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Property profile & analytics
OFF-MARKET
Office Spaces
1045 Bowersville St Royston, GA 30662-2311
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0736672
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1876
Construction
TYPE NOT SPECIFIED
Total area
1,891 SF
Lot
0.21 ac (9,148 SF)
Zoning code
COMMERCIAL
APN
R006-030
UPID
US22-0736672
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Skygra LLC · 6 yrs held
Skygra LLC
since 2019
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Royston, 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 Royston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,024
Tax year 2023
Assessed value
$54,910
Assessed 2023
Previous assessed
$43,876
+25.1% YoY
Effective rate
3.69%
On assessed value
Assessed land
$11,200
Assessed improvement
$43,710
Land market value
$28,000
Improvement market value
$109,275
Total market value
$137,275
Applied tax rate
3.0000
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
1876
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,891 SF
Lot
0.21 ac (9,148 SF)
Zoning code
COMMERCIAL
APN
R006-030
UPID
US22-0736672
Jurisdiction
FRANKLIN
Zoning & alternative use
COMMERCIAL · Royston, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Royston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1876
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Skygra LLC
Entity
Mailing address
2145 OLD WINDER JEFFERSON HWY, JEFFERSON, GA 30549-4565
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
$108,500
Skygra LLC
Robert J JR
Warranty Deed
$91,500 · Robert J JR & Candy Miller
Sep 20, 2005
—
Robert J Miller JR.
—
Trustees Deed
related
$16,000 · Myron D & Penny L Sellers
—
—
Robert J Miller JR.
—
Deed Of Trust
related
$92,872 · Pinnacle Bank
—
—
Robert J Miller JR.
—
Loan Modification
related
$91,392 · Pinnacle Bank
—
—
Robert J Miller
—
Loan Modification
related
$91,392 · Pinnacle Bank
—
—
Robert J Miller JR.
—
Deed Of Trust
related
$91,500 · Thomastrimm Patricia Ann
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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