Back to Search
Property profile & analytics
FOR SALE
Commercial land
Bill Conn Pkwy Gray, GA 31032
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2472430
For Sale
1 / 2
$249,000
Bill Conn Pkwy, Gray, GA 31032
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.74 ac (32,234 SF)
Zoning code
2
APN
G07 00 046E
UPID
US22-2472430
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Warehouse Home Furnishings Distribu · 5 yrs held
Warehouse Home Furnishings Distribu
since 2021
7 recorded transactions
Zoning & alternative use
2 · Gray, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gray 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$624
Tax year 2023
Assessed value
$13,320
Assessed 2023
Previous assessed
$13,320
+0.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$13,320
Land market value
$33,300
Total market value
$33,300
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
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.74 ac (32,234 SF)
Zoning code
2
APN
G07 00 046E
UPID
US22-2472430
Jurisdiction
JONES
Zoning & alternative use
2 · Gray, GA
Zoning 2 · permitted uses
2 · Gray, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gray. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.74 ac
Current owner
From public records · entity-resolved
Warehouse Home Furnishings Distribu
Individual
Free & Clear · 5 yrs held
Mailing address
1851 TELFAIR ST, DUBLIN, GA 31021-3118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
—
Warehouse Home Furnishings Distribu
Wtp Retail LLC
Limited Warranty Deed
—
May 13, 2020
—
Wtp Retail LLC
Jones Central LLC
Quit Claim Deed
—
Jan 24, 2018
—
Jones Central LLC
Rollins,sherrie B
Quit Claim Deed
related
—
Dec 21, 2012
$390,000
Brianna S Mcwilliams
Carden,shelly P & Donald J
Grant Deed
$297,237 · Morris Bank
Dec 30, 2010
$84,000
Wisconsin Mining & Machine Co
Jones Central LLC
Grant Deed
—
Dec 13, 2010
—
City Of Gray
Jones Central LLC
Grant Deed
related
—
Oct 12, 2010
—
Water Tower Park Invs LLC
Jones Central LLC
Warranty 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.
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?”
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.
