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Property profile & analytics
OFF-MARKET
Estimated value
$66,545,000
Warehouses
6855 Shannon Pkwy Union City, GA 30291-2009
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1355299
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
744,000 SF
Lot
60.69 ac (2,643,656 SF)
Zoning code
GC
APN
09F120100560441
UPID
US22-1355299
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
-
Amazon XEW2 Corporate Office
-
Amazon ATL7 Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$70.63M
Blend (final)
Blend
$66.55M
Owner & transaction history
Bal I85 Industrial Owner LLC · 1 yrs held
Bal I85 Industrial Owner LLC
since 2024
Last sale
$64.5M
5 recorded transactions
Zoning & alternative use
GC · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GC district is intended to provide locations for various types of commercial, retail, restaurants, hotels, and professional office uses. This district is designed to promote a vibrant city and other unique development opportunities that encourage development and redevelopment efforts.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
834.56 ac
Source
Realmo
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$92,005,000
Current use
Blend value · Realmo final
$66.55M
Range $59.89M – $73.20M · ±10% · vs last sale $64.50M (Sep 3 2024)
Last sale anchor
$64.50M
Sep 3 2024
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
$89 / 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
$338,712
Tax year 2023
Assessed value
$12,000,000
Assessed 2024
Previous assessed
$12,000,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,265,200
Assessed improvement
$10,734,800
Land market value
$3,163,000
Improvement market value
$26,837,000
Total market value
$30,000,000
Applied tax rate
50.0000
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
2005
Heating
NONE
Stories
1
Total area
744,000 SF
Lot
60.69 ac (2,643,656 SF)
Zoning code
GC
APN
09F120100560441
UPID
US22-1355299
Jurisdiction
FULTON
Zoning & alternative use
GC · Union City, GAZoning GC · permitted uses
GC · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GC district is intended to provide locations for various types of commercial, retail, restaurants, hotels, and professional office uses. This district is designed to promote a vibrant city and other unique development opportunities that encourage development and redevelopment efforts.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
834.56 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$92.0M
WAREHOUSE, STORAGE Current
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
2005
Heating
NONE
Stories
1
Lot
60.69 ac
Current owner
From public records · entity-resolved
Bal I85 Industrial Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9830 COLONNADE BLVD STE #600, SAN ANTONIO, TX 78230-2209
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Dec 3, 2024
$64,500,000
Bal I85 Industrial Owner LLC
Usef I 85 Distribution Center LLC
Warranty Deed
—
Sep 26, 2023
—
Usef I85 Distribution Center L
—
Deed
related
$28,500,000 · Lincoln National Life Insurance
Sep 9, 2014
$30,150,000
Usef I-85 Distribution Center
Pancal Goodson 5 LLC
Grant Deed
—
Dec 30, 2010
$22,000,100
Pancal Goodson 5 LLC
Goodson Road LLC
Grant Deed
related
—
Apr 21, 2004
$257,000
Ucga Dev
Averett,jerry C
Grant Deed
—
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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