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Property profile & analytics
OFF-MARKET
Estimated value
$22,885,000
Industrial properties
Northpoint Pkwy, Acworth, GA 30102
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4000053
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2016
Construction
CONCRETE
Total area
171,752 SF
Lot
11.14 ac (485,258 SF)
Zoning code
LI
APN
21N06 005 N
UPID
US22-4000053
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
$16.10M
Comparable Approach
Comparable
$28.51M
Blend (final)
Blend
$22.89M
Owner & transaction history
B9 Malbec Highway 92 Phase II LLC · 2 yrs held
B9 Malbec Highway 92 Phase II LLC
since 2023
Last sale
$24.6M
4 recorded transactions
Zoning & alternative use
LI · Acworth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$31.3M
+42.3%
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 Acworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acworth 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
$30,495,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,440,000
6.5%
$16,095,000
7%
$14,945,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$21,985,000
Current use
AUTO REPAIR, GARAGE
$31,275,000
Change: +42% · Conversion: Easy
WAREHOUSE, STORAGE
$18,290,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$22.89M
Range $20.60M – $25.17M · ±10% · vs last sale $24.55M (Jul 3 2023)
Last sale anchor
$24.55M
Jul 3 2023
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
$133 / 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
$194,727
Tax year 2024
Assessed value
$7,493,240
Assessed 2024
Previous assessed
$7,493,240
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$803,503
Assessed improvement
$6,689,737
Land market value
$2,008,758
Improvement market value
$16,724,342
Total market value
$18,733,100
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 properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
RADIANT
Cooling
YES
Stories
1
Total area
171,752 SF
Lot
11.14 ac (485,258 SF)
Zoning code
LI
APN
21N06 005 N
UPID
US22-4000053
Jurisdiction
CHEROKEE
Zoning & alternative use
LI · Acworth, GA
Zoning LI · permitted uses
LI · Acworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Acworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$22.0M
AUTO REPAIR, GARAGE
Est. value
$31.3M
WAREHOUSE, STORAGE
Est. value
$18.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2016
Construction
CONCRETE
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
11.14 ac
Current owner
From public records · entity-resolved
B9 Malbec Highway 92 Phase II LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
—
B9 Malbec Highway 92 Phase II LLC
Wilmington Trust National Associati
Quit Claim Deed
related
—
Jul 3, 2023
$24,550,000
Highway 92 Ga LLC
B9 Malbec Highway 92 Phase II LLC
Warranty Deed
—
Mar 17, 2021
$20,900,000
B9 Malbec Highway 92 Phase II LLC
Majestic Highway Phase II Partners
Limited Warranty Deed
—
Feb 25, 2021
—
Majestic Highway 92 Phase II Partne
Cherokee County Development Authori
Limited Warranty 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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