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Property profile & analytics
OFF-MARKET
Office buildings
1071 Hanover Dr Madison, GA 30650-4605
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-3633897
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
1,750 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C5
APN
M12 011
UPID
US22-3633897
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
Mcneal Capital Partners LLC · 2 yrs held
Mcneal Capital Partners LLC
since 2024
Last sale
$210,000
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
$2,245
Tax year 2023
Assessed value
$77,600
Assessed 2023
Previous assessed
$77,600
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$16,000
Assessed improvement
$61,600
Land market value
$40,000
Improvement market value
$154,000
Total market value
$194,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,750 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C5
APN
M12 011
UPID
US22-3633897
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
2007
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
0.4 ac
Current owner
From public records · entity-resolved
Mcneal Capital Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 321, MADISON, GA 30650-0321
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2024
$210,000
Mcneal Capital Partners LLC
Pure Built Homes LLC
Limited Warranty Deed
—
Oct 15, 2021
$88,790
Pure Built Homes LLC
Rbc Homes LLC
Warranty Deed
$86,339 · Bank Of Madison County
Dec 20, 2017
$116,900
Rbc Homes LLC
Bank Of Madison
Warranty Deed
$99,000 · Bank Of Madison County
Apr 24, 2013
$153,449
Madison Property Grp LLC
Premier Contracting Grp In
Warranty Deed
$154,928 · Bank Of Madison County
Jun 15, 2007
$50,000
Premier Contracting Grp INC
Ryan L Taylor
Deed
$136,667 · Bank Of Madison
Jul 17, 2006
$50,000
Ryan L Taylor
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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