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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Warehouses
937 Elma G Miles Pkwy, Hinesville, GA 31313-4514
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-2413323
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Total area
7,944 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C2
APN
046A 032
UPID
US22-2413323
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
Current use
Occupant on record · Public records
-
Hinesville Affordable Storage Storage Facility
-
Home Impressions and More Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Gray Line Storage Hinesville I LLC · 3 yrs held
Gray Line Storage Hinesville I LLC
since 2022
Last sale
$720,000
7 recorded transactions
Zoning & alternative use
C2 · Hinesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+30.7%
Restaurant
$900,000
+8.1%
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 Hinesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hinesville 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
$765,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$835,000
Current use
COMMERCIAL (GENERAL)
$1,090,000
Change: +31% · Conversion: Difficult
RESTAURANT
$900,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$780,000
Change: -6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$740,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $720k (Jul 29 2022)
Last sale anchor
$720k
Jul 29 2022
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
$90 / 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
$22,770
Tax year 2023
Assessed value
$79,443
Assessed 2023
Previous assessed
$79,443
+0.0% YoY
Effective rate
28.66%
On assessed value
Assessed land
$38,243
Assessed improvement
$41,200
Land market value
$95,608
Improvement market value
$103,001
Total market value
$198,609
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
1978
Heating
NONE
Buildings
2
Total area
7,944 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C2
APN
046A 032
UPID
US22-2413323
Jurisdiction
LIBERTY
Zoning & alternative use
C2 · Hinesville, GA
Zoning C2 · permitted uses
C2 · Hinesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hinesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$900,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$740,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1978
Heating
NONE
Buildings
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Gray Line Storage Hinesville I LLC
Entity
Mailing address
PO BOX 985, BYRON, GA 31008-0985
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
$2,880,000
Gray Line Storage Hinesville I LLC
Hinesville Storage Units LLC
Warranty Deed
$504,000 · Insley Investments
Jul 29, 2022
$720,000
Gray Line Storage Hinesville II LLC
Hinesville Affordable Storage LLC
Warranty Deed
—
Jul 29, 2022
—
Gray Line Storage Hinesville II LLC
Hinesville Affordable Storage LLC
Warranty Deed
—
Sep 16, 2020
$375,000
Hinesville Affordable Storage
Ronald J Stevens
Warranty Deed
—
Oct 30, 2012
$175,000
Ronald J Stevens
Glennville Bk
Warranty Deed
$230,364 · Ludowici Bk
Oct 26, 2012
$175,000
Ronald J Stevens
Glennville Bank
Grant Deed
$230,364 · Ludowici Bank
Sep 27, 2012
$175,154
Glennville Bk
Waters,dennis A JR
Trustees Deed
related
—
Sep 4, 2012
—
Glennville Bank
Waters,dennis A JR
Grant Deed
related
—
Feb 23, 2011
—
Waters Group LLC
Waters,dennis A JR
Quit Claim Deed
related
—
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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