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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Office buildings
12451 Veterans Memorial Hwy, Douglasville, GA 30134-2025
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US22-1015664
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,546 SF
Lot
0.23 ac (10,019 SF)
Zoning code
CBD
APN
0016-01-5-B-00002
UPID
US22-1015664
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
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.14M
Owner & transaction history
Johns & Johns LLC
Johns & Johns LLC
7 recorded transactions
Zoning & alternative use
CBD · Douglasville, 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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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%
$1,320,000
6.5%
$1,220,000
7%
$1,130,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,455,000
Current use
MEDICAL BUILDING
$1,205,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$205 / 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
$10,354
Tax year 2023
Assessed value
$253,680
Assessed 2023
Previous assessed
$253,680
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$25,280
Assessed improvement
$228,400
Land market value
$63,200
Improvement market value
$571,000
Total market value
$634,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Bathrooms
2
Total area
5,546 SF
Lot
0.23 ac (10,019 SF)
Zoning code
CBD
APN
0016-01-5-B-00002
UPID
US22-1015664
Jurisdiction
DOUGLAS
Zoning & alternative use
CBD · Douglasville, GA
Zoning CBD · permitted uses
CBD · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING Current
MEDICAL 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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Johns & Johns LLC
Entity
Mailing address
12451 VETERANS MEMORIAL HWY, DOUGLASVILLE, GA 30134-2025
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Johns & Johns LLC
—
Loan Modification
related
$283,113 · Huntington National Com'l Corp
—
—
Johns & Johns LLC
—
Deed Of Trust
related
$259,159 · L Newman Builders INC
—
—
Johns & Johns LLC
—
Loan Modification
related
$298,628 · Huntington Nat'l Com'l Corp
—
—
Johns & Johns LLC
—
Loan Modification
related
$291,222 · Huntington National Com'l Cor
—
—
Johns & Johns LLC
—
Deed Of Trust
related
$189,000 · Hometown Bank Villa Rica
—
—
Johns & Johns LLC
—
Loan Modification
related
$296,904 · Huntington National Com'l Corp
—
—
Johns & Johns LLC
—
Deed Of Trust
related
$250,000 · Southern Sts Bk
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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