Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    810 Commerce SW Dr Conyers, GA 30094-6605

    • Warehouses
    • 6,400 SF
    • 0.68 lot acres
    OFF-MARKET
    Last Sale
    Nov 29, 2023
    $830,000
    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    7.7%
    Warehouses
    Location Intelligence
    Property ID
    US22-0392278
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Noble Cabinets / Furniture Maker / Millwork Shop
    • Sales International Software / Software Company
    • SELECT Kitchen Cabinet / Contractor

    Property Details for 810 Commerce SW Dr

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    0.68 lot acres
    Property size
    6,400 SF
    Zone code
    ID
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    C12-0-01-0018
    APU
    C120010018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $870,000
      ML approach
      $900,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,110,000
      6.5%
      $1,025,000
      7%
      $950,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $625,000
      Current use
      MEDICAL BUILDING
      $1,180,000
      Change: +88% Conversion: Difficult
      RETAIL STORES
      $1,020,000
      Change: +64% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $795,000
      Change: +27% Conversion: Easy
      OFFICE BUILDING
      $760,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.0218
    Latitude
    33.6553
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,937
    $23,680
    $99,920
    $123,600
    -
    $59,200
    $249,800
    $309,000

    Comparable in this City

    • Value Estimation
      $845,000
      2,720 SF

      866 Davis SE Dr

      MINI-WAREHOUSE, STORAGE • 2,720 SF
      866 Davis SE Dr, Conyers, GA 30094-5963
      View Details
    • Value Estimation
      $550,000
      23,100 SF

      1520 Parker SE Rd

      MINI-WAREHOUSE, STORAGE • 23,100 SF
      1520 Parker SE Rd, Conyers, GA 30094-5954
      View Details
    • Value Estimation
      $2,230,000
      3,040 SF

      1128 Brett SW Dr

      MINI-WAREHOUSE, STORAGE • 3,040 SF
      1128 Brett SW Dr, Conyers, GA 30094-5982
      View Details
    • Value Estimation
      $565,000
      22,500 SF

      1094 Culpepper SW Dr

      MINI-WAREHOUSE, STORAGE • 22,500 SF
      1094 Culpepper SW Dr, Conyers, GA 30094-5985
      View Details
    • Value Estimation
      $385,000
      10,000 SF

      1089 Culpepper SW Dr

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      1089 Culpepper SW Dr, Conyers, GA 30094-5995
      View Details
    • Value Estimation
      $265,000
      8,700 SF

      862 Davis SE Dr

      MINI-WAREHOUSE, STORAGE • 8,700 SF
      862 Davis SE Dr, Conyers, GA 30094-5963
      View Details

    Similar Nearby for Sale

    • $375,000

      Level Land Parcel For Sale

      4.04 acre level parcel with utilities and highway access.
      1351 Business Center Dr, Conyers, GA 30094
      View Details
    • $74,900

      3.79 Acres with Potential

      3.79 acres suitable for residential or commercial use.
      3080 Highway 212, Conyers, GA 30094
      View Details
    • $550,000
      4.25 Acres

      Conyers Land Development Opportunity

      4.25 acres suitable for residential or commercial development.
      495 Oglesby Bridge Rd SE, Conyers, GA 30094
      View Details
    • $95,995
      2.39 Acres

      Land in Desirable Conyers Neighborhood

      2+ acre lot, build your dream home, no HOA.
      3405 Monica Ln, Conyers, GA 30094
      View Details
    • $470,000
      15.50 Acres

      Conyers Land with Stream, Waterfall

      15 acre Conyers land with stream, waterfall, garden.
      2923 Hurst Rd SW, Conyers, GA 30094
      View Details
    • $70,000
      0.65 Acres

      Residential Land in Established Community

      Land for sale in a desired, established Conyers community.
      3412 Kinsley Ct, Conyers, GA 30094
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,600 SF

      Conyers Warehouse Space Available

      Multi-tenant warehouse in Conyers, GA with office space.
      Conyers, GA 30094
      View Details
    • $7 SF/Yr
      51,093 SF

      Industrial Warehouse with Office Space

      50,906 SF industrial property with warehouse, manufacturing, and office.
      1202 Royal Dr SW, Conyers, GA 30094
      View Details
    • $71 SF/Yr
      21,816 SF

      Conyers Office Space for Lease

      Prime Conyers location, flexible office solutions
      1775 Parker Rd Bldg C, Conyers, GA 30094
      View Details
    • Contact for pricing
      42,982 SF

      Conyers Retail Center

      Prime Conyers retail space available.
      875 Flat Shoals Rd, Conyers, GA 30094
      View Details
    • $2,325 /Mo
      2,325 SF

      Conyers Office Space Available

      Office space featuring multiple offices, conference rooms, and ample parking.
      1229 Royal Dr SW, Conyers, GA 30094
      View Details
    • $17 SF/Yr
      13,860 SF

      Conyers Retail Center Investment

      High-traffic retail space, Atlanta East Market
      1264 Parker Rd, Conyers, GA 30094
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    810 Commerce SW Dr
    Conyers, GA 30094-6605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.