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Property profile & analytics
OFF-MARKET
Estimated value
$7,555,000
Refrigerated & Cold Storage
5088 Pinetree St Forest Park, GA 30297-2041
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0126357
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1963
Total area
55,000 SF
Lot
3.77 ac (164,178 SF)
Zoning code
HI
APN
13-053C- B-002
UPID
US22-0126357
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
-
Pro Produc Grocery & Convenience Store Food Market
-
Aleva Groceries LLC Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
$6.21M
Comparable Approach
Comparable
$7.26M
Blend (final)
Blend
$7.56M
Owner & transaction history
Gios Investments LLC · 2 yrs held
Gios Investments LLC
since 2023
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
HI · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.8M
+88.8%
Office building
$9.1M
+74.6%
Neighborhood: shopping center
$7.8M
+49.1%
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$8,570,000
ML approach
$8,290,000
CAP Approach
CAP Return
Estimation
6%
$6,730,000
6.5%
$6,210,000
7%
$5,770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,210,000
Current use
COMMERCIAL (GENERAL)
$9,835,000
Change: +89% · Conversion: Difficult
OFFICE BUILDING
$9,095,000
Change: +75% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,770,000
Change: +49% · Conversion: Moderate
Blend value · Realmo final
$7.56M
Range $6.80M – $8.31M · ±10% · vs last sale $7.50M (Oct 18 2023)
Last sale anchor
$7.50M
Oct 18 2023
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
$137 / 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
$72,676
Tax year 2024
Assessed value
$1,862,920
Assessed 2024
Previous assessed
$1,401,120
+33.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$150,760
Assessed improvement
$1,712,160
Land market value
$376,900
Improvement market value
$4,280,400
Total market value
$4,657,300
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1963
Heating
NONE
Total area
55,000 SF
Lot
3.77 ac (164,178 SF)
Zoning code
HI
APN
13-053C- B-002
UPID
US22-0126357
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Forest Park, GA
Zoning HI · permitted uses
HI · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$9.8M
OFFICE BUILDING
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1963
Heating
NONE
Lot
3.77 ac
Current owner
From public records · entity-resolved
Gios Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
150 FRST PKWY STE B, FOREST PARK, GA 30297-2070
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
—
Gios Investments LLC
Scout Cold Storage Atlanta Pinetree
Quit Claim Deed
related
—
Sep 27, 2023
—
Gios Investments LLC
Scout Cold Storage Atlanta Pinetree
Quit Claim Deed
related
—
Sep 27, 2023
$7,500,000
Gios Investments LLC
Scout Cold Storage Atlanta Pinetree
Warranty Deed
—
Jul 30, 2021
$5,425,000
Scout Cold Storage Atlanta Pinetree
Pro Health LLC
Warranty Deed
$300,000 · Bank Of America
Jul 30, 2021
—
Scout Cold Storage Atlanta Pinetree
Pro Health LLC
Warranty Deed
—
Aug 3, 2012
—
Glgs LLC
Lhc Of Pinetree LLC
Quit Claim Deed
related
—
Aug 3, 2012
$4,290,000
Glgs LLC
Lhc Of Pinetree LLC
Grant Deed
$880,000 · United Community Bank
Jul 18, 2012
—
Lhc Of Pinetree LLC
Lhc Of Pinetree LLC
Quit Claim Deed
related
—
—
—
Pro-health LLC
—
Deed Of Trust
$41,000,000 · Rabo Agrifinance
—
—
Glgs LLC
—
Deed Of Trust
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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