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Property profile & analytics
OFF-MARKET
Estimated value
$9,930,000
Industrial properties
505 Brown Industrial Pkwy Canton, GA 30114-8013
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1357123
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
68,020 SF
Lot
3.5 ac (152,460 SF)
Zoning code
LI
APN
14N23 015
UPID
US22-1357123
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
$11.55M
CAP Approach
CAP
$6.38M
Comparable Approach
Comparable
$9.20M
Blend (final)
Blend
$9.93M
Owner & transaction history
Dg Brown Industrial Property Owner · 4 yrs held
Dg Brown Industrial Property Owner
since 2021
Last sale
$9.7M
2 recorded transactions
Zoning & alternative use
LI · Canton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.2M
+59.7%
Office building
$12.8M
+54.6%
Auto repair, garage
$10.7M
+29.7%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$11,250,000
ML approach
$11,550,000
CAP Approach
CAP Return
Estimation
6%
$6,905,000
6.5%
$6,375,000
7%
$5,920,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,285,000
Current use
COMMERCIAL (GENERAL)
$13,230,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$12,810,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,745,000
Change: +30% · Conversion: Easy
WAREHOUSE, STORAGE
$7,655,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$9.93M
Range $8.94M – $10.92M · ±10% · vs last sale $9.72M (Nov 23 2021)
Last sale anchor
$9.72M
Nov 23 2021
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
$146 / 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
$56,047
Tax year 2024
Assessed value
$1,958,100
Assessed 2024
Previous assessed
$1,699,820
+15.2% YoY
Effective rate
2.86%
On assessed value
Assessed land
$280,000
Assessed improvement
$1,678,100
Land market value
$700,000
Improvement market value
$4,195,250
Total market value
$4,895,250
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Bathrooms
6
Total area
68,020 SF
Lot
3.5 ac (152,460 SF)
Zoning code
LI
APN
14N23 015
UPID
US22-1357123
Jurisdiction
CHEROKEE
Zoning & alternative use
LI · Canton, GAZoning LI · permitted uses
LI · Canton, 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
INDUSTRIAL (GENERAL) Current
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$13.2M
OFFICE BUILDING
Est. value
$12.8M
AUTO REPAIR, GARAGE
Est. value
$10.7M
WAREHOUSE, STORAGE
Est. value
$7.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
6
Lot
3.5 ac
Current owner
From public records · entity-resolved
Dg Brown Industrial Property Owner
Entity
Mailing address
17304 PRESTON RD STE #550, DALLAS, TX 75252-5625
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
—
Dg Brown Industrial Property O
—
Deed
related
$344,500 · German American Capital
Nov 23, 2021
$9,720,000
Dg Brown Industrial Property Owner
Topple Higdon Partnership
Warranty Deed
$148,195,008 · Forethought Life Insurance
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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