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Property profile & analytics
OFF-MARKET
Estimated value
$5,260,000
Office Spaces
102 Midway Rd Cordele, GA 31015-9166
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2855768
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Construction
CONCRETE
Total area
96,726 SF
Lot
49.27 ac (2,146,201 SF)
Zoning code
II
APN
C36-001
UPID
US22-2855768
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
$5.33M
Blend (final)
Blend
$5.26M
Owner & transaction history
Cordele 102 LLC · 2 yrs held
Cordele 102 LLC
since 2023
4 recorded transactions
Zoning & alternative use
II · Cordele, 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 Cordele submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordele 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
Blend value · Realmo final
$5.26M
Range $4.73M – $5.79M · ±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
$54 / 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
$32,996
Tax year 2023
Assessed value
$880,066
Assessed 2023
Previous assessed
$880,066
+0.0% YoY
Effective rate
3.75%
On assessed value
Assessed land
$138,540
Assessed improvement
$741,526
Land market value
$346,350
Improvement market value
$1,853,814
Total market value
$2,200,164
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
RADIANT
Cooling
CENTRAL
Total area
96,726 SF
Lot
49.27 ac (2,146,201 SF)
Zoning code
II
APN
C36-001
UPID
US22-2855768
Jurisdiction
CRISP
Zoning & alternative use
II · Cordele, GA
Zoning II · permitted uses
II · Cordele, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordele. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
RADIANT
Cooling
Yes
Lot
49.27 ac
Current owner
From public records · entity-resolved
Cordele 102 LLC
Entity
Mailing address
102 N MIDWAY RD, CORDELE, GA 31015-9166
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 19, 2023
—
Cordele 102 LLC
Lineage Logistics LLC
Warranty Deed
$1,906,000 · Florida Business Development
Jan 25, 2023
—
Lineage Logistics LLC
Lineage Se Re LLC
Limited Warranty Deed
—
May 15, 2019
—
Lineage Se Re LLC
—
Deed
related
$147,480,064 · Column Financial
Mar 23, 2018
$2,176,600
Lineage Se Re LLC
Southeast Frozen Foods Co
Warranty Deed
$157,000,000 · Goldman Sachs Bank USA
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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