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Property profile & analytics
OFF-MARKET
Estimated value
$12,015,000
Refrigerated & Cold Storage
737 Douglas Hls Rd Lithia Springs, GA 30122-3606
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2735941
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2018
Construction
CONCRETE
Total area
174,344 SF
Lot
11.76 ac (512,266 SF)
Zoning code
LI-R
APN
0876-18-2- -00003
UPID
US22-2735941
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.02M
Owner & transaction history
Douglas County Ga · 14 yrs held
Douglas County Ga
since 2011
5 recorded transactions
Zoning & alternative use
LI-R · Lithia Springs, 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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$15,710,000
Current use
INDUSTRIAL (GENERAL)
$15,570,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$12.02M
Range $10.81M – $13.22M · ±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
$69 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$195,106
Tax year 2024
Assessed value
$6,201,120
Assessed 2024
Previous assessed
$6,201,120
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$376,320
Assessed improvement
$5,824,800
Land market value
$940,800
Improvement market value
$14,562,000
Total market value
$15,502,800
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Buildings
6
Total area
174,344 SF
Lot
11.76 ac (512,266 SF)
Zoning code
LI-R
APN
0876-18-2- -00003
UPID
US22-2735941
Jurisdiction
DOUGLAS
Zoning & alternative use
LI-R · Lithia Springs, GAZoning LI-R · permitted uses
LI-R · Lithia Springs, 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
$15.7M
INDUSTRIAL (GENERAL)
Est. value
$15.6M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2018
Construction
CONCRETE
Heating
NONE
Buildings
6
Lot
11.76 ac
Current owner
From public records · entity-resolved
Douglas County Ga
Entity
Free & Clear · 14 yrs held
Mailing address
6831 E 32ND ST STE #300, INDIANAPOLIS, IN 46226-6195
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Aug 22, 2011
—
Douglas County Ga
Palmtree Portfolio I LLC
Grant Deed
related
—
Apr 1, 2008
$2,305,400
140 Overlook Avenue LLC
Polar Bear Management LLC
Grant Deed
—
Mar 26, 2008
$2,305,329
140 Overlook Avenue LLC
Polar Bear Management LLC
Grant Deed
—
Sep 14, 2007
$2,300,000
Polar Bear Management LLC
Fs Dcdc Atl LLC
Grant Deed
—
Jan 4, 2005
$1,900,000
Cfs Dcdc Atl LLC
Cobb Douglas Investors
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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