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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
5351 Hwy 42 Ellenwood, GA 30294-3506
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1431894
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
BRICK
Total area
3,362 SF
Lot
3 ac (130,680 SF)
Zoning code
HI
APN
12-181D- C-002
UPID
US22-1431894
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
$480k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$540k
Owner & transaction history
Istorage Po LLC · 9 yrs held
Istorage Po LLC
since 2016
3 recorded transactions
Zoning & alternative use
HI · Ellenwood, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$555,000
+19.3%
Commercial (general)
$500,000
+7.7%
Neighborhood: shopping center
$475,000
+1.9%
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 Ellenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenwood 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$465,000
Current use
OFFICE BUILDING
$555,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$500,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$475,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$430,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$430,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$161 / 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
$53,368
Tax year 2024
Assessed value
$1,368,000
Assessed 2024
Previous assessed
$1,368,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$84,000
Assessed improvement
$1,284,000
Land market value
$210,000
Improvement market value
$3,210,000
Total market value
$3,420,000
Applied tax rate
8.0000
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
2007
Construction
BRICK
Heating
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
3,362 SF
Lot
3 ac (130,680 SF)
Zoning code
HI
APN
12-181D- C-002
UPID
US22-1431894
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Ellenwood, GA
Zoning HI · permitted uses
HI · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$465,000
OFFICE BUILDING
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$475,000
MEDICAL BUILDING
Est. value
$430,000
RETAIL STORES
Est. value
$430,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
2007
Construction
BRICK
Heating
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Lot
3 ac
Current owner
From public records · entity-resolved
Istorage Po LLC
Entity
Mailing address
5200 PO BOX 320099TH PKWY, ALEXANDRIA, VA 22320-4099
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2016
—
Istorage Po LLC
—
Deed
related
$160,000,000 · Miscellaneous Ins Co
—
—
Hanover Holdings Ltd
—
Deed Of Trust
related
$1,260,000 · Usameribank
—
—
Istorage Po LLC
—
Deed Of Trust
related
$160,000,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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