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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Assisted living facilities
10050 Eagle Dr Covington, GA 30014-3804
Individually Owned
9-yr Hold
Free & Clear
Property ID
US22-2807930
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Total area
63,914 SF
Lot
7.04 ac (306,662 SF)
Zoning code
COMMERCIAL
APN
C0820-00000-048-000
UPID
US22-2807930
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
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Guardian Angel Assisted Living · 9 yrs held
Guardian Angel Assisted Living
since 2017
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$14 / 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
$67,212
Tax year 2023
Assessed value
$2,068,200
Assessed 2023
Previous assessed
$2,068,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$126,720
Assessed improvement
$1,941,480
Land market value
$316,800
Improvement market value
$4,853,700
Total market value
$5,170,500
Applied tax rate
2.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Total area
63,914 SF
Lot
7.04 ac (306,662 SF)
Zoning code
COMMERCIAL
APN
C0820-00000-048-000
UPID
US22-2807930
Jurisdiction
NEWTON
Zoning & alternative use
COMMERCIAL · Covington, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$885,000
INDUSTRIAL (GENERAL)
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
2018
Heating
CENTRAL
Cooling
Yes
Lot
7.04 ac
Current owner
From public records · entity-resolved
Guardian Angel Assisted Living
Individual
Free & Clear · 9 yrs held
Mailing address
3237 SATELLITE BLVD STE #425, DULUTH, GA 30096-9009
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2017
—
Guardian Angel Assisted Living
—
Deed
related
$11,539,269 · Servisfirst Bk
Feb 27, 2017
—
Guardian Angel Assisted Living
Chandler & Brown LLC
Quit Claim Deed
related
—
Feb 27, 2017
$1,750,000
Guardian Angel Assisted Living
Chandler & Brown LLC
Grant Deed
—
Jun 5, 2015
$350,000
Chandler & Brown LLC
Hay Of Fowler Lllp
Grant Deed
$350,000 · Chandler & Brown LLC
Nov 10, 2014
$80,000
Hay Of Fowler Lllp
Hay,sam B JR
Warranty Deed
related
—
—
—
Guardian Angel Assisted Living
—
Deed Of Trust
related
$11,539,269 · Servisfirst 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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