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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Specialty properties
122 Lanier Dr, Statesboro, GA 30458-0804
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US22-0590502
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2000
Construction
STEEL FRAME
Total area
4,622 SF
Lot
17 ac (740,520 SF)
Zoning code
R4/CR
APN
MS62 -059-001
UPID
US22-0590502
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
-
Cambridge at Southern: The Pines Apartment Complex Apartment Building
-
African Hair Braiding & More Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$605k
Owner & transaction history
Up Statesboro LLC · 12 yrs held
Up Statesboro LLC
since 2013
2 recorded transactions
Zoning & alternative use
R4/CR · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$525,000
+38.0%
Commercial (general)
$490,000
+28.3%
Office building
$485,000
+27.7%
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$380,000
Current use
AUTO REPAIR, GARAGE
$525,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$490,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$485,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$131 / 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
$121,643
Tax year 2023
Assessed value
$6,586,600
Assessed 2023
Previous assessed
$6,586,600
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$585,600
Assessed improvement
$6,001,000
Land market value
$1,464,000
Improvement market value
$15,002,500
Total market value
$16,466,500
Applied tax rate
1.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
4
Total area
4,622 SF
Lot
17 ac (740,520 SF)
Zoning code
R4/CR
APN
MS62 -059-001
UPID
US22-0590502
Jurisdiction
BULLOCH
Zoning & alternative use
R4/CR · Statesboro, GA
Zoning R4/CR · permitted uses
R4/CR · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$490,000
OFFICE BUILDING
Est. value
$485,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2000
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Buildings
4
Lot
17 ac
Current owner
From public records · entity-resolved
Up Statesboro LLC
Entity
Mailing address
PO BOX 11277, CHICAGO, IL 60611-0229
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2013
$19,200,000
Up Statesboro LLC
Lanier Drive Associates LLC
Grant Deed
$14,087,000 · M & T Realty Capital Corp
Jul 9, 2013
$19,200,000
Up Statesboro LLC
Lanier Drive Associates Ll
Warranty Deed
$14,087,000 · M & T Realty Capital
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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