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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Warehouses
709 Varnell Rd Tunnel Hill, GA 30755-9282
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US22-1714709
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
CONCRETE
Total area
20,183 SF
Lot
1.09 ac (47,480 SF)
Zoning code
COMMERICAL
APN
11-322-28-000
UPID
US22-1714709
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
-
Beaver Carpets Carpet & Flooring Store Hardware & Home Improvement
-
outside the box furniture Furniture & Home Goods Home Decor Store
-
G & D Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.31M
Owner & transaction history
G & D Construction INC · 17 yrs held
G & D Construction INC
since 2008
1 recorded transaction
Zoning & alternative use
COMMERICAL · Tunnel Hill, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+97.5%
Retail stores
$1.9M
+95.1%
Auto repair, garage
$1.5M
+59.5%
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 Tunnel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tunnel Hill 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%
$1,700,000
6.5%
$1,570,000
7%
$1,455,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$945,000
Current use
OFFICE BUILDING
$1,870,000
Change: +98% · Conversion: Difficult
RETAIL STORES
$1,850,000
Change: +95% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,510,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±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
$65 / 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
$8,221
Tax year 2023
Assessed value
$278,721
Assessed 2023
Previous assessed
$278,721
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$52,647
Assessed improvement
$226,074
Land market value
$131,618
Improvement market value
$565,184
Total market value
$696,802
Applied tax rate
15.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
YES
Cooling
WALL UNIT
Total area
20,183 SF
Lot
1.09 ac (47,480 SF)
Zoning code
COMMERICAL
APN
11-322-28-000
UPID
US22-1714709
Jurisdiction
WHITFIELD
Zoning & alternative use
COMMERICAL · Tunnel Hill, GAZoning COMMERICAL · permitted uses
COMMERICAL · Tunnel Hill, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$945,000
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
1992
Construction
CONCRETE
Heating
YES
Cooling
Yes
Lot
1.09 ac
Current owner
From public records · entity-resolved
G & D Construction INC
Entity
Mailing address
PO BOX 360, TUNNEL HILL, GA 30755-0360
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2008
—
G & D Construction INC
—
Trustees Deed
related
$282,000 · Capital Bank NA
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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