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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Industrial properties
5031 B U Bowman Dr, Buford, GA 30518-5845
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4745700
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
8,052 SF
Lot
1.02 ac (44,431 SF)
Zoning code
C-II
APN
08-157A-000-008
UPID
US22-4745700
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
$385k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$630k
Owner & transaction history
Elvin & Virginia Thigpen Fam L · 6 yrs held
Elvin & Virginia Thigpen Fam L
since 2020
3 recorded transactions
Zoning & alternative use
C-II · Buford, 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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$385,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$78 / 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
$5,119
Tax year 2024
Assessed value
$244,304
Assessed 2024
Previous assessed
$271,544
-10.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$75,480
Assessed improvement
$168,824
Land market value
$188,700
Improvement market value
$422,060
Total market value
$610,760
Applied tax rate
8.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
YES
Cooling
WALL UNIT
Total area
8,052 SF
Lot
1.02 ac (44,431 SF)
Zoning code
C-II
APN
08-157A-000-008
UPID
US22-4745700
Jurisdiction
HALL
Zoning & alternative use
C-II · Buford, GA
Zoning C-II · permitted uses
C-II · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Lot
1.02 ac
Current owner
From public records · entity-resolved
Elvin & Virginia Thigpen Fam L
Individual
Free & Clear · 6 yrs held
Mailing address
4335 WOODWARD WAY, SUGAR HILL, GA 30518-5306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
—
Elvin & Virginia Thigpen Fam L
Elvin Fam
Quit Claim Deed
related
—
Mar 21, 2018
—
Elvin & Virginia Thigpen Famil
Metal Building Const INC
Quit Claim Deed
related
—
Apr 16, 2007
$620,000
Building Construction In Metal
Knockout Properties LLC
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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