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Property profile & analytics
FOR SALE
Warehouses
71 State St Commerce, GA 30529
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2381512
For Sale
1 / 22
$750,000
71 State St, Commerce, GA 30529
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1922
Total area
23,700 SF
Lot
1.47 ac (64,033 SF)
Zoning code
B2
APN
C05 036
UPID
US22-2381512
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
-
Boss Daddy’s Grill Restaurant
-
1818 Brewing LLC Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$585k
Owner & transaction history
1818 Properties LLC · 2 yrs held
1818 Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
B2 · Commerce, GA
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$25 / 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
$2,684
Tax year 2023
Assessed value
$90,640
Assessed 2023
Previous assessed
$90,640
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$51,880
Assessed improvement
$38,760
Land market value
$129,700
Improvement market value
$96,900
Total market value
$226,600
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
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
1922
Heating
BASEBOARD
Cooling
EVAPORATIVE
Stories
2
Total area
23,700 SF
Lot
1.47 ac (64,033 SF)
Zoning code
B2
APN
C05 036
UPID
US22-2381512
Jurisdiction
JACKSON
Zoning & alternative use
B2 · Commerce, GAZoning B2 · permitted uses
B2 · Commerce, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1922
Heating
BASEBOARD
Cooling
Yes
Stories
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
1818 Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
71 STATE ST, COMMERCE, GA 30529-1930
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2025
—
1818 Properties LLC
—
Deed
related
$638,883 · Piedmont Bank
Jun 4, 2024
—
1818 Properties LLC
Piedmont Bank
Quit Claim Deed
related
—
Feb 6, 2024
—
1818 Properties LLC
—
Deed
related
$700,000 · Piedmont Bank
Jan 5, 2024
—
1818 Properties LLC
—
Deed
related
$3,000,000 · Piedmont Bank
Nov 21, 2022
—
1818 Properties LLC
—
Deed
related
$300,000 · Piedmont Bank
Nov 26, 2019
—
Commerce Downtown Dev Authorit
1818 Properties LLC
Correction Deed
related
—
Nov 22, 2019
—
Commerce Downtown Dev Authorit
1818 Properties LLC
Correction Deed
related
—
Aug 30, 2019
—
Commerce Downtown Dev Authorit
City Of Commerce
Correction Deed
related
—
Jul 17, 2019
—
1818 Properties LLC
City Of Cmrc Downtown Dev Authori
Quit Claim Deed
related
—
Oct 21, 2011
—
Commerce Downtown Dev Authorit
City Of Commerce Downtown Dev Aut
Quit Claim Deed
related
$103,312 · Cbt
Dec 29, 2010
—
City Of Commerce
Commerce Town Square LLC
Quit Claim Deed
related
—
Dec 18, 2010
—
City Of Commerce
Commerce Town Square LLC
Quit Claim Deed
related
—
Nov 4, 2005
$130,000
Commerce Town Sq LLC
Commerce Downtown Dev Authority
Warranty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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