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Property profile & analytics
OFF-MARKET
Estimated value
$22,230,000
Industrial properties
965 Douglas Hls Rd Lithia Springs, GA 30122-3652
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3341118
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2019
Construction
CONCRETE
Total area
261,930 SF
Lot
21.83 ac (950,915 SF)
Zoning code
R-A
APN
0859-18-2- -00004
UPID
US22-3341118
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
$24.55M
Comparable Approach
Comparable
$24.76M
Blend (final)
Blend
$22.23M
Owner & transaction history
Pr Factory Shoals I LLC · 5 yrs held
Pr Factory Shoals I LLC
since 2020
Last sale
$21.0M
4 recorded transactions
Zoning & alternative use
R-A · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$36.8M
+57.5%
Auto repair, garage
$32.2M
+37.8%
Neighborhood: shopping center
$30.3M
+29.6%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$19,835,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,595,000
6.5%
$24,550,000
7%
$22,795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$23,395,000
Current use
RETAIL STORES
$36,835,000
Change: +57% · Conversion: Moderate
AUTO REPAIR, GARAGE
$32,240,000
Change: +38% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$30,305,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$23,600,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$22.23M
Range $20.01M – $24.45M · ±10% · vs last sale $21.00M (Aug 28 2020)
Last sale anchor
$21.00M
Aug 28 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
$85 / 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
$214,269
Tax year 2024
Assessed value
$6,810,200
Assessed 2024
Previous assessed
$7,673,240
-11.2% YoY
Effective rate
3.15%
On assessed value
Assessed land
$240,120
Assessed improvement
$6,570,080
Land market value
$600,300
Improvement market value
$16,425,200
Total market value
$17,025,500
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
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Total area
261,930 SF
Lot
21.83 ac (950,915 SF)
Zoning code
R-A
APN
0859-18-2- -00004
UPID
US22-3341118
Jurisdiction
DOUGLAS
Zoning & alternative use
R-A · Lithia Springs, GAZoning R-A · permitted uses
R-A · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$23.4M
RETAIL STORES
Est. value
$36.8M
AUTO REPAIR, GARAGE
Est. value
$32.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$30.3M
WAREHOUSE, STORAGE
Est. value
$23.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2019
Construction
CONCRETE
Heating
NONE
Lot
21.83 ac
Current owner
From public records · entity-resolved
Pr Factory Shoals I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3RD FL FL FL #3, MADISON, NJ 07940
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
$21,000,000
Pr Factory Shoals I LLC
Realty Viii-lpc I Atlanta F Ch
Grant Deed
—
Jul 3, 2018
—
Rock Hse Road Dev Acquisition
Factory Shoals Investments LLC
Quit Claim Deed
related
—
Aug 30, 2010
—
Factory Shoals Investments LLC
Smith,jimmy R
Grant Deed
related
—
Jan 29, 2004
—
Jimmy R Etal Smith
Smith,jimmy R
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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