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Property profile

118 Stockbridge Rd Jonesboro, GA 30236

FOR SALE
Medical Office Space
Property ID
US22-1467796
6,161 SF 0.89 ac lot Built 1973
Last sale Feb 2021 · $415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

118 Stockbridge Road is a multifamily apartment building located at 118 Stockbridge Rd in Jonesboro, Clayton County, Georgia. The property sits along Stockbridge Road near the Clayton County Courthouse and the Historic Downtown Jonesboro district, providing a civic-adjacent setting within the downtown area. The building is configured for apartment-style residential use as a multifamily income property, with unit configuration and operating characteristics intended for verification during due diligence.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$161k
Assessed land$31k
Assessed improvement$130k
Effective rate3.90%

Value estimate

· Oct 2026
$460k
$414k – $506k
AI approach$440k
NOI build-up
Gross scheduled income$147k
Vacancy & credit loss−$37k
Operating expenses−$28k
NOI · 11.22% cap applied$83k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$128/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$84 – $194
Qualifying comparables7

Cap rate analysis

How does the asset earn?
11.22%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionCLAYTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Cafe & Coffee Shop9.5
Laundry Service9.2

Location

118 Stockbridge Rd Jonesboro, GA 30236
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6911 Tara, Jonesboro, GA 30236-1503 $650,000 May 2023 8,594 SF
6909 Tara, Jonesboro, GA 30236-1503 $400,000 May 2023 2,424 SF
405 Arrowhead, Jonesboro, GA 30236-1254 $219,114 Oct 2021 7,211 SF
499 Arrowhead, Jonesboro, GA 30236-1219 $298,000 Apr 2021 3,434 SF
157 Main, Jonesboro, GA 30236-3597 $250,000 Dec 2020 2,610 SF
8060 Smt Business, Jonesboro, GA 30236-4232 $4,500,000 Nov 2020 7,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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