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Property profile & analytics
OFF-MARKET
Industrial land
5048 Lk Dr, Morrow, GA 30260-3543
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1630437
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1942
Construction
WOOD FRAME
Total area
1,345 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C
APN
12-177B- A-009
UPID
US22-1630437
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Khanh Diep · 2 yrs held
Khanh Diep
since 2024
Last sale
$67,000
5 recorded transactions
Zoning & alternative use
C · Morrow, 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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,049
Tax year 2024
Assessed value
$52,520
Assessed 2024
Previous assessed
$52,520
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$52,520
Land market value
$131,300
Total market value
$131,300
Applied tax rate
7.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1942
Construction
WOOD FRAME
Heating
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
1,345 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C
APN
12-177B- A-009
UPID
US22-1630437
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GA
Zoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
WOOD FRAME
Heating
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Khanh Diep
Individual
Free & Clear · 2 yrs held
Mailing address
4223 N IDLEWOOD PARC CT, TUCKER, GA 30084-7834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
$67,000
Khanh Diep
Thai Tran Ton
Warranty Deed
—
Jul 15, 2019
—
Ton T Tran
Truong,thuy
Quit Claim Deed
related
—
Jun 5, 2015
$35,000
Alvin L Gaynes
Frey,toni A C
Warranty Deed
—
Jun 5, 2015
$55,000
Thuy Truong
Gaynes,alvin L
Warranty Deed
—
Dec 29, 2010
—
Toni A C Frey
Frey,toni A C & Steven M
Quit Claim Deed
related
—
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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