Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,855,000
Warehouses
874 Thomas Pkwy Jefferson, GA 30549-1719
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2719046
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Construction
CONCRETE
Total area
140,996 SF
Lot
29.69 ac (1,293,296 SF)
Zoning code
LI
APN
065 002G
UPID
US22-2719046
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
$10.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.42M
Blend (final)
Blend
$11.86M
Owner & transaction history
Mc874 LLC · 5 yrs held
Mc874 LLC
since 2020
Last sale
$9.9M
5 recorded transactions
Zoning & alternative use
LI · Jefferson, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI, Light Industrial, zoning district is established with the purpose of reserving certain areas with relatively level topography, adequate water and sewage facilities, and access to arterial streets for industrial operations, but where such areas proximity to residential and other districts makes it desirable to limit industrial operations to those that…
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
4,597.82 ac
Source
Realmo
Top alternative use upside
Retail stores
$15.6M
+43.6%
Auto repair, garage
$12.6M
+16.5%
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
$12,200,000
ML approach
$10,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,845,000
Current use
RETAIL STORES
$15,575,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$12,630,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$11.86M
Range $10.67M – $13.04M · ±10% · vs last sale $9.87M (Aug 12 2020)
Last sale anchor
$9.87M
Aug 12 2020
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
$84 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$162,662
Tax year 2023
Assessed value
$5,060,400
Assessed 2023
Previous assessed
$4,121,200
+22.8% YoY
Effective rate
3.21%
On assessed value
Assessed land
$1,100,640
Assessed improvement
$3,959,760
Land market value
$2,751,600
Improvement market value
$9,899,400
Total market value
$12,651,000
Applied tax rate
3.0000
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
2006
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
140,996 SF
Lot
29.69 ac (1,293,296 SF)
Zoning code
LI
APN
065 002G
UPID
US22-2719046
Jurisdiction
JACKSON
Zoning & alternative use
LI · Jefferson, GAZoning LI · permitted uses
LI · Jefferson, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI, Light Industrial, zoning district is established with the purpose of reserving certain areas with relatively level topography, adequate water and sewage facilities, and access to arterial streets for industrial operations, but where such areas proximity to residential and other districts makes it desirable to limit industrial operations to those that are not objectionable due to generation of noise, vibration, smoke, dust, gas, fumes, odors, or radiation and that do not create fire or explosion hazards or other objectionable conditions
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
4,597.82 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.8M
RETAIL STORES
Est. value
$15.6M
AUTO REPAIR, GARAGE
Est. value
$12.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
29.69 ac
Current owner
From public records · entity-resolved
Mc874 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5170 PEACHTREE RD BLDG #4, ATLANTA, GA 30341-3160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Sep 25, 2020
$9,866,000
Mc874 LLC
Stone Mtn Indl Pk INC
Grant Deed
—
Sep 25, 2020
—
Mc874 LLC
—
Deed
related
$58,000,000 · Wells Fargo Bk
Jan 6, 2010
$1,250,000
Stone Mountain Indl Park INC
Gwinnett Industries INC
Grant Deed
—
—
—
Stone Mountain Industrial Park
—
Deed Of Trust
related
$58,000,000 · Wells Fargo Bk
—
—
Mc874 LLC
—
Loan Modification
related
$58,000,000 · Wells Fargo 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 874 Thomas Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
