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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
104 Blf Chase Bonaire, GA 31005-3867
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-1817119
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
WOOD
Total area
5,250 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
0W1440 041000
UPID
US22-1817119
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
-
Karen Tooker @ Elite Realtors of Georgia Real Estate Agency
-
Primary Pediatrics, P.C. Pediatrician Medical Clinic
-
Terry Franks, LLC Home Inspections Home Inspector
-
Karen Espinoza Real Estate Agency
-
Edward Jones - Financial Advisor: Parrish S Jenkins Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$545k
Owner & transaction history
Virgin Lane Properties LLC · 6 yrs held
Virgin Lane Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
C2 · Bonaire, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+34.1%
Neighborhood: shopping center
$725,000
+21.8%
Commercial (general)
$600,000
+1.0%
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 Bonaire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonaire 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
OFFICE BUILDING
$595,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$590,000
Change: -1% · Conversion: Easy
RETAIL STORES
$565,000
Change: -5% · Conversion: Moderate
WAREHOUSE, STORAGE
$540,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$104 / 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
$5,377
Tax year 2023
Assessed value
$163,080
Assessed 2023
Previous assessed
$163,080
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$36,040
Assessed improvement
$127,040
Land market value
$90,100
Improvement market value
$317,600
Total market value
$407,700
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
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
2013
Construction
WOOD
Heating
NONE
Total area
5,250 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
0W1440 041000
UPID
US22-1817119
Jurisdiction
HOUSTON
Zoning & alternative use
C2 · Bonaire, GA
Zoning C2 · permitted uses
C2 · Bonaire, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bonaire. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
COMMERCIAL (GENERAL)
Est. value
$600,000
MEDICAL BUILDING
Est. value
$590,000
RETAIL STORES
Est. value
$565,000
WAREHOUSE, STORAGE
Est. value
$540,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2013
Construction
WOOD
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Virgin Lane Properties LLC
Entity
Mailing address
5300 BOWMAN PARK, MACON, GA 31210-6583
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2019
$803,800
Virgin Lane Properties LLC
Wingate Custom Homes LLC
Limited Warranty Deed
$811,578 · Cadence Bank NA
Jul 23, 2018
—
Wingate Custom Homes LLC
Wingate Holdings LLC
Quit Claim Deed
related
—
Feb 12, 2018
$455,900
Wingate Holdings LLC
D & A Development LLC
Warranty Deed
$454,500 · American Pride Bank
Apr 19, 2013
—
D & A Dev LLC
—
Trustees Deed
related
$422,000 · American Pride Bank
Apr 5, 2013
$57,500
D & A Dev LLC
Sandy Run Commercial LLC
Warranty 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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