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Property profile & analytics
OFF-MARKET
Distribution centers
802 Broadway St Griffin, GA 30223-3716
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0983389
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1921
Construction
WOOD FRAME
Total area
1,920 SF
Lot
0.53 ac (23,087 SF)
Zoning code
PID
APN
019 -03-005
UPID
US22-0983389
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
Karmi Oil LLC · 1 yrs held
Karmi Oil LLC
since 2025
5 recorded transactions
Zoning & alternative use
PID · Griffin, 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$1,021
Tax year 2023
Assessed value
$26,449
Assessed 2023
Previous assessed
$26,449
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$8,480
Assessed improvement
$17,969
Land market value
$21,200
Improvement market value
$44,922
Total market value
$66,122
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1921
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Total area
1,920 SF
Lot
0.53 ac (23,087 SF)
Zoning code
PID
APN
019 -03-005
UPID
US22-0983389
Jurisdiction
SPALDING
Zoning & alternative use
PID · Griffin, GA
Zoning PID · permitted uses
PID · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1921
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Karmi Oil LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1160 MERIWETHER ST, GRIFFIN, GA 30224-4031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 19, 2025
$135,000
Karmi Oil LLC
Eastside Petroleum Co INC
Deed
—
Nov 12, 2020
—
Eastside Petroleum Co
Batton-jackson Oil Co INC
Quit Claim Deed
related
—
Jul 17, 2020
$30,000
Eastside Petroleum Co
Tax Commissioner / Spalding Cn|batton Oil
Correction Deed
—
Feb 23, 2016
$30,000
Eastside Petroleum INC
Ex Officio Sheriff Of Spalding Cn
Trustees Deed
—
—
—
Batton Jackson Oil Co INC
—
Deed Of Trust
related
$50,137 · Dave Lamb Enterprises INC
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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