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Property profile & analytics
OFF-MARKET
Estimated value
$4,280,000
Industrial land
Highway 16, GA
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2619930
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
449.26 ac (19,569,766 SF)
Zoning code
P-M
APN
00020-001-000
UPID
US22-2619930
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
$4.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.28M
Owner & transaction history
Gdci River Park 2 LP · 2 yrs held
Gdci River Park 2 LP
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
P-M · 16, 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 16 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 16 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
$4,280,000
ML approach
$4,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.28M
Range $3.85M – $4.71M · ±10% · vs last sale $4.28M (Feb 16 2024)
Last sale anchor
$4.28M
Feb 16 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,358
Tax year 2023
Assessed value
$1,168,076
Assessed 2023
Previous assessed
$1,168,076
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$1,168,076
Land market value
$2,920,190
Total market value
$2,920,190
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
449.26 ac (19,569,766 SF)
Zoning code
P-M
APN
00020-001-000
UPID
US22-2619930
Jurisdiction
BUTTS
Zoning & alternative use
P-M · 16, GA
Zoning P-M · permitted uses
P-M · 16, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
16. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
449.26 ac
Current owner
From public records · entity-resolved
Gdci River Park 2 LP
Entity
Free & Clear · 2 yrs held
Mailing address
W HIGHWAY, 16, GA
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
—
Gdci River Park 2 LP
River Park Industrial LLC
Quit Claim Deed
related
—
Jul 14, 2023
$4,281,750
Gdci River Park 2 LP
River Park Industrial LLC
Limited Warranty Deed
$450,000,000 · Government Cfc Abnd Cobank
Sep 1, 2022
$12,648,000
River Park Site 10 Jv LP
River Park Industrial LLC
Warranty Deed
—
Jun 22, 2022
$26,510,288
Procter & Gamble Distributing LLC
River Park Industrial LLC
Warranty Deed
—
Feb 24, 2022
$10,503,000
River Park Site 6 Jv LP
River Park Industrial LLC
Warranty Deed
—
Aug 12, 2021
$27,063,000
River Park Industrial LLC
Lgs Industrial LLC
Limited Warranty Deed
—
Jul 30, 2021
$13,500,000
Cubes At River Park LLC
Lgs Industrial LLC
Warranty Deed
—
Oct 3, 2019
$6,879,300
Lgs Industrial LLC
Fletcher,richard M & Van M
Grant Deed
—
Oct 3, 2019
—
Lgs Industrial LLC
Fletcher,william L SR & William L JR
Quit Claim Deed
related
—
Oct 3, 2019
$1,718,800
Lgs Industrial LLC
Fletcher,william L SR
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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