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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial land
Exchange Blvd Bethlehem, GA 30620
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3767584
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
12.2 ac (531,432 SF)
Zoning code
B-2,R-3
APN
WN16 009
UPID
US22-3767584
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Lennar Georgia LLC · 1 yrs held
Lennar Georgia LLC
since 2024
Last sale
$774,680
7 recorded transactions
Zoning & alternative use
B-2,R-3 · Bethlehem, 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 Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem 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
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Dec 27 2024)
Last sale anchor
$775k
Dec 27 2024
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
—
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
$24,543
Tax year 2024
Assessed value
$626,720
Assessed 2024
Previous assessed
$812,800
-22.9% YoY
Effective rate
3.92%
On assessed value
Assessed land
$626,720
Land market value
$1,566,800
Total market value
$1,566,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
12.2 ac (531,432 SF)
Zoning code
B-2,R-3
APN
WN16 009
UPID
US22-3767584
Jurisdiction
BARROW
Zoning & alternative use
B-2,R-3 · Bethlehem, GAZoning B-2,R-3 · permitted uses
B-2,R-3 · Bethlehem, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
12.2 ac
Current owner
From public records · entity-resolved
Lennar Georgia LLC
Entity
Free & Clear · 1 yrs held
Mailing address
EXCHANGE BLVD, GA
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
$774,680
Lennar Georgia LLC
Tpg Ag Ehc 3 Len Multi State 1 LLC
Warranty Deed
—
Aug 22, 2024
$871,515
Lennar Georgia LLC
Tpg Ag Ehc 3 Len Multi State 1 LLC
Warranty Deed
—
Jul 15, 2024
$774,680
Lennar Georgia LLC
Tpg Ag Ehc 3 Len Multi State 1 LLC
Warranty Deed
—
Apr 24, 2024
$9,362,500
Tpg Ag Ehc 3 Len Multi State 1 LLC
Lennar Georgia LLC
Limited Warranty Deed
—
Mar 11, 2024
$9,362,500
Lennar Georgia LLC
Mhb Lending LLC
Warranty Deed
—
Apr 4, 2023
$6,480,000
Winder Multifamily Owner LLC
Mhb Lending LLC
Limited Warranty Deed
—
Oct 7, 2022
$5,473,750
Mhb Lending LLC
Gateway 395 LLC
Limited Warranty Deed
$2,075,250 · Peoples Bank And Trust
Oct 7, 2022
$4,100,000
Gateway 395 LLC
Gateway Venture Partners LLC
Warranty Deed
—
Oct 7, 2022
—
Gateway At University Pkwy Comm Own
Gateway Venture Partners LLC
Warranty Deed
—
Jul 18, 2022
—
Gateway At University Parkway Comme
Gateway Venture Partners LLC
Warranty Deed
—
Jul 9, 2018
—
Gateway Venture Partners LLC
State Bank & Trust
Quit Claim Deed
related
—
Jun 29, 2018
—
Gateway Venture Partners LLC
Combs,richard F
Quit Claim Deed
related
—
Jun 29, 2018
$650,000
Milena LLC
Gateway Ventures Partners LLC
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.
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