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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Warehouses
5389 Hwy 115th W Cleveland, GA 30528-5215
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2304281
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Construction
STEEL FRAME
Total area
19,500 SF
Lot
2.64 ac (114,998 SF)
Zoning code
C1
APN
036 099B
UPID
US22-2304281
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
-
Citizens Fidelity Mortgage Inc Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Copper Storage Solutions LLC · 3 yrs held
Copper Storage Solutions LLC
since 2023
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
C1 · Cleveland, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+78.1%
Auto repair, garage
$2.2M
+36.9%
Restaurant
$2.1M
+36.5%
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$2,870,000
ML approach
$2,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,570,000
Current use
COMMERCIAL (GENERAL)
$2,795,000
Change: +78% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,150,000
Change: +37% · Conversion: Easy
RESTAURANT
$2,145,000
Change: +37% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,575,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.30M (May 4 2023)
Last sale anchor
$2.30M
May 4 2023
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
$131 / 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
$6,260
Tax year 2024
Assessed value
$300,496
Assessed 2024
Previous assessed
$298,456
+0.7% YoY
Effective rate
2.08%
On assessed value
Assessed land
$68,640
Assessed improvement
$231,856
Land market value
$171,600
Improvement market value
$579,640
Total market value
$751,240
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
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
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
19,500 SF
Lot
2.64 ac (114,998 SF)
Zoning code
C1
APN
036 099B
UPID
US22-2304281
Jurisdiction
WHITE
Zoning & alternative use
C1 · Cleveland, GA
Zoning C1 · permitted uses
C1 · Cleveland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.64 ac
Current owner
From public records · entity-resolved
Copper Storage Solutions LLC
Entity
Free & Clear · 3 yrs held
Mailing address
147 IS BREEZE AVE, DAYTONA BEACH, FL 32124-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 4, 2023
$2,300,000
Copper Storage Solutions LLC
Ellijay Storage LLC
Warranty Deed
—
Dec 29, 2020
$825,000
Ellijay Storage LLC
Dmc Storage Unit LLC
Grant Deed
$875,000 · Live Oak Bkg
Aug 6, 2018
$800,000
Dmc Storage Unit LLC
Storage Spot LLC
Grant Deed
related
$600,000 · Renasant Bk
Dec 30, 2015
$490,000
Storage Spot LLC
United Cmnty Bk
Grant Deed
$392,000 · United Cmnty Bk
Sep 11, 2015
$600,000
United Cmnty Bk
Statewide Private Group INC
Trustees 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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