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Property profile & analytics
OFF-MARKET
Estimated value
$2,635,000
Office buildings
1006 3rd Ave West Point, GA 31833
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1315668
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Total area
17,852 SF
Lot
1.26 ac (54,886 SF)
Zoning code
17-CBD
APN
0943B017001
UPID
US22-1315668
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
Current use
Occupant on record · Public records
-
Point University Skyhawk Landing (Student Resident) College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
$3.43M
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$2.64M
Owner & transaction history
Dovebird LLC · 1 yrs held
Dovebird LLC
since 2025
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
17-CBD · West Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+106.9%
Auto repair, garage
$2.4M
+12.5%
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 West Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Point 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
$2,515,000
ML approach
$2,270,000
CAP Approach
CAP Return
Estimation
6%
$3,710,000
6.5%
$3,425,000
7%
$3,180,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,090,000
Current use
RESTAURANT
$4,330,000
Change: +107% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,355,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,980,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$2.64M
Range $2.37M – $2.90M · ±10% · vs last sale $2.68M (Dec 22 2022)
Last sale anchor
$2.68M
Dec 22 2022
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
$148 / 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
$43,453
Tax year 2023
Assessed value
$1,084,480
Assessed 2023
Previous assessed
$14,679
+7,288.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$30,240
Assessed improvement
$1,054,240
Land market value
$75,600
Improvement market value
$2,635,600
Total market value
$2,711,200
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
3
Total area
17,852 SF
Lot
1.26 ac (54,886 SF)
Zoning code
17-CBD
APN
0943B017001
UPID
US22-1315668
Jurisdiction
TROUP
Zoning & alternative use
17-CBD · West Point, GAZoning 17-CBD · permitted uses
17-CBD · West Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING 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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.26 ac
Current owner
From public records · entity-resolved
Dovebird LLC
Entity
Mailing address
507 W 10TH ST, WEST POINT, GA 31833-1200
Ownership since
2025
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
Jun 6, 2025
$3,075,000
Dovebird LLC
Dpp Properties LLC
Deed
$2,150,000 · Colony Bank
Dec 22, 2022
$2,675,000
Dpp Properties LLC
U Properties LLC
Warranty Deed
—
Dec 16, 2022
$120,000
Frazier Parr Ventures LLC
Pu Properties LLC
Warranty Deed
—
Jan 30, 2017
$1,250,000
Pu Properties LLC
J Smith Lanier & Co
Grant 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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