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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office buildings
474 Speedway Blvd Hampton, GA 30228-1803
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-1653814
Property summary
AI-generated overview
This exceptional 11,200-square-foot hangar is situated at the highly sought-after Hampton airport, directly adjacent to the Atlanta Motor Speedway in Henry County, Georgia (zip code 30228). The property boasts a strategic location, benefiting from increased traffic anticipated with the future development of a nearby casino. The hangar features two 70'4" wide doors with a 20'31" clear height, spaced 10' apart. Ample ramp space of 5,000 square feet is included. The hangar building itself measures 160' wide by 70' deep. A two-story office component (80'W x 16'D) provides 800 square feet of office space, including two restrooms (one downstairs, 8'W x 9'D). The airport runway (06/24) currently measures 5,509' x 100', with planned expansion to 6,259' in 2027. This presents a unique investment opportunity in a rapidly developing area. This special purpose property is ideal for aviation businesses seeking a well-located, spacious hangar with convenient office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
STEEL FRAME
Total area
4,667 SF
Lot
587.19 ac (25,577,996 SF)
Zoning code
M1
APN
003-01018000
UPID
US22-1653814
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
-
Tier-1 Helicopters Vocational School Training Center
-
South Atlanta Flight Instruction Vocational School Training Center
-
HCFD Training Training Center
-
Brock Aviation Flight School Vocational School Training Center
-
Clayton County Tarafield County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$790k
Owner & transaction history
HENRY COUNTY GEORGIA
HENRY COUNTY GEORGIA
Zoning & alternative use
M1 · Hampton, 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 Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampton 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%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,105,000
Current use
AUTO REPAIR, GARAGE
$960,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$935,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$169 / 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
$18,282
Tax year 2024
Assessed value
$226,360
Assessed 2024
Previous assessed
$226,360
+0.0% YoY
Effective rate
8.08%
On assessed value
Assessed improvement
$226,360
Improvement market value
$565,900
Total market value
$565,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
6
Stories
1
Units
1
Rooms
8
Bathrooms
5
Total area
4,667 SF
Lot
587.19 ac (25,577,996 SF)
Zoning code
M1
APN
003-01018000
UPID
US22-1653814
Jurisdiction
HENRY
Zoning & alternative use
M1 · Hampton, GA
Zoning M1 · permitted uses
M1 · Hampton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$960,000
RETAIL STORES
Est. value
$935,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Units
1
Rooms
8
Bathrooms
5
Lot
587.19 ac
Current owner
From public records · entity-resolved
HENRY COUNTY GEORGIA
Individual
Free & Clear · 0 yrs held
Mailing address
140 HENRY PKWY, MCDONOUGH, GA 30253-6696
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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