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Property profile & analytics
OFF-MARKET
Estimated value
$41,495,000
Distribution centers
500 Business Ctr Dr Stockbridge, GA 30281-6369
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0556088
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Construction
CONCRETE
Total area
707,803 SF
Lot
27.81 ac (1,211,404 SF)
Zoning code
M1
APN
069-01008042
UPID
US22-0556088
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
-
Goodyear Tire & Rubber Co Warehouse (Bike/Boat/Book/etc) Store Auto Parts Store
-
Action Logistics Storage Facility
-
Kelly Springfield Tire Distribution Center Logistics Company
-
Dollar General Distribution Center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.50M
Blend (final)
Blend
$41.50M
Owner & transaction history
P9 Gcp Stockbridge LLC · 4 yrs held
P9 Gcp Stockbridge LLC
since 2022
Last sale
$46.3M
6 recorded transactions
Zoning & alternative use
M1 · Stockbridge, 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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$40,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$42,285,000
Current use
Blend value · Realmo final
$41.50M
Range $37.35M – $45.64M · ±10% · vs last sale $46.25M (Mar 15 2022)
Last sale anchor
$46.25M
Mar 15 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
$59 / 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
$414,857
Tax year 2024
Assessed value
$10,348,360
Assessed 2024
Previous assessed
$10,348,360
+0.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$945,560
Assessed improvement
$9,402,800
Land market value
$2,363,900
Improvement market value
$23,507,000
Total market value
$25,870,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
9
Total area
707,803 SF
Lot
27.81 ac (1,211,404 SF)
Zoning code
M1
APN
069-01008042
UPID
US22-0556088
Jurisdiction
HENRY
Zoning & alternative use
M1 · Stockbridge, GA
Zoning M1 · permitted uses
M1 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$42.3M
WAREHOUSE, STORAGE Current
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
1995
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
9
Lot
27.81 ac
Current owner
From public records · entity-resolved
P9 Gcp Stockbridge LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1801 5TH AVE N STE #300, BIRMINGHAM, AL 35203-2108
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
—
P9 Gcp Stockbridge LLC
—
Deed
related
$81,071,000 · Wells Fargo
Mar 15, 2022
$46,250,000
P9 Gcp Stockbridge LLC
Arc Dbpgdyr001 LLC
Limited Warranty Deed
—
Aug 13, 2010
$24,150,000
Fgt Holdings LLC
Trt,noip Business Center S
Grant Deed
related
$114,000,000 · Chase Bank
Jun 25, 2010
$24,184,808
Trt,noip Business Center Stock
Istar,gt LP
Grant Deed
—
Jun 25, 2010
—
Trt,noip Business Center Stock
Istar,gt LP
Grant Deed
related
—
—
—
Trt,noip Business Center Stock
—
Deed Of Trust
related
$443,030,016 · Wells Fargo Bank
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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