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Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Warehouses
Hwy 56th N Waynesboro, GA 30830
Entity Owned
19-yr Hold
Free & Clear
Property ID
US22-2777386
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1956
Construction
CONCRETE
Total area
183,158 SF
Lot
45.92 ac (2,000,275 SF)
Zoning code
I-2
APN
073A-018
UPID
US22-2777386
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
$2.07M
Owner & transaction history
Eastmeda Properties LLC · 19 yrs held
Eastmeda Properties LLC
since 2007
3 recorded transactions
Zoning & alternative use
I-2 · Waynesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide areas for basic and heavy industrial and related uses, to encourage the proper design, placement, and grouping of industrial uses, and to protect adjacent districts from potentially harmful effects
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
224.45 ac
Source
Realmo
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 Waynesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesboro 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
$11 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,572
Tax year 2023
Assessed value
$488,467
Assessed 2023
Previous assessed
$488,467
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$111,840
Assessed improvement
$376,627
Land market value
$279,600
Improvement market value
$941,568
Total market value
$1,221,168
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Total area
183,158 SF
Lot
45.92 ac (2,000,275 SF)
Zoning code
I-2
APN
073A-018
UPID
US22-2777386
Jurisdiction
BURKE
Zoning & alternative use
I-2 · Waynesboro, GAZoning I-2 · permitted uses
I-2 · Waynesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide areas for basic and heavy industrial and related uses, to encourage the proper design, placement, and grouping of industrial uses, and to protect adjacent districts from potentially harmful effects
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
224.45 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Lot
45.92 ac
Current owner
From public records · entity-resolved
Eastmeda Properties LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 448, WAYNESBORO, GA 30830-0448
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2018
—
Eastmead Properties LLC
—
Deed
related
$801,000 · Queensborough Nat'l Bk&tr
Mar 20, 2007
$1,250,000
Eastmeda Properties LLC
Schwank INC
Grant Deed
—
—
—
Eastmead Properties LLC
—
Loan Modification
related
$801,000 · Queensborough Nat'l Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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