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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
110 Howard Ln, Fayetteville, GA 30215-1851
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0441758
Property summary
AI-generated overview
This exceptional 3,339 square foot office building presents a prime investment opportunity in Fayetteville, Georgia. Located at 110 Howard Ln, this single-story, Class B property boasts a convenient location on the southeast corner of Highway 54 and Gingercake Road, offering excellent visibility and accessibility. Built in 1999, the building features three units currently operating at 100% occupancy, generating an 8.03% net operating income (NOI) in 2023. The asking price is $599,000, translating to $179.40 per square foot. Situated on a 0.35-acre lot, the property is zoned O&I, providing flexibility for various professional uses. This well-maintained building offers a solid return on investment with its prime location and strong occupancy rate. The property's single-story design and ample parking provide convenience for tenants and visitors. This is an ideal acquisition for investors seeking a stable, income-producing asset in a thriving market. Don't miss this chance to own a piece of Fayetteville's commercial landscape.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
FRAME
Total area
3,846 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C OI
APN
52218004
UPID
US22-0441758
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
-
CareSouth Health System, Inc. Home Health Care Service
-
Farmers Insurance - Laurie Ward Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$505k
Owner & transaction history
Spa Matrix LLC · 1 yrs held
Spa Matrix LLC
since 2024
Last sale
$530,000
5 recorded transactions
Zoning & alternative use
C OI · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$710,000
+29.1%
Commercial (general)
$605,000
+10.4%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$455,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Current use
AUTO REPAIR, GARAGE
$710,000
Change: +29% · Conversion: Difficult
COMMERCIAL (GENERAL)
$605,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $530k (Aug 19 2024)
Last sale anchor
$530k
Aug 19 2024
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
$131 / 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
$5,627
Tax year 2023
Assessed value
$184,864
Assessed 2023
Previous assessed
$175,148
+5.5% YoY
Effective rate
3.04%
On assessed value
Assessed land
$10,064
Assessed improvement
$174,800
Land market value
$25,160
Improvement market value
$437,000
Total market value
$462,160
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
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
1999
Construction
FRAME
Heating
NONE
Stories
1
Total area
3,846 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C OI
APN
52218004
UPID
US22-0441758
Jurisdiction
FAYETTE
Zoning & alternative use
C OI · Fayetteville, GA
Zoning C OI · permitted uses
C OI · Fayetteville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$605,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1999
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Spa Matrix LLC
Entity
Mailing address
1692 STILESBORO RDG DR NW, KENNESAW, GA 30152-7451
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
Nov 19, 2024
$530,000
Spa Matrix LLC
Blue Investments LLC
Warranty Deed
$933,000 · Citizens Bank
Sep 28, 2020
—
Blue Investments LLC
Hale Robert W Living Trust
Grant Deed
related
—
May 26, 2020
—
Hale,robert W Living Trust
Robert W Hale
Quit Claim Deed
related
—
Oct 31, 2016
$353,100
Robert W Hale
Payton,dennis L
Grant Deed
—
Sep 27, 2007
$417,212
Dennis L Payton
All Safe INC
Grant Deed
$429,591 · Bank Of North Georgia
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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