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Property profile & analytics
OFF-MARKET
Estimated value
$6,270,000
Warehouses
51 Greensboro Hwyu Watkinsville, GA 30677-2515
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2352343
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
7,500 SF
Lot
0.42 ac (18,295 SF)
Zoning code
1
APN
W-07-004-B
UPID
US22-2352343
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
$5.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.27M
Owner & transaction history
Shoregate Storage Of Athens LLC · 4 yrs held
Shoregate Storage Of Athens LLC
since 2021
Last sale
$7.0M
4 recorded transactions
Zoning & alternative use
1 · Watkinsville, 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 Watkinsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watkinsville 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
$5,525,000
ML approach
$5,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.27M
Range $5.64M – $6.90M · ±10% · vs last sale $7.00M (Aug 6 2021)
Last sale anchor
$7.00M
Aug 6 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
$836 / 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
$4,446
Tax year 2024
Assessed value
$198,665
Assessed 2024
Previous assessed
$180,515
+10.1% YoY
Effective rate
2.24%
On assessed value
Assessed land
$36,036
Assessed improvement
$162,629
Land market value
$90,090
Improvement market value
$406,573
Total market value
$496,663
Applied tax rate
2.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
7,500 SF
Lot
0.42 ac (18,295 SF)
Zoning code
1
APN
W-07-004-B
UPID
US22-2352343
Jurisdiction
OCONEE
Zoning & alternative use
1 · Watkinsville, GA
Zoning 1 · permitted uses
1 · Watkinsville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watkinsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Shoregate Storage Of Athens LLC
Entity
Free & Clear · 4 yrs held
Mailing address
29 S HARRISON ST, EASTON, MD 21601-3020
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2021
$6,999,600
Shoregate Storage Of Athens LLC
Watkinsville Mini Warehouses Spe Ll
Warranty Deed
—
Jul 17, 2007
—
Mini Warehouses S Watkinsville
Evans,walter T SR & Winona Q
Grant Deed
$2,000,000 · Lasalle National Bank
Sep 21, 2006
—
Winona Q Evans
Evans,walter T SR
Quit Claim Deed
related
—
—
—
Walter T Evans SR.
—
Deed Of Trust
related
$250,653 · Oconee State Bank
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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