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Property profile & analytics
OFF-MARKET Estimated value $700,000
Warehouses

616 College St Bowdon, GA 30108-1117

7,230 SF 1.91 ac lot Built 1952
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-4646673
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1952
Construction STEEL FRAME
Total area 7,230 SF
Lot 1.91 ac (83,200 SF)
Zoning code C
APN B04-016-0016
UPID US22-4646673
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
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k
Owner & transaction history
Walter Richard Arthur · 2 yrs held
Walter Richard Arthur
since 2024
Last sale
$700,000
5 recorded transactions
2024
$700,000
2008
$186,400
2007
$186,375
1993
$140,000
1969
Price N/A
Zoning & alternative use
C · Bowdon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the Commercial, Low-Density (C) Zone is to encourage well- planned commercial uses (retail, service, office, personal and professional services) on visually prominent and high use corridors to meet the needs of a community market area. These developments should provide unified design, safe ingress and egress, adequate and properly located park…

Zone name Commercial
General category COMMERCIAL
Zone area 128.06 ac
Source Bowdon Unified Development Code
Top alternative use upside
Retail stores $1.1M +41.1%
Auto repair, garage $1.1M +38.5%
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