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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Industrial properties
505 Berry Dr, Villa Rica, GA 30180-2442
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-0403074
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
18,000 SF
Lot
3.45 ac (150,282 SF)
Zoning code
OI
APN
V06-004-0012
UPID
US22-0403074
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
-
Titans Sports Academy - West Georgia Gym & Fitness Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.06M
Owner & transaction history
Wilpro Properties LLC · 13 yrs held
Wilpro Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
OI · Villa Rica, 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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,100,000
Current use
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,649
Tax year 2023
Assessed value
$467,558
Assessed 2023
Previous assessed
$467,558
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$82,800
Assessed improvement
$384,758
Land market value
$207,000
Improvement market value
$961,895
Total market value
$1,168,895
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
18,000 SF
Lot
3.45 ac (150,282 SF)
Zoning code
OI
APN
V06-004-0012
UPID
US22-0403074
Jurisdiction
CARROLL
Zoning & alternative use
OI · Villa Rica, GA
Zoning OI · permitted uses
OI · Villa Rica, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Rica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
INDUSTRIAL (GENERAL) 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
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
3.45 ac
Current owner
From public records · entity-resolved
Wilpro Properties LLC
Entity
Mailing address
505 BERRY DR STE #100, VILLA RICA, GA 30180-2446
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
—
Wilpro Properties LLC
—
Deed
related
$686,424 · Regions Bk
Oct 15, 2012
$416,800
Wilpro Properties LLC
Community Sthrn Bk
Quit Claim Deed
related
$362,703 · Regions Bank
Oct 11, 2012
$416,710
Wilpro Properties LLC
Community & Southern Bank
Grant Deed
$362,704 · Regions Bank
Feb 24, 2011
—
Community & Southern Bank
First Natl Bk Of Ga
Grant Deed
related
—
Jan 29, 2010
—
Community & Southern Bank
Federal,deposit Insurance
Grant Deed
related
—
May 14, 2009
$1,095,000
First Natl Bk Of Ga
20 West Business Center LLC
Trustees Deed
related
—
Mar 3, 2008
—
20 West Business Center LLC
—
Trustees Deed
related
$86,913 · First National Bank Georgia
Dec 17, 2007
—
20 West Business Center LLC
Dean,robert W & Heather W
Grant Deed
$1,275,000 · First National Bank Georgia
Dec 14, 2007
—
Robert W Dean
Vast Ventures INC
Grant Deed
related
—
—
—
Wilpro Properties LLC
—
Deed Of Trust
related
$686,424 · Regions Bk
—
—
20 West Business Center LLC
—
Deed Of Trust
related
$86,913 · Canyon State Cu
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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