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Property profile & analytics
OFF-MARKET
Estimated value
$27,000,000
High-rise multifamily apartments
1215 Hickory Flt Hwy Canton, GA 30115-3439
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US22-1623610
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2001
Construction
WOOD
Total area
56,868 SF
Lot
11.63 ac (506,603 SF)
Zoning code
R-5
APN
14N24 027
UPID
US22-1623610
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
$27.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.00M
Owner & transaction history
Canton Leased Housing Associat · 12 yrs held
Canton Leased Housing Associat
since 2014
Last sale
$27.0M
1 recorded transaction
Zoning & alternative use
R-5 · Canton, 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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$27,000,000
ML approach
$27,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.00M
Range $24.30M – $29.70M · ±10% · vs last sale $27.00M (Nov 6 2024)
Last sale anchor
$27.00M
Nov 6 2024
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
$475 / 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
$136,179
Tax year 2023
Assessed value
$4,745,090
Assessed 2023
Previous assessed
$4,745,090
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$534,745
Assessed improvement
$4,210,345
Land market value
$1,336,862
Improvement market value
$10,525,863
Total market value
$11,862,725
Applied tax rate
3.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
HEAT PUMP
Cooling
YES
Buildings
7
Stories
1
Bathrooms
2
Total area
56,868 SF
Lot
11.63 ac (506,603 SF)
Zoning code
R-5
APN
14N24 027
UPID
US22-1623610
Jurisdiction
CHEROKEE
Zoning & alternative use
R-5 · Canton, GAZoning R-5 · permitted uses
R-5 · Canton, 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
2001
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
7
Bathrooms
2
Lot
11.63 ac
Current owner
From public records · entity-resolved
Canton Leased Housing Associat
Individual
Mailing address
2905 NWNW BLVD STE #150, PLYMOUTH, MN 55441-2644
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2014
$5,200,000
Canton Leased Housing Associat
Laurels Of Greenwood LP
Trustees Deed
$5,400,000 · Privatebank & Tr
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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