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    Property profile & analytics

    1045 Bowersville St Royston, GA 30662-2311

    • Office Properties & Spaces
    • 1,891 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US22-0736672
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1045 Bowersville St

    Year built
    1876
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.21 lot acres
    Property size
    1,891 SF
    Zone code
    COMMERCIAL
    Property type
    Office Properties & Spaces
    APN
    R006-030
    APU
    R006030

    Description

    This 1,664 square foot executive office building in Royston, Georgia, presents a unique investment opportunity. Located at 1045 Bowersville St, this single-story, Class C building sits on a 0.21-acre lot (APN: R006-030) and boasts a completely renovated interior. Built in 1876, the property has been meticulously updated with a brand new roof, HVAC system, electrical wiring, and plumbing, providing a solid foundation for immediate occupancy. The open floor plan offers exceptional flexibility for customization, while a full bathroom adds convenience. Zoned 002, this owner-user property is ideally suited for a small business or professional office. The asking price is $240,000 ($144.23/sq ft). Its prime location near Royston's growing downtown ensures excellent visibility and accessibility. This is a chance to own a piece of history and create a truly unique workspace.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $235,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $255,000
      Mixed-Use
      $210,000
      Hospitality
      $205,000
      Educational
      $225,000
      Residential Income
      $225,000
      Energy
      $240,000
      Income-Based Land
      $215,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Royston
    County
    Franklin
    State
    Georgia
    Longitude
    -83.1102
    Latitude
    34.2877

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,024
    $11,200
    $43,710
    $54,910
    -
    $28,000
    $109,275
    $137,275

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      24 Hartwell St

      Retail properties • 3,200 SF
      24 Hartwell St, Royston, GA 30662
      View Details
    • Value Estimation by Request
      4,424 SF

      Marlin Press Rd

      OFFICE (GENERAL) • 4,424 SF
      Marlin Press Rd, Royston, GA 30662
      View Details
    • Value Estimation by Request
      2,030 SF

      30 Ml St

      OFFICE (GENERAL) • 2,030 SF
      30 Ml St, Royston, GA 30662-4127
      View Details
    • Value Estimation by Request
      1,280 SF

      69 Ml St

      OFFICE (GENERAL) • 1,280 SF
      69 Ml St, Royston, GA 30662-4125
      View Details
    • Value Estimation
      $55,000
      2,080 SF

      846 Church St

      OFFICE (GENERAL) • 2,080 SF
      846 Church St, Royston, GA 30662-4428
      View Details
    • Value Estimation
      $250,000
      1,800 SF

      264 Lee St

      OFFICE (GENERAL) • 1,800 SF
      264 Lee St, Royston, GA 30662-2720
      View Details

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    • New
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      Versatile commercial property with office and warehouse space in Royston.
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    Royston, GA 30662-2311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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