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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
109 Commercial Blvd, Martinez, GA 30907-2662
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-1393173
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
5,600 SF
Lot
1.02 ac (44,366 SF)
Zoning code
M-1;LIGHT INDUST DISTR
APN
077C251
UPID
US22-1393173
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$555k
Owner & transaction history
Kovson LLC · 6 yrs held
Kovson LLC
since 2020
Last sale
$555,000
4 recorded transactions
Zoning & alternative use
M-1;LIGHT INDUST DISTR · Martinez, 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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$520,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $555k (Feb 10 2020)
Last sale anchor
$555k
Feb 10 2020
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
$99 / 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
$3,383
Tax year 2024
Assessed value
$135,489
Assessed 2024
Previous assessed
$140,659
-3.7% YoY
Effective rate
2.50%
On assessed value
Assessed land
$63,119
Assessed improvement
$72,370
Land market value
$157,797
Improvement market value
$180,926
Total market value
$338,723
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
1986
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Rooms
6
Bathrooms
2
Total area
5,600 SF
Lot
1.02 ac (44,366 SF)
Zoning code
M-1;LIGHT INDUST DISTR
APN
077C251
UPID
US22-1393173
Jurisdiction
COLUMBIA
Zoning & alternative use
M-1;LIGHT INDUST DISTR · Martinez, GA
Zoning M-1;LIGHT INDUST DISTR · permitted uses
M-1;LIGHT INDUST DISTR · Martinez, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martinez. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Rooms
6
Bathrooms
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
Kovson LLC
Entity
Mailing address
PO BOX 204830, AUGUSTA, GA 30917-4830
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
$555,000
Kovson LLC
L & H Partners Of Augusta LLC
Warranty Deed
$444,000 · Srp FCU
Feb 2, 2018
—
L & H Partners Of Augusta LLC
—
Deed
related
$238,000 · South St Bk
Jan 25, 2018
$280,000
L & H Partners Of Augusta LLC
Rutherford,richard B & Mary L
Warranty Deed
—
—
—
L & H Partners Of Augusta LLC
—
Deed Of Trust
related
$238,000 · South St Bk
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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