New search
Property profile & analytics
FOR SALE
Warehouses
740 Martin Luther King Jr Blvd, Elberton, GA 30635
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0743478
For Sale
1 / 41
$449,900
740 Martin Luther King Jr Blvd, Elberton, GA 30635
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
STEEL FRAME
Total area
9,600 SF
Lot
1.42 ac (61,855 SF)
Zoning code
ELBERTON
APN
E24 004D
UPID
US22-0743478
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
by Request
Owner & transaction history
Hvac Hartwell LLC · 1 yrs held
Hvac Hartwell LLC
since 2024
Last sale
$301,000
7 recorded transactions
Zoning & alternative use
ELBERTON · Elberton, 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 Elberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elberton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,941
Tax year 2023
Assessed value
$119,544
Assessed 2023
Previous assessed
$119,544
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$19,880
Assessed improvement
$99,664
Land market value
$49,700
Improvement market value
$249,160
Total market value
$298,860
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
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
1999
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
9,600 SF
Lot
1.42 ac (61,855 SF)
Zoning code
ELBERTON
APN
E24 004D
UPID
US22-0743478
Jurisdiction
ELBERT
Zoning & alternative use
ELBERTON · Elberton, GA
Zoning ELBERTON · permitted uses
ELBERTON · Elberton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elberton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
1.42 ac
Current owner
From public records · entity-resolved
Hvac Hartwell LLC
Entity
Mailing address
740 MARTIN LUTHER KING JR BLVD, ELBERTON, GA 30635-4574
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
$301,000
Hvac Hartwell LLC
Dgr LLC
Warranty Deed
—
Sep 9, 2024
$186,877
Dgr LLC
William E Simpkins
Warranty Deed
—
Sep 9, 2022
—
William E Simpkins
William E Simpkins LLC
Warranty Deed
—
Aug 22, 2022
—
William E Simpkins
—
Deed
related
$304,583 · Banksouth
Apr 7, 2022
$360,000
William E Simpkins
Star Granite Co INC
Warranty Deed
—
Apr 7, 2022
—
William E Simpkins LLC
William E Simpkins
Warranty Deed
—
Aug 2, 2010
—
Adams Family Trust
Granite City Rent All LLC
Foreclosure
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
