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Property profile & analytics
OFF-MARKET
Warehouses
78 Colonial Dr Toccoa, GA 30577
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-2483732
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
CONCRETE
Total area
4,620 SF
Lot
0.27 ac (11,761 SF)
Zoning code
B-II
APN
042I 073
UPID
US22-2483732
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
Robert L Smith
Robert L Smith
3 recorded transactions
Zoning & alternative use
B-II · Toccoa, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial district (B-II) is a district for general business and limited manufacturing activities, including retail sales and personal services
Zone name
Commercial Business District
General category
INDUSTRIAL
Zone area
604.56 ac
Source
Realmo
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 Toccoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toccoa 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
$1,975
Tax year 2023
Assessed value
$55,826
Assessed 2023
Previous assessed
$55,826
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$3,160
Assessed improvement
$52,666
Land market value
$7,900
Improvement market value
$131,664
Total market value
$139,564
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
Off-Market
Year built
2003
Construction
CONCRETE
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
4,620 SF
Lot
0.27 ac (11,761 SF)
Zoning code
B-II
APN
042I 073
UPID
US22-2483732
Jurisdiction
STEPHENS
Zoning & alternative use
B-II · Toccoa, GAZoning B-II · permitted uses
B-II · Toccoa, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial district (B-II) is a district for general business and limited manufacturing activities, including retail sales and personal services
Zone name
Commercial Business District
General category
INDUSTRIAL
Zone area
604.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Robert L Smith
Individual
Mailing address
2445 HWY 17TH ALT, TOCCOA, GA 30577-6696
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Robert L Smith
—
Deed Of Trust
related
$150,000 · Stephens Federal Bank
—
—
Robert L Smith JR.
—
Loan Modification
related
$55,380 · Stephens Federal Bank
—
—
Robert L Smith JR.
—
Loan Modification
related
$150,000 · Stephens Federal Bank
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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