Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,230,000
Warehouses
50 M M Way Pendergrass, GA 30567-4650
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2058143
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Total area
64,000 SF
Lot
16.49 ac (718,304 SF)
Zoning code
3
APN
092 002C
UPID
US22-2058143
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
-
MM Systems Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.45M
Blend (final)
Blend
$6.23M
Owner & transaction history
Bmg Value Fund LLC · 1 yrs held
Bmg Value Fund LLC
since 2025
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
3 · Pendergrass, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.1M
+43.6%
Auto repair, garage
$5.7M
+16.5%
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 Pendergrass submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pendergrass 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
$7,115,000
ML approach
$5,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,920,000
Current use
RETAIL STORES
$7,070,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,735,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$6.23M
Range $5.61M – $6.85M · ±10% · vs last sale $5.70M (Aug 25 2023)
Last sale anchor
$5.70M
Aug 25 2023
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
$97 / 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
$77,297
Tax year 2023
Assessed value
$2,404,720
Assessed 2023
Previous assessed
$2,404,720
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$892,520
Assessed improvement
$1,512,200
Land market value
$2,231,300
Improvement market value
$3,780,500
Total market value
$6,011,800
Applied tax rate
3.0000
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
2001
Heating
BASEBOARD
Cooling
EVAPORATIVE
Stories
1
Total area
64,000 SF
Lot
16.49 ac (718,304 SF)
Zoning code
3
APN
092 002C
UPID
US22-2058143
Jurisdiction
JACKSON
Zoning & alternative use
3 · Pendergrass, GAZoning 3 · permitted uses
3 · Pendergrass, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.9M
RETAIL STORES
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$5.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2001
Heating
BASEBOARD
Cooling
Yes
Stories
1
Lot
16.49 ac
Current owner
From public records · entity-resolved
Bmg Value Fund LLC
Entity
Mailing address
50 M M WAY, PENDERGRASS, GA 30567-4650
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$1,105,000
Bmg Value Fund LLC
Richard Bender
Deed
—
Aug 25, 2023
—
Platinum Owner Ga LLC
Kkr Industrial Portfolio Trust 2021
Quit Claim Deed
related
—
Aug 25, 2023
$5,700,000
Tcd 255 Ga Property LLC
Platinum Owner Ga LLC
Warranty Deed
$84,950 · Forethought Life Insurance
Jan 5, 2021
$6,000,000
Platinum Owner Ga LLC
50 M M Way Investors LLC
Grant Deed
related
$695,000,000 · Barclays Cap R/e
Aug 12, 2019
$4,630,000
50 M M Way Investors LLC
Attaway,john M
Grant Deed
—
Aug 12, 2019
—
Michael H Attaway
Building Investment Co LLC
Grant Deed
related
—
Apr 15, 2019
—
Building Investment Co LLC
—
Deed
related
$3,041,546 · Morris Bk
Dec 26, 2018
—
Building Investment Co LLC
—
Trustees Deed
related
$3,529,929 · Morris Bk
Jun 20, 2017
—
Building Investment Co LLC
—
Deed
related
$2,800,000 · Morris Bank
Sep 12, 2016
—
Richard A Bender
—
Deed
related
$833,900 · Wells Fargo Bank NA
Feb 6, 2008
—
Building Investment Co LLC
Regions Bank
Quit Claim Deed
related
—
Oct 29, 2007
—
Building Investment Co LLC
Regions Bank
Quit Claim Deed
related
$2,250,000 · Suntrust Bank NA
—
—
Building Investment Co LLC
—
Deed Of Trust
related
$3,041,546 · Morris Bk
—
—
Building Investment Co LLC
—
Deed Of Trust
related
$2,500,000 · Fidelity Bank NA
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 50 M M Way?
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.
