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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
518 Mcdaniel Ml SW Rd Conyers, GA 30012
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-1805979
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
4,856 SF
Lot
2.3 ac (100,188 SF)
Zoning code
M1
APN
010-0-12-0005
UPID
US22-1805979
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
$495k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$807k
Blend (final)
Blend
$620k
Owner & transaction history
Nsa Property Holdings LLC · 7 yrs held
Nsa Property Holdings LLC
since 2019
4 recorded transactions
Zoning & alternative use
M1 · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Conyers GIS Main Page
Top alternative use upside
Medical building
$895,000
+85.3%
Retail stores
$775,000
+60.7%
Office building
$700,000
+45.0%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$495,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$485,000
Current use
MEDICAL BUILDING
$895,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$775,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$700,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
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
$128 / 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
$52,924
Tax year 2023
Assessed value
$1,290,160
Assessed 2023
Previous assessed
$1,290,160
+0.0% YoY
Effective rate
4.10%
On assessed value
Assessed land
$64,120
Assessed improvement
$1,226,040
Land market value
$160,300
Improvement market value
$3,065,100
Total market value
$3,225,400
Applied tax rate
1.0000
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
Buildings
6
Stories
1
Total area
4,856 SF
Lot
2.3 ac (100,188 SF)
Zoning code
M1
APN
010-0-12-0005
UPID
US22-1805979
Jurisdiction
ROCKDALE
Zoning & alternative use
M1 · Conyers, GAZoning M1 · permitted uses
M1 · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Conyers GIS Main Page
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$485,000
MEDICAL BUILDING
Est. value
$895,000
RETAIL STORES
Est. value
$775,000
OFFICE BUILDING
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$605,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE 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
2003
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
6
Lot
2.3 ac
Current owner
From public records · entity-resolved
Nsa Property Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8400 E PRENTICE AVE, GREENWOOD VILLAGE, CO 80111-2912
Ownership since
2019
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
Jan 9, 2019
$3,700,000
Nsa Property Holdings LLC
Tower Ventures Cre LLC
Grant Deed
related
—
Jan 8, 2019
—
Tower Ventures Cre LLC
Choi,soya H
Quit Claim Deed
related
—
Nov 9, 2017
$3,225,100
Tower Ventures Cre LLC
Choi,soya H
Trustees Deed
$5,100,000 · First Cap Bk
Sep 27, 2011
—
Morken LLC
Choi,soya
Quit Claim Deed
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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