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Property profile & analytics
OFF-MARKET
Estimated value
$20,835,000
Distribution centers
650 Braselton Pkwy Braselton, GA 30517-5339
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2641905
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
WOOD FRAME
Total area
348,990 SF
Lot
86.93 ac (3,786,671 SF)
Zoning code
M
APN
118 040
UPID
US22-2641905
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
-
FedEx Ground Facility Shipping Company Freight Service
-
FEDEX GROUND Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.85M
Blend (final)
Blend
$20.84M
Owner & transaction history
Mreic Braselton Ga LLC · 7 yrs held
Mreic Braselton Ga LLC
since 2018
3 recorded transactions
Zoning & alternative use
M · Braselton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$31.3M
+16.5%
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 Braselton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braselton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$26,840,000
Current use
AUTO REPAIR, GARAGE
$31,265,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$20.84M
Range $18.75M – $22.92M · ±10%
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
$60 / 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
$370,486
Tax year 2023
Assessed value
$11,561,800
Assessed 2023
Previous assessed
$11,561,800
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$4,753,080
Assessed improvement
$6,808,720
Land market value
$11,882,700
Improvement market value
$17,021,800
Total market value
$28,904,500
Applied tax rate
5.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2017
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Total area
348,990 SF
Lot
86.93 ac (3,786,671 SF)
Zoning code
M
APN
118 040
UPID
US22-2641905
Jurisdiction
JACKSON
Zoning & alternative use
M · Braselton, GA
Zoning M · permitted uses
M · Braselton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braselton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$26.8M
AUTO REPAIR, GARAGE
Est. value
$31.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
2017
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Lot
86.93 ac
Current owner
From public records · entity-resolved
Mreic Braselton Ga LLC
Entity
Mailing address
255 WASHINGTON ST STE #270, NEWTON, MA 02458-1634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 10, 2018
$61,113,300
Mreic Braselton Ga LLC
Braselton Parkway Athens LLC
Grant Deed
related
$39,700,000 · Miscellaneous Ins Co
Nov 10, 2016
$21,052,700
Braselton Parkway Athens LLC
Duke Realty Land LLC
Grant Deed
$43,353,305 · Pnc Bk
Dec 29, 2014
$7,247,200
Duke Realty Land LLC
Duke Realty LP
Grant 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.
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