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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Office Spaces
1177 Laurel SE Pl, Smyrna, GA 30080-4232
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-4314454
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2005
Total area
5,201 SF
Lot
0.05 ac (2,068 SF)
Zoning code
CBD
APN
17048601210
UPID
US22-4314454
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$431k
Blend (final)
Blend
$605k
Owner & transaction history
Ruth Mitchell · 4 yrs held
Ruth Mitchell
since 2022
Last sale
$705,000
7 recorded transactions
Zoning & alternative use
CBD · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$415,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$985,000
Current use
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $705k (Jan 21 2022)
Last sale anchor
$705k
Jan 21 2022
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
$116 / 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
$6,472
Tax year 2024
Assessed value
$238,276
Assessed 2024
Previous assessed
$207,204
+15.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$30,916
Assessed improvement
$207,360
Land market value
$77,290
Improvement market value
$518,400
Total market value
$595,690
Applied tax rate
6.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2005
Heating
NONE
Total area
5,201 SF
Lot
0.05 ac (2,068 SF)
Zoning code
CBD
APN
17048601210
UPID
US22-4314454
Jurisdiction
COBB
Zoning & alternative use
CBD · Smyrna, GA
Zoning CBD · permitted uses
CBD · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$985,000
OFFICE BUILDING Current
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
2005
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Ruth Mitchell
Individual
Mailing address
1177 LAUREL PL SE, SMYRNA, GA 30080-4232
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$705,000
Ruth Mitchell
Jamala Mcfadden
Limited Warranty Deed
$647,000 · Bates Mortgage Group LLC
Jan 21, 2022
—
Ruth Mitchell
Ruth Mitchell
Intrafamily Transfer
related
—
Apr 23, 2013
$250,000
Jamala Mcfadden
Wells Fargo Bk NA
Grant Deed
$213,750 · Pnc Mortgage
Sep 10, 2012
—
Hud-housing Of Urban Dev
Wells Fargo Bk NA
Grant Deed
related
—
Apr 11, 2012
$167,000
Fargo Bk NA Wells
Melton,terald L
Trustees Deed
related
—
Oct 26, 2007
—
Terlad L Melton
Melco Invest LLC
Quit Claim Deed
related
$480,200 · Wachovia Bank NA
Jun 13, 2006
$530,000
Melco Investments LLC
Laurel River Props INC
Warranty Deed
$480,000 · Fidelity Bank NA
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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