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Property profile & analytics
OFF-MARKET Estimated value $570,000
Office Spaces

Old Riv Rd Bloomingdale, GA 31302

2,806 SF 77.66 ac lot Built 1989
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US22-3072559
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1989
Construction STEEL FRAME
Total area 2,806 SF
Lot 77.66 ac (3,382,870 SF)
Zoning code I-1
APN 3300009
UPID US22-3072559
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
$645k
CAP Approach CAP
$490k
Comparable Approach Comparable
$695k
Blend (final) Blend
$570k
Owner & transaction history
Simpson Lumber Company LLC · 16 yrs held
Simpson Lumber Company LLC
since 2009
2 recorded transactions
2009
Price N/A
2008
$4.3M
Zoning & alternative use
I-1 · Bloomingdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

52-718 I-1-Intensive Industrial 52-718 A. - Intent. It shall be the intent of this zoning district to promote and encourage the development and continued use of Intensive industrial businesses in the City of Bloomingdale. This district is intended to provide for the location of primarily warehousing, trucking companies, truck terminal, container yards/storag…

Zone name Intensive Industrial
General category INDUSTRIAL
Zone area 333.19 ac
Source CITY OF BLOOMINGDALE, ga
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