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Property profile & analytics
OFF-MARKET
Flex space
84 Donald Alexander Rd Cleveland, GA 30528-5905
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-2404660
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Construction
FRAME
Total area
888 SF
Lot
1.41 ac (61,420 SF)
Zoning code
R1
APN
050 151
UPID
US22-2404660
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
Greg V Mckenna · 3 yrs held
Greg V Mckenna
since 2022
Last sale
$69,920
7 recorded transactions
Zoning & alternative use
R1 · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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 2024Property tax & assessments
Tax year 2024
Tax billed
$621
Tax year 2024
Assessed value
$29,788
Assessed 2024
Previous assessed
$29,880
-0.3% YoY
Effective rate
2.08%
On assessed value
Assessed land
$17,208
Assessed improvement
$12,580
Land market value
$43,020
Improvement market value
$31,450
Total market value
$74,470
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
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
888 SF
Lot
1.41 ac (61,420 SF)
Zoning code
R1
APN
050 151
UPID
US22-2404660
Jurisdiction
WHITE
Zoning & alternative use
R1 · Cleveland, GA
Zoning R1 · permitted uses
R1 · Cleveland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Greg V Mckenna
Individual
Mailing address
84 DONALD ALEXANDER RD, CLEVELAND, GA 30528-5905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
$69,920
Greg V Mckenna
Laura L Mitchell
Warranty Deed
—
Dec 27, 2017
$60,000
Laura L Mitchell
Harris,jonathan L
Grant Deed
—
Sep 25, 2017
—
Jonathan L Harris
—
Deed
related
$55,073 · South St Bk
Dec 3, 2010
$135,000
Deavie A Sims
Harris,jonathan L
Warranty Deed
—
Dec 1, 2010
$135,000
Deavie A Sims
Harris,jonathan Lee
Grant Deed
—
Feb 20, 2009
—
Jonathan L Harris
—
Trustees Deed
related
$71,445 · Community Bank & Trust Co
—
—
Jonathan L Harris
—
Loan Modification
related
$64,488 · South St Bk
—
—
Jonathan Lee Harris
—
Deed Of Trust
related
$56,000 · Discover Bank
—
—
Jonathan L Harris
—
Loan Modification
related
$41,020 · Habersham Bank
—
—
Deavie A Sims
—
Deed Of Trust
related
$90,808 · Bank Of Ga
—
—
Jonathan L Harris
—
Loan Modification
related
$55,073 · South St Bk
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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