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Property profile & analytics
OFF-MARKET
Industrial properties
5845 Steeplechase Blvd 600 Cumming, GA 30040-8003
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0680116
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1998
Total area
1,500 SF
Lot
0.33 ac (14,375 SF)
Zoning code
M1
APN
106 651
UPID
US22-0680116
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
-
Advanced Instrument Technologies Inc Engineering Consultant
-
Peaster & Williams Central Fab Orthotics & Prosthetics Service
-
IMO Automation LLC Warehouse & Storage
-
Dossett Does It Interior Design Home Decor Store
-
Top Dressing Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kuringai LLC · 1 yrs held
Kuringai LLC
since 2024
Last sale
$175,000
5 recorded transactions
Zoning & alternative use
M1 · Cumming, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cumming submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumming 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,901
Tax year 2024
Assessed value
$77,520
Assessed 2024
Previous assessed
$77,520
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$22,000
Assessed improvement
$55,520
Land market value
$55,000
Improvement market value
$138,800
Total market value
$193,800
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Units
1
Total area
1,500 SF
Lot
0.33 ac (14,375 SF)
Zoning code
M1
APN
106 651
UPID
US22-0680116
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Cumming, GA
Zoning M1 · permitted uses
M1 · Cumming, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumming. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Kuringai LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5845 STEEPLECHASE BLVD, CUMMING, GA 30040-8003
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 25, 2024
—
Kuringai LLC
Chris Brown Investments LLC
Quit Claim Deed
related
—
Oct 13, 2011
$175,000
Kuringai LLC
Chris Brown Investments LLC
Grant Deed
$157,500 · Chris Brown Investments LLC
May 20, 2011
$110,000
Chris Brown Investments LLC
Suntrust Bk
Grant Deed
—
Jan 24, 2011
$135,000
Suntrust Bk
Wdj INC
Trustees Deed
related
—
—
—
Kuringai LLC
—
Loan Modification
related
$157,000 · Chris Brown Investments LLC
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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