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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Medical Office Space
1064 Richard D Sailors Pkwy, Powder Springs, GA 30127-5221
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4647844
Property summary
AI-generated overview
This 4,120 square foot freestanding medical office building sits on a 1.02-acre lot in Powder Springs, Georgia, conveniently located on a high-traffic retail corridor (26,300 cars daily) of Richard D Sailors Pkwy. Recently converted and move-in ready, the building features new luxury vinyl plank flooring, millwork, and fixtures. The original layout accommodates X-Ray and C-Arm equipment, making it ideal for urgent care, primary care, or other specialty practices. Its strategic location between Wellstar Cobb Hospital (5.4 miles east) and Wellstar Paulding Hospital (7.1 miles west) offers excellent accessibility. The property is also near recreational amenities, including the Silver Comet Trail, and Historic Downtown Powder Springs. The asking price is $2,995,000. A lease rate of $38 per square foot, NNN, is also available.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
4,171 SF
Lot
1.02 ac (44,256 SF)
Zoning code
CRC/LRO
APN
19082900140
UPID
US22-4647844
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
-
Powder Springs Cash for Junk Cars We Buy & Do Removal Car Dealership
-
Neuragenex - Pain Management Clinic - Powder Springs Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$2.35M
Owner & transaction history
Cobb Hospital INC · 1 yrs held
Cobb Hospital INC
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
CRC/LRO · Powder Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.6M
+52.8%
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 Powder Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powder Springs 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
$2,290,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,565,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±10% · vs last sale $2.88M (Apr 2 2025)
Last sale anchor
$2.88M
Apr 2 2025
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
$562 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,720
Tax year 2024
Assessed value
$620,884
Assessed 2024
Previous assessed
$620,884
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$366,764
Assessed improvement
$254,120
Land market value
$916,910
Improvement market value
$635,300
Total market value
$1,552,210
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Heating
NONE
Total area
4,171 SF
Lot
1.02 ac (44,256 SF)
Zoning code
CRC/LRO
APN
19082900140
UPID
US22-4647844
Jurisdiction
COBB
Zoning & alternative use
CRC/LRO · Powder Springs, GA
Zoning CRC/LRO · permitted uses
CRC/LRO · Powder Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Powder Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.6M
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
2004
Heating
NONE
Lot
1.02 ac
Current owner
From public records · entity-resolved
Cobb Hospital INC
Entity
Free & Clear · 1 yrs held
Mailing address
1547 PALOS VERDES MALL #312, WALNUT CREEK, CA 94597-2228
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
Cobb Hospital INC
Rwdi Maplewood LP
Quitclaim Deed
related
—
Mar 28, 2025
$2,875,000
Cobb Hospital INC
Rwdi Maplewood LP
Deed
—
Nov 17, 2021
$6,500,000
Rwdi Maplewood LP
Sfd 1064 Richard D Sailors Pkwy LLC
Limited Warranty Deed
$4,225,000 · Great Lakes Cu
Feb 2, 2016
—
Concorde Powder Springs LLC
Concorde Group Holdings LLC
Quit Claim Deed
related
—
Sep 11, 2015
$1,367,098
Concorde Group Holdings LLC
Us Bank NA 2005-ldp1
Grant Deed
related
$1,025,324 · C1 Bk
Apr 10, 2015
$1,000,000
Us Bank NA Series 2005-ldp1 Tr
Cp-64 & New Hope LLC
Trustees Deed
related
—
Dec 15, 2004
$2,770,000
Cp-64 & New Hope LLC
Genoa Powder Springs LLC
Grant Deed
$2,100,000 · Lasalle National Bank
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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