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Property profile & analytics
OFF-MARKET
Auto shops
1055 Hanover Dr Madison, GA 30650-4605
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-3670853
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2020
Total area
2,640 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C5
APN
M12 009
UPID
US22-3670853
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
-
Georgia Plumbing Pros LLC Plumbing Service General Contractor
-
Airtekk Comfort Solutions HVAC Service General Contractor
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
Hanover Drive LLC · 5 yrs held
Hanover Drive LLC
since 2021
6 recorded transactions
Zoning & alternative use
C5 · Madison, 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$2,182
Tax year 2023
Assessed value
$75,445
Assessed 2023
Previous assessed
$75,445
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$16,000
Assessed improvement
$59,445
Land market value
$40,000
Improvement market value
$148,613
Total market value
$188,613
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2020
Total area
2,640 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C5
APN
M12 009
UPID
US22-3670853
Jurisdiction
MORGAN
Zoning & alternative use
C5 · Madison, GA
Zoning C5 · permitted uses
C5 · Madison, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Lot
0.4 ac
Current owner
From public records · entity-resolved
Hanover Drive LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2420 WEAVER JONES RD, RUTLEDGE, GA 30663-2986
Ownership since
2021
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
Mar 31, 2026
—
Airtekk Comfort Solutions LLC
—
Deed
related
$260,800 · Bank Of Madison County
Apr 20, 2021
—
Hanover Drive LLC
Airtekk Comfort Solutions LLC
Warranty Deed
—
Feb 23, 2021
$195,000
Airtekk Comfort Solutions LLC
Ira Innovations LLC Fbo
Warranty Deed
$156,000 · Bank Of Madison County
Dec 22, 2020
$109,750
Ira Innovations LLC Fbo
Southern Landscape & Design Grp
Warranty Deed
—
Mar 3, 2020
$5,000
Southern Landscape & Design LLC
Em Investments LLC
Warranty Deed
—
Jun 21, 2006
$115,000
Em Investments LLC
Ervin Enterprises LLC
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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