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Property profile & analytics
OFF-MARKET
Estimated value
$13,375,000
Distribution centers
7523 Southlake Pkwy Jonesboro, GA 30236-2496
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1448504
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Total area
140,296 SF
Lot
6.73 ac (293,159 SF)
Zoning code
HI
APN
12-049B- B-004
UPID
US22-1448504
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
-
GXO Logistics Company Freight Service
-
New Breed Logistics Inc Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.19M
CAP Approach
CAP
$15.85M
Comparable Approach
Comparable
$13.92M
Blend (final)
Blend
$13.38M
Owner & transaction history
Exeter 7523 Southlake LLC · 2 yrs held
Exeter 7523 Southlake LLC
since 2023
Last sale
$12.9M
6 recorded transactions
Zoning & alternative use
HI · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.0M
+51.1%
Neighborhood: shopping center
$20.6M
+48.3%
Commercial (general)
$19.4M
+40.2%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$14,740,000
ML approach
$9,190,000
CAP Approach
CAP Return
Estimation
6%
$17,165,000
6.5%
$15,845,000
7%
$14,715,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,865,000
Current use
OFFICE BUILDING
$20,950,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$20,560,000
Change: +48% · Conversion: Moderate
COMMERCIAL (GENERAL)
$19,445,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$13.38M
Range $12.04M – $14.71M · ±10% · vs last sale $12.90M (Jul 31 2023)
Last sale anchor
$12.90M
Jul 31 2023
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
$95 / 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
$75,677
Tax year 2024
Assessed value
$2,873,800
Assessed 2024
Previous assessed
$1,939,840
+48.1% YoY
Effective rate
2.63%
On assessed value
Assessed land
$145,360
Assessed improvement
$2,728,440
Land market value
$363,400
Improvement market value
$6,821,100
Total market value
$7,184,500
Applied tax rate
8.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1987
Heating
NONE
Total area
140,296 SF
Lot
6.73 ac (293,159 SF)
Zoning code
HI
APN
12-049B- B-004
UPID
US22-1448504
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Jonesboro, GA
Zoning HI · permitted uses
HI · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.9M
OFFICE BUILDING
Est. value
$21.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.6M
COMMERCIAL (GENERAL)
Est. value
$19.4M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (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
1987
Heating
NONE
Lot
6.73 ac
Current owner
From public records · entity-resolved
Exeter 7523 Southlake LLC
Entity
Free & Clear · 2 yrs held
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
—
Exeter 7523 Southlake LLC
—
Deed
related
$128,000,000 · Webster Bank
Jul 31, 2023
$12,900,000
Exeter 7523 Southlake LLC
Platinum Owner Ga LLC
Warranty Deed
—
Dec 29, 2020
$9,000,000
Platinum Owner Ga LLC
7523 Southlake Parkway Invtrs
Grant Deed
related
$695,000,000 · Barclays Cap R/e
Jun 23, 2017
$4,100,000
7523 Southlake Parkway Invtrs
Crp-2 Mid-south Industrial LLC
Grant Deed
$2,645,000 · Miscellaneous Ins Co
Nov 1, 2007
$4,950,000
Crp-2mid-south Industrisl LLC
Rreef America Reit II Corp
Grant Deed
$105,924,000 · Prudential Insurance Co
—
—
Crp-2 Mid-south Industrial LLC
—
Deed Of Trust
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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