Technical
Financial
Distress signals
Property profile

985 Memorial Dr Griffin, GA 30223

OFF-MARKET
Distribution centers
Property ID
US22-1508323
4,500 SF 1.5 ac lot Built 1988
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1988
Construction STEEL FRAME
Total area 4,500 SF
Lot 1.5 ac (65,340 SF)
Zoning code PCD
APN 020 -02-014-B
UPID US22-1508323

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

985 Memorial Dr Griffin, GA 30223-4405
Griffin metro Census 160900 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2008
Price N/A

Zoning & alternative use

PCD · Griffin, GA
Zoning description

It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thoroughfares; to promote and encourage the infill of commercial uses between existing…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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