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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Warehouses
Southview Dr Waynesboro, GA 30830
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-2701840
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1950
Construction
FRAME
Total area
10,400 SF
Lot
8 ac (348,480 SF)
Zoning code
D
APN
074-023
UPID
US22-2701840
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
$791k
Blend (final)
Blend
$855k
Owner & transaction history
Robert Kipton Jones · 2 yrs held
Robert Kipton Jones
since 2024
4 recorded transactions
Zoning & alternative use
D · Waynesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To establish a district on the fringe of urban growth where the predominant character of development has not yet been fully established, but where the current characteristics of use are predominantly residential and agricultural
Zone name
Development District
General category
RESIDENTIAL
Zone area
400.22 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.1M
+115.3%
Auto repair, garage
$1.1M
+113.4%
Retail stores
$680,000
+31.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
RESTAURANT
$1,115,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,105,000
Change: +113% · Conversion: Easy
RETAIL STORES
$680,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$855k
Range $770k – $941k · ±10%
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
$82 / 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
$3,955
Tax year 2023
Assessed value
$132,556
Assessed 2023
Previous assessed
$132,556
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$32,000
Assessed improvement
$100,556
Land market value
$80,000
Improvement market value
$251,390
Total market value
$331,390
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
1950
Construction
FRAME
Heating
NONE
Buildings
3
Total area
10,400 SF
Lot
8 ac (348,480 SF)
Zoning code
D
APN
074-023
UPID
US22-2701840
Jurisdiction
BURKE
Zoning & alternative use
D · Waynesboro, GAZoning D · permitted uses
D · Waynesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To establish a district on the fringe of urban growth where the predominant character of development has not yet been fully established, but where the current characteristics of use are predominantly residential and agricultural
Zone name
Development District
General category
RESIDENTIAL
Zone area
400.22 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$515,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$680,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1950
Construction
FRAME
Heating
NONE
Buildings
3
Lot
8 ac
Current owner
From public records · entity-resolved
Robert Kipton Jones
Individual
Free & Clear · 2 yrs held
Mailing address
135 LK BLF DR, WAYNESBORO, GA 30830-5418
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Robert Kipton Jones
Elizabeth Kirkland Jones Living Tru
Trustees Deed
related
—
Jun 26, 2024
—
Robert Kipton Jones
Elizabeth Kirkland Jones Living Tru
Trustees Deed
related
—
Jan 25, 2022
—
Robert Kipton Jones
Elizabeth Kirkland Jones
Warranty Deed
related
—
Dec 7, 2016
—
Clifford Jones
Jones,clifford
Quit Claim Deed
related
—
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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