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Property profile & analytics
OFF-MARKET
Estimated value
$250,000
Drug stores
115 Spg St Mount Vernon, GA 30445
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-3547726
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1968
Construction
WOOD
Total area
2,000 SF
Lot
0.51 ac (22,400 SF)
Zoning code
RESIDENTIAL
APN
MV04-035
UPID
US22-3547726
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
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
Joiner Gm JR · 8 yrs held
Joiner Gm JR
since 2018
5 recorded transactions
Zoning & alternative use
RESIDENTIAL · Mount Vernon, 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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$250k
Range $225k – $275k · ±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
$125 / 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
$1,709
Tax year 2023
Assessed value
$57,206
Assessed 2023
Previous assessed
$57,206
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$8,960
Assessed improvement
$48,246
Land market value
$22,400
Improvement market value
$120,614
Total market value
$143,014
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
2,000 SF
Lot
0.51 ac (22,400 SF)
Zoning code
RESIDENTIAL
APN
MV04-035
UPID
US22-3547726
Jurisdiction
MONTGOMERY
Zoning & alternative use
RESIDENTIAL · Mount Vernon, GAZoning RESIDENTIAL · permitted uses
RESIDENTIAL · Mount Vernon, 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
1968
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
Joiner Gm JR
Individual
Mailing address
PO BOX 338, GLENWOOD, GA 30428-0338
Ownership since
2018
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
Jul 13, 2018
—
Joiner Gm JR
Jonathan Wayne Hardeman
Warranty Deed
$125,000 · Mount Vernon Bank
Jul 13, 2018
$215,000
G M Joiner
Jonathan Wayne Hardeman
Warranty Deed
—
Sep 8, 2017
—
Jonathan Wayne Hardeman
—
Deed
related
$102,500 · Mount Vernon Bank
Aug 20, 2013
$150,000
Allcare Properties LLC
Ethredge Properties LLC
Warranty Deed
$120,000 · Ethredge Properties
Aug 20, 2013
—
Allcare Properties LLC
Ethredge Properties LLC
Quit Claim Deed
related
—
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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