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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Retail space
111 Washington St Monticello, GA 31064-1239
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-0106684
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1906
Construction
TYPE NOT SPECIFIED
Total area
1,164 SF
Lot
0.03 ac (1,307 SF)
Zoning code
COMMERCIAL
APN
M05A- -084
UPID
US22-0106684
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
-
Associated Staffing Services Inc Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
Martha H King · 9 yrs held
Martha H King
since 2017
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Monticello, 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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±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
$228 / 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
$1,076
Tax year 2023
Assessed value
$36,560
Assessed 2023
Previous assessed
$36,560
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$9,520
Assessed improvement
$27,040
Land market value
$23,800
Improvement market value
$67,600
Total market value
$91,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1906
Construction
TYPE NOT SPECIFIED
Heating
RADIANT
Cooling
YES
Stories
1
Total area
1,164 SF
Lot
0.03 ac (1,307 SF)
Zoning code
COMMERCIAL
APN
M05A- -084
UPID
US22-0106684
Jurisdiction
JASPER
Zoning & alternative use
COMMERCIAL · Monticello, GAZoning COMMERCIAL · permitted uses
COMMERCIAL · Monticello, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1906
Construction
TYPE NOT SPECIFIED
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Martha H King
Individual
Mailing address
2396 BETHEL CHURCH RD, MONTICELLO, GA 31064-8224
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
May 1, 2017
$80,000
Martha H King
Smith,scott
Warranty Deed
$76,477 · Bank Of Monticello
Mar 14, 2013
$155,000
Scott Smith
Dammann,david A
Grant Deed
$151,000 · David Dammann
Aug 18, 2006
—
David A Dammann
Dammann,david A
Quit Claim Deed
related
—
Aug 17, 2006
$147,200
David A Dammann
Meyer,fred P
Warranty Deed
—
—
—
Scott Smith
—
Deed Of Trust
related
$116,904 · Bank Of Monticello
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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