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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Warehouses
4418 Hwy 42 Locust Grove, GA 30248
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4727398
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
7,288 SF
Lot
0.85 ac (36,982 SF)
Zoning code
C1
APN
129-01006000
UPID
US22-4727398
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
$1.19M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$1.18M
Owner & transaction history
Malachite 4418 Ga 42 LLC · 3 yrs held
Malachite 4418 Ga 42 LLC
since 2022
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
C1 · Locust Grove, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+142.5%
Retail stores
$1.5M
+135.9%
Commercial (general)
$1.2M
+97.9%
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 Locust Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Locust Grove 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
$1,090,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,505,000
Change: +142% · Conversion: Easy
RETAIL STORES
$1,460,000
Change: +136% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,225,000
Change: +98% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Change: +88% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $1.23M (Aug 31 2022)
Last sale anchor
$1.23M
Aug 31 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
$162 / 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
$10,360
Tax year 2024
Assessed value
$286,600
Assessed 2024
Previous assessed
$286,600
+0.0% YoY
Effective rate
3.61%
On assessed value
Assessed land
$37,000
Assessed improvement
$249,600
Land market value
$92,500
Improvement market value
$624,000
Total market value
$716,500
Applied tax rate
5.0000
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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Rooms
8
Bathrooms
1
Total area
7,288 SF
Lot
0.85 ac (36,982 SF)
Zoning code
C1
APN
129-01006000
UPID
US22-4727398
Jurisdiction
HENRY
Zoning & alternative use
C1 · Locust Grove, GA
Zoning C1 · permitted uses
C1 · Locust Grove, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Locust Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
8
Bathrooms
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Malachite 4418 Ga 42 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
250 VESEY ST FL, NEW YORK, NY 10281
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
Aug 31, 2022
$1,231,584
Malachite 4418 Ga 42 LLC
10fss 4418 Hwy 42 Locust Grove Ga L
Warranty Deed
—
Jan 22, 2021
—
10fss 679 England Chapel Rd Je 10fss 1930 Hwy 42 S
—
Deed
related
$5,070,000 · First Carolina Bk
Dec 21, 2020
—
10fss 4418 Hwy 42 Locust Grove
Zacks Properties INC
Quit Claim Deed
related
—
Dec 21, 2020
$998,500
10fss 4418 Hwy 42 Locust Grove
Zacks Properties INC
Grant Deed
—
—
—
10fss 679 England Chapel Rd Je 10fss 1930 Hwy 42 S
—
Deed Of Trust
related
$5,070,000 · First Carolina 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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