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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Industrial properties
516 William Ave Kingsland, GA 31548-4166
Entity Owned
13-yr Hold
Free & Clear
Property ID
US22-2673940
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Total area
17,920 SF
Lot
3.16 ac (137,650 SF)
Zoning code
I-L
APN
K19 01 002B
UPID
US22-2673940
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
-
Neutral Zone Studios Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$870k
Owner & transaction history
Stone & More INC · 13 yrs held
Stone & More INC
since 2012
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
I-L · Kingsland, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended for wholesale and light industrial uses where resultant noise, odors, pollution, and congestion are minimized
Zone name
Wholesale And Light Industrial District
General category
INDUSTRIAL
Zone area
356.59 ac
Source
Realmo
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 Kingsland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsland 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
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $900k (Jun 3 2025)
Last sale anchor
$900k
Jun 3 2025
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
$49 / 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
$7,609
Tax year 2023
Assessed value
$212,200
Assessed 2023
Previous assessed
$212,200
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$49,280
Assessed improvement
$162,920
Land market value
$123,200
Improvement market value
$407,300
Total market value
$530,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
NONE
Total area
17,920 SF
Lot
3.16 ac (137,650 SF)
Zoning code
I-L
APN
K19 01 002B
UPID
US22-2673940
Jurisdiction
CAMDEN
Zoning & alternative use
I-L · Kingsland, GAZoning I-L · permitted uses
I-L · Kingsland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended for wholesale and light industrial uses where resultant noise, odors, pollution, and congestion are minimized
Zone name
Wholesale And Light Industrial District
General category
INDUSTRIAL
Zone area
356.59 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
3.16 ac
Current owner
From public records · entity-resolved
Stone & More INC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 365, KINGSLAND, GA 31548-0365
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2012
—
Stone & More INC
Tri-city Land Dev INC
Warranty Deed
related
—
Aug 21, 2012
—
Stone And More INC
Tri City Land Development INC
Grant Deed
related
—
Dec 31, 2008
—
Wh Gross Co
Tri-city Land Dev INC
Warranty Deed
related
—
Sep 19, 2008
—
Wh Gross Construction Co
Tri-city Land Dev INC
Warranty Deed
related
—
Nov 16, 2007
$785,000
Tri-city Land Dev INC
Thompson Sporting Goods INC
Warranty Deed
$735,000 · First Atlantic 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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