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Property profile & analytics
OFF-MARKET
Industrial properties
6451 Ocean Pond Ave Lake Park, GA 31636-3713
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3325350
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
3.3 ac (143,748 SF)
Zoning code
R-15
APN
0225-010
UPID
US22-3325350
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Laura A Cothron · 3 yrs held
Laura A Cothron
since 2023
Last sale
$32,000
3 recorded transactions
Zoning & alternative use
R-15 · Lake Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-15 Single Family Residential: The purpose of this district is to provide for residential areas restricted to single family uses with a minimum lot size of 15,000 square feet, said areas being protected from the effects of higher density and the encroachment of t hose areas which are incompatible to a low density residential environment.
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
154.27 ac
Source
Zoning Ordinance
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 Lake Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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 2023Property tax & assessments
Tax year 2023
Tax billed
$763
Tax year 2023
Assessed value
$29,594
Assessed 2023
Previous assessed
$29,594
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$26,400
Assessed improvement
$3,194
Land market value
$66,000
Improvement market value
$7,984
Total market value
$73,984
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
3.3 ac (143,748 SF)
Zoning code
R-15
APN
0225-010
UPID
US22-3325350
Jurisdiction
LOWNDES
Zoning & alternative use
R-15 · Lake Park, GAZoning R-15 · permitted uses
R-15 · Lake Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-15 Single Family Residential: The purpose of this district is to provide for residential areas restricted to single family uses with a minimum lot size of 15,000 square feet, said areas being protected from the effects of higher density and the encroachment of t hose areas which are incompatible to a low density residential environment.
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
154.27 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Heating
NONE
Lot
3.3 ac
Current owner
From public records · entity-resolved
Laura A Cothron
Individual
Mailing address
PO BOX 574, LAKE PARK, GA 31636-0574
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Laura A Cothron
—
Deed
related
$68,931 · First Federal Savings And Loan
Apr 11, 2023
—
Laura A Cothron
Milo Septic Tank & Portable Toilets
Quit Claim Deed
related
—
Jun 21, 2005
$32,000
Milo Sanitation INC
Branch Banking & Trust C
Warranty Deed
$28,843 · The Park Avenue Bank
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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