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    Property profile & analytics

    480 Aerodrome Way Griffin, GA 30224-5430

    • Manufacturing properties
    • 17,150 SF
    • 2.32 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    May 29, 2024
    Location Intelligence
    Property ID
    US22-1610986
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lucon Inc / Trailer Manufacturer

    Property Details for 480 Aerodrome Way

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    2.32 lot acres
    Property size
    17,150 SF
    Zone code
    C2
    Property type
    Manufacturing properties
    APN
    235 -04-020-B
    APU
    23504020B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.3115
    Latitude
    33.2143
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,228
    $11,600
    $132,163
    $143,763
    -
    $29,000
    $330,407
    $359,407

    Comparable in this City

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      100 Pne Hl Ct

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      3191 Etheridge Ml Rd

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      91,826 SF

      839 Everee Inn Rd

      MANUFACTURING (LIGHT) • 91,826 SF
      839 Everee Inn Rd, Griffin, GA 30224-4797
      View Details
    • Value Estimation
      $355,000
      16,800 SF

      1104 Everee Inn Rd

      MANUFACTURING (LIGHT) • 16,800 SF
      1104 Everee Inn Rd, Griffin, GA 30224-4720
      View Details

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      Griffin, GA Commercial Outparcel

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    Similar Nearby for Lease

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      Freestanding professional office building near Griffin Hospital, ready to move.
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      Renovated Office Building For Lease

      Furnished, renovated office building with multiple private offices available for lease.
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    • $1,000 /Mo
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      Downtown Griffin Office Space Available

      Lease opportunity: approximately 1000 sq ft in downtown Griffin.
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      View Details
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    480 Aerodrome Way
    Griffin, GA 30224-5430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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