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Property profile & analytics
OFF-MARKET
Estimated value
$22,715,000
Distribution centers
Nn Riv Rd, Villa Rica, GA 30180
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3998540
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
CONCRETE
Total area
217,466 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
DCD
APN
0172-01-5- -00013
UPID
US22-3998540
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
$24.56M
Comparable Approach
Comparable
$21.55M
Blend (final)
Blend
$22.72M
Owner & transaction history
Ga 1451 North River Rd De LLC · 4 yrs held
Ga 1451 North River Rd De LLC
since 2021
Last sale
$27.3M
2 recorded transactions
Zoning & alternative use
DCD · Villa Rica, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$30.6M
+56.1%
Auto repair, garage
$26.8M
+36.6%
Neighborhood: shopping center
$25.2M
+28.4%
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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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
$17,680,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,605,000
6.5%
$24,560,000
7%
$22,805,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,595,000
Current use
RETAIL STORES
$30,580,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$26,765,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$25,160,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$22.72M
Range $20.44M – $24.99M · ±10% · vs last sale $27.34M (Sep 17 2021)
Last sale anchor
$27.34M
Sep 17 2021
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
$104 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$264,778
Tax year 2024
Assessed value
$6,370,680
Assessed 2024
Previous assessed
$6,080,000
+4.8% YoY
Effective rate
4.16%
On assessed value
Assessed land
$752,000
Assessed improvement
$5,618,680
Land market value
$1,880,000
Improvement market value
$14,046,700
Total market value
$15,926,700
Applied tax rate
3.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Buildings
4
Total area
217,466 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
DCD
APN
0172-01-5- -00013
UPID
US22-3998540
Jurisdiction
DOUGLAS
Zoning & alternative use
DCD · Villa Rica, GA
Zoning DCD · permitted uses
DCD · Villa Rica, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Rica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$19.6M
RETAIL STORES
Est. value
$30.6M
AUTO REPAIR, GARAGE
Est. value
$26.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
CONCRETE
Heating
NONE
Buildings
4
Lot
23.5 ac
Current owner
From public records · entity-resolved
Ga 1451 North River Rd De LLC
Entity
Mailing address
450 PARK AVE FL #9, NEW YORK, NY 10022-2741
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2021
$27,340,000
Ga 1451 North River Rd De LLC
Riverside West Owner LLC
Warranty Deed
$430,000,000 · Morgan Stanley Bank
—
—
Riverside West Owner LLC
—
Deed Of Trust
related
$589,300,000 · Jp Morgan Chase Bk
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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