners LLC
since 2022
Last sale
$300,000
5 recorded transactions
Zoning & alternative use
M1 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$440,000
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$440k
Range $396k – $484k · ±10% · vs last sale $300k (Nov 29 2022)
Last sale anchor
$300k
Nov 29 2022
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
$88 / 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
$3,291
Tax year 2023
Assessed value
$85,528
Assessed 2023
Previous assessed
$85,528
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$3,700
Assessed improvement
$81,828
Land market value
$9,250
Improvement market value
$204,569
Total market value
$213,819
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Total area
5,000 SF
Lot
0.37 ac (16,117 SF)
Zoning code
M1
APN
C06-007-0001
UPID
US22-2029145
Jurisdiction
CARROLL
Zoning & alternative use
M1 · Carrollton, GAZoning M1 · permitted uses
M1 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Lot
0.37 ac
Current owner
From public records · entity-resolved
Forza Carrollton Partners LLC
Entity
Mailing address
665 HWY 74TH S STE #100, PEACHTREE CITY, GA 30269-3031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
$300,000
Forza Carrollton Partners LLC
Forza Grp INC
Warranty Deed
$352,000 · United Community Bank
Aug 25, 2022
$300,000
Forza Grp INC
Sam E Thomas LLC
Limited Warranty Deed
—
Jun 12, 2020
$1,000
Nisha M Anand
Sam E Thomas LLC
Grant Deed
related
—
Aug 28, 2007
$160,000
Sam E Thomas LLC
Morris,john R
Grant Deed
—
Aug 24, 2006
$675,000
John R Morris
Acme Self Storage LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 424 Garrett St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
