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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Warehouses
56 Direct Connection Dr Rossville, GA 30741-3756
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-2789074
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
STEEL FRAME
Total area
29,500 SF
Lot
2.93 ac (127,631 SF)
Zoning code
C-1
APN
0010B032
UPID
US22-2789074
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
-
Watt's Industrial (Bike/Boat/Book/etc) Store Auto Parts Store
-
Tom Fouts Tire Rossville Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$2.08M
Owner & transaction history
Fouts Brothers Of Rossville LLC · 5 yrs held
Fouts Brothers Of Rossville LLC
since 2021
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
C-1 · Rossville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+88.7%
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 Rossville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rossville 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
$2,435,000
ML approach
$2,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,520,000
Current use
COMMERCIAL (GENERAL)
$2,870,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $2.10M (Jul 16 2021)
Last sale anchor
$2.10M
Jul 16 2021
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
$71 / 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
$10,341
Tax year 2023
Assessed value
$461,901
Assessed 2023
Previous assessed
$461,901
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$111,300
Assessed improvement
$350,601
Land market value
$278,250
Improvement market value
$876,503
Total market value
$1,154,753
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
3
Total area
29,500 SF
Lot
2.93 ac (127,631 SF)
Zoning code
C-1
APN
0010B032
UPID
US22-2789074
Jurisdiction
CATOOSA
Zoning & alternative use
C-1 · Rossville, GA
Zoning C-1 · permitted uses
C-1 · Rossville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rossville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (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
1991
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
2.93 ac
Current owner
From public records · entity-resolved
Fouts Brothers Of Rossville LLC
Entity
Mailing address
4564 CROOKED CRK RD, GAINESVILLE, GA 30506-5119
Ownership since
2021
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
Jul 16, 2021
$2,100,000
Fouts Brothers Of Rossville LLC
Diprima Romeo Joseph JR Estate
Warranty Deed
$1,680,000 · United Community Bank
Aug 14, 2020
—
Romeo J Diprima JR.
Romeo J JR
Quit Claim Deed
related
—
Aug 25, 2008
—
Romeo J Diprima JR.
—
Loan Modification
related
$1,100,000 · Regions Bank
Jun 19, 2008
—
Payne,silas E Living Trust
Payne,barbara C
Quit Claim Deed
related
—
—
—
Romeo J Diprima
—
Loan Modification
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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