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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Warehouses
533 Commercial Dr, Statham, GA 30666-1801
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1595682
Property summary
AI-generated overview
& Warehouse Bathroom w Laundry Sink. Situated on a spacious 0.71 acre lot & includes outside storage area & loading dock on right side. The property enjoys easy access to major transportation routes offering Convenient location for entry & exit. Warehouse is open which makes it perfect for the end user or could be divided for multiple tenants. Located in Statham
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
9,800 SF
Lot
0.7 ac (30,492 SF)
Zoning code
LI
APN
ST06A 013D
UPID
US22-1595682
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
-
The FinishWorks Industrial Manufacturer Production Facility
-
Statham RV Repair & Sales Auto Parts Store
-
Diesel Trucks Unlimited LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$915k
Owner & transaction history
Polite Road LLC
Polite Road LLC
since 2025
Last sale
$930,000
6 recorded transactions
Zoning & alternative use
LI · Statham, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+45.5%
Commercial (general)
$1.4M
+39.1%
Auto repair, garage
$1.3M
+32.2%
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 Statham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statham 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%
$1,200,000
6.5%
$1,105,000
7%
$1,030,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$970,000
Current use
RETAIL STORES
$1,410,000
Change: +46% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,350,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,285,000
Change: +32% · Conversion: Easy
INDUSTRIAL (GENERAL)
$960,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $930k (Jul 28 2025)
Last sale anchor
$930k
Jul 28 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
$93 / 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
$5,067
Tax year 2024
Assessed value
$170,188
Assessed 2024
Previous assessed
$170,188
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$28,400
Assessed improvement
$141,788
Land market value
$71,000
Improvement market value
$354,469
Total market value
$425,469
Applied tax rate
4.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
WOOD FURNACE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
9,800 SF
Lot
0.7 ac (30,492 SF)
Zoning code
LI
APN
ST06A 013D
UPID
US22-1595682
Jurisdiction
BARROW
Zoning & alternative use
LI · Statham, GA
Zoning LI · permitted uses
LI · Statham, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$970,000
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$960,000
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1998
Construction
STEEL FRAME
Heating
WOOD FURNACE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Polite Road LLC
Entity
Free & Clear · 0 yrs held
Mailing address
197 BEECH CRK CIR, WINDER, GA 30680-3757
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
$930,000
Polite Road LLC
Jody M Triplett
Warranty Deed
—
Apr 8, 2021
—
Jody M Triplett
—
Deed
related
$364,301 · Renasant Bank
Oct 18, 2019
$350,000
Jody M Triplett
Jerry D Lampp Family LP
Warranty Deed
$340,000 · Jerry D Lampp Family LP
Jan 18, 2013
$217,000
Jerry D Lampp Family LP
Scbt NA
Grant Deed
—
Aug 14, 2012
$246,000
Scbt
Cannon,shane E
Trustees Deed
—
Dec 4, 2007
—
Shane E Cannon
Vilmont,kainnon
Grant 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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