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Property profile & analytics
OFF-MARKET
Estimated value
$3,995,000
Warehouses
5100 Hwy 138 Union City, GA 30291-3409
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0957435
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Construction
WOOD
Total area
8,910 SF
Lot
3 ac (130,680 SF)
Zoning code
M1
APN
09F160100641387
UPID
US22-0957435
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
$3.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Beverly Union LP · 4 yrs held
Beverly Union LP
since 2021
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
M1 · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.2M
+461.0%
Restaurant
$4.8M
+334.4%
Neighborhood: shopping center
$2.9M
+165.7%
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$4,065,000
ML approach
$3,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,180,000
Change: +461% · Conversion: Difficult
RESTAURANT
$4,785,000
Change: +334% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,930,000
Change: +166% · Conversion: Moderate
MEDICAL BUILDING
$2,770,000
Change: +151% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,595,000
Change: +136% · Conversion: Easy
Blend value · Realmo final
$4.00M
Range $3.60M – $4.39M · ±10% · vs last sale $4.00M (Dec 16 2021)
Last sale anchor
$4.00M
Dec 16 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
$448 / 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
$43,694
Tax year 2023
Assessed value
$1,548,000
Assessed 2024
Previous assessed
$1,548,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$324,000
Assessed improvement
$1,224,000
Land market value
$810,000
Improvement market value
$3,060,000
Total market value
$3,870,000
Applied tax rate
50.0000
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
1987
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Units
59
Total area
8,910 SF
Lot
3 ac (130,680 SF)
Zoning code
M1
APN
09F160100641387
UPID
US22-0957435
Jurisdiction
FULTON
Zoning & alternative use
M1 · Union City, GA
Zoning M1 · permitted uses
M1 · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
RESTAURANT
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
WOOD
Heating
NONE
Stories
1
Buildings
5
Units
59
Lot
3 ac
Current owner
From public records · entity-resolved
Beverly Union LP
Entity
Mailing address
75 COMMERCE DR, GRAYSLAKE, IL 60030-7740
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$4,000,000
Beverly Union LP
Nathan E Bagley
Warranty Deed
$29,000,000 · Ubs Bank
Jul 20, 2020
—
Nathan E Bagley
—
Deed
related
$324,919 · Centerstate Bk NA
—
—
Nathan E Bagley
—
Deed Of Trust
related
$438,443 · Community Bk/south
—
—
Nathan E Bagley
—
Loan Modification
related
$324,919 · Centerstate Bk NA
—
—
Robert C Mulliniks JR.
—
Loan Modification
related
$422,666 · Regions 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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