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Property profile & analytics
FOR SALE
Warehouses
701 Lovvorn Rd Carrollton, GA 30117-2845
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4089987
No photos on file
For Sale
Contact for pricing
701 Lovvorn Rd, Carrollton, GA 30117-2845
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Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Construction
STEEL FRAME
Total area
32,500 SF
Lot
1.94 ac (84,506 SF)
Zoning code
M1
APN
C08-026-0026
UPID
US22-4089987
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
-
Morehead Demolition Services Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$450k
Owner & transaction history
701 Lovvorn Road LLC · 2 yrs held
701 Lovvorn Road LLC
since 2024
Last sale
$450,000
5 recorded transactions
Zoning & alternative use
M1 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$450,000
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$450k
Range $405k – $495k · ±10% · vs last sale $450k (Mar 8 2024)
Last sale anchor
$450k
Mar 8 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
$14 / 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
$6,350
Tax year 2023
Assessed value
$201,047
Assessed 2023
Previous assessed
$201,047
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$19,400
Assessed improvement
$181,647
Land market value
$48,500
Improvement market value
$454,118
Total market value
$502,618
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1975
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
32,500 SF
Lot
1.94 ac (84,506 SF)
Zoning code
M1
APN
C08-026-0026
UPID
US22-4089987
Jurisdiction
CARROLL
Zoning & alternative use
M1 · Carrollton, GAZoning M1 · permitted uses
M1 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
1.94 ac
Current owner
From public records · entity-resolved
701 Lovvorn Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
701 LOVVORN RD, CARROLLTON, GA 30117-2845
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
Apr 5, 2024
—
701 Lovvorn Road LLC
—
Deed
related
$127,633 · Citizens National Bank
Mar 8, 2024
—
701 Lovvorn Road LLC
Alfred Eugene Wright
Quit Claim Deed
related
—
Mar 8, 2024
$450,000
701 Lovvorn Road LLC
Alfred Eugene Wright
Warranty Deed
—
Sep 26, 2022
—
Wright Alfred Eugene Estate
Christopher Wright
Warranty Deed
—
Nov 12, 2019
—
Wright Family Trust
Alfred E Wright
Quit Claim 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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