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Property profile & analytics
OFF-MARKET
Estimated value
$22,560,000
Manufacturing properties
940 Sherwin Pkwy Buford, GA 30518-9052
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0033984
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2007
Construction
WOOD FRAME
Total area
143,000 SF
Lot
41.3 ac (1,799,028 SF)
Zoning code
M-I
APN
08-158 -001-013
UPID
US22-0033984
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
-
Hometown Heating & Air HVAC Service General Contractor
-
Performance Mobile Wash Car Wash
-
iAccess Global Mail Factory Production Facility
-
Health Department Store
-
SETZER Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$30.28M
Blend (final)
Blend
$22.56M
Owner & transaction history
Prologis · 20 yrs held
Prologis
since 2006
1 recorded transaction
Zoning & alternative use
M-I · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$29.9M
+50.8%
Medical building
$28.5M
+43.5%
Office building
$22.9M
+15.6%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$19,825,000
Current use
AUTO REPAIR, GARAGE
$29,890,000
Change: +51% · Conversion: Easy
MEDICAL BUILDING
$28,455,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$22,920,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$22,525,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$22,150,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$22.56M
Range $20.30M – $24.82M · ±10%
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
$158 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$322,588
Tax year 2024
Assessed value
$15,394,320
Assessed 2024
Previous assessed
$22,096,880
-30.3% YoY
Effective rate
2.10%
On assessed value
Assessed land
$152,749
Assessed improvement
$15,241,571
Land market value
$381,872
Improvement market value
$38,103,928
Total market value
$38,485,800
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2007
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Total area
143,000 SF
Lot
41.3 ac (1,799,028 SF)
Zoning code
M-I
APN
08-158 -001-013
UPID
US22-0033984
Jurisdiction
HALL
Zoning & alternative use
M-I · Buford, GA
Zoning M-I · permitted uses
M-I · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$19.8M
AUTO REPAIR, GARAGE
Est. value
$29.9M
MEDICAL BUILDING
Est. value
$28.5M
OFFICE BUILDING
Est. value
$22.9M
WAREHOUSE, STORAGE
Est. value
$22.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Lot
41.3 ac
Current owner
From public records · entity-resolved
Prologis
Individual
Free & Clear · 20 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2006
$1,985,000
Prologis
Friendship,business Park L
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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