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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Office Spaces
118 Preston Ct Macon, GA 31210-5768
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US22-0739708
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
CONCRETE BLOCKS
Total area
19,887 SF
Lot
4.88 ac (212,573 SF)
Zoning code
PDE
APN
K002-0038
UPID
US22-0739708
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
-
Professional In Home TV Repair - Macon Computer & Electronic Repair
-
3SI Security Sys Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.50M
Owner & transaction history
Kennedy Family Investments Lllp · 14 yrs held
Kennedy Family Investments Lllp
since 2011
5 recorded transactions
Zoning & alternative use
PDE · Macon, 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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$75 / 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
$8,700
Tax year 2023
Assessed value
$578,714
Assessed 2023
Previous assessed
$578,714
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$78,432
Assessed improvement
$500,282
Land market value
$196,080
Improvement market value
$1,250,706
Total market value
$1,446,786
Applied tax rate
11.0000
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
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
19,887 SF
Lot
4.88 ac (212,573 SF)
Zoning code
PDE
APN
K002-0038
UPID
US22-0739708
Jurisdiction
BIBB
Zoning & alternative use
PDE · Macon, GA
Zoning PDE · permitted uses
PDE · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.88 ac
Current owner
From public records · entity-resolved
Kennedy Family Investments Lllp
Entity
Mailing address
8049 WHITTLE RD, MACON, GA 31220-4017
Ownership since
2011
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
Oct 24, 2011
$1,000,000
Kennedy Family Investments Lllp
Wells Fargo Bank National Associati
Limited Warranty Deed
$100,000 · Robins FCU
Oct 21, 2011
$1,000,000
Kennedy Family Investments Lll
Wells Fargo Bank National Association
Grant Deed
—
Aug 20, 2010
$900,000
Fargo Bk NA Wells
Wcdm Dev LP
Trustees Deed
related
—
Aug 3, 2010
$900,000
Wells Fargo Bank National Asso
Wcdm Development LP
Grant Deed
related
—
—
—
Kennedy Family Investments Lll
—
Deed Of Trust
related
$862,126 · Heritagebank Of The South
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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