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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Commercial real estate
106 Main St, La Fayette, GA 30728-2418
Trust Owned
1-yr Hold
Free & Clear
Property ID
US22-0431447
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Construction
WOOD
Total area
3,414 SF
Lot
0.65 ac (28,314 SF)
Zoning code
B1
APN
1039 054B
UPID
US22-0431447
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
-
Pigeon Mountain Trading Company Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$555k
Owner & transaction history
Mccloud Michelle Katheleen Trust · 1 yrs held
Mccloud Michelle Katheleen Trust
since 2024
5 recorded transactions
Zoning & alternative use
B1 · La Fayette, 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 La Fayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Fayette 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
$555k
Range $500k – $611k · ±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
$163 / 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
$3,229
Tax year 2023
Assessed value
$131,548
Assessed 2023
Previous assessed
$131,548
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$35,210
Assessed improvement
$96,338
Land market value
$88,024
Improvement market value
$240,845
Total market value
$328,869
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,414 SF
Lot
0.65 ac (28,314 SF)
Zoning code
B1
APN
1039 054B
UPID
US22-0431447
Jurisdiction
WALKER
Zoning & alternative use
B1 · La Fayette, GA
Zoning B1 · permitted uses
B1 · La Fayette, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Fayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Mccloud Michelle Katheleen Trust
Trust
Free & Clear · 1 yrs held
Mailing address
106 N MAIN ST, LA FAYETTE, GA 30728-2418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 16, 2024
—
Mccloud Michelle Katheleen Trust
Steven Wayne Mccloud
Warranty Deed
—
Dec 4, 2023
—
Tinney Charles Tr
Steve Mccloud
Quit Claim Deed
related
—
Feb 18, 2011
—
Steve Mccloud
—
Trustees Deed
related
$89,285 · Bank Of Lafayette
Dec 22, 2010
—
Ferrari Investments LLC
Bank Of America
Quit Claim Deed
related
—
Dec 22, 2010
$111,000
Steve Mccloud
Ferrari Investments LLC
Warranty Deed
related
—
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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