Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Medical Office Space
112 Park Ave Athens, GA 30601-1700
Entity Owned
~
Est. High Equity
Property ID
US22-1686281
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Construction
STEEL FRAME
Total area
2,100 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-N
APN
11-4-D3 C-033
UPID
US22-1686281
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
-
Athens Personal Injury Attorney, LLC - Day Injury Law Law Firm
-
Athens CoWork Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$520k
Blend (final)
Blend
$580k
Owner & transaction history
Stirling Oconee Holdings LLC
Stirling Oconee Holdings LLC
since 2025
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C-N · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$615,000
+21.5%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$600,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$505,000
Current use
COMMERCIAL (GENERAL)
$615,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $700k (Jun 12 2023)
Last sale anchor
$700k
Jun 12 2023
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
$276 / 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
$5,593
Tax year 2023
Assessed value
$178,962
Assessed 2023
Previous assessed
$178,962
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$70,000
Assessed improvement
$108,962
Land market value
$175,000
Improvement market value
$272,404
Total market value
$447,404
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
2,100 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-N
APN
11-4-D3 C-033
UPID
US22-1686281
Jurisdiction
CLARKE
Zoning & alternative use
C-N · Athens, GA
Zoning C-N · permitted uses
C-N · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$615,000
MEDICAL BUILDING Current
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
1960
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
0.35 ac
Current owner
From public records · entity-resolved
Stirling Oconee Holdings LLC
Entity
Mailing address
PO BOX 1064, WATKINSVILLE, GA 30677-0023
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
$885,000
Stirling Oconee Holdings LLC
Butlers Crossing Business Center Ll
Warranty Deed
—
Jun 12, 2023
$700,000
Butlers Crossing Business Center Ll
112 Park Avenue LLC
Warranty Deed
—
Feb 18, 2019
$387,500
112 Park Avenue LLC
Garrison Rental LLC
Grant Deed
$344,146 · Garrison Rental LLC
Mar 28, 2006
—
Garrison Rental LLC
Garrison,arthur W & Frances M
Quit Claim Deed
related
—
—
—
Garrison Rental LLC
—
Deed Of Trust
related
$147,000 · Afb&t
—
—
Garrison Rental LLC
—
Loan Modification
related
$35,000 · Afb&t
—
—
Garrison Rental LLC
—
Loan Modification
related
$48,000 · Afb&t
—
—
Garrison Rental LLC
—
Loan Modification
related
$164,000 · Afb&t
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 112 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
