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Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Medical Office Space
125 King Ave Athens, GA 30606-6734
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1094652
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Total area
17,908 SF
Lot
0.74 ac (32,234 SF)
Zoning code
C-O
APN
12-2-B1 F-005
UPID
US22-1094652
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
-
Dr. Julian Price Physician
-
Charles L. Ogburn MD Physician
-
Badrun Zaman Physician
-
Aynaddis Fekadu Physician
-
Michael Shuler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$2.41M
Owner & transaction history
William B Mulherin · 21 yrs held
William B Mulherin
since 2004
7 recorded transactions
Zoning & alternative use
C-O · Athens, 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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$2.41M
Range $2.16M – $2.65M · ±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
$134 / 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
$46,561
Tax year 2023
Assessed value
$1,489,962
Assessed 2023
Previous assessed
$1,489,962
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$148,000
Assessed improvement
$1,341,962
Land market value
$370,000
Improvement market value
$3,354,906
Total market value
$3,724,906
Applied tax rate
2.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
17,908 SF
Lot
0.74 ac (32,234 SF)
Zoning code
C-O
APN
12-2-B1 F-005
UPID
US22-1094652
Jurisdiction
CLARKE
Zoning & alternative use
C-O · Athens, GA
Zoning C-O · permitted uses
C-O · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
William B Mulherin
Individual
Free & Clear · 21 yrs held
Mailing address
1765 OLD W BROAD ST BLDG #2, ATHENS, GA 30606-2853
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
May 4, 2020
—
West Broad Holding LLC
—
Deed
related
$33,000,000 · Bank Of America
Jul 10, 2018
—
West Broad Holding LLC
—
Grant Deed
related
$1,650,000 · Wells Fargo Bk
Jan 30, 2013
—
West Broad Holding LLC
—
Deed Of Trust
related
$1,920,469 · Wells Fargo Bank
Dec 31, 2004
$282,500
William B Mulherin
Athens Orthopedic
Grant Deed
—
Dec 31, 2004
—
West Broad Holding LLC
Mullerin,william
Grant Deed
related
—
—
—
West Broad Holding LLC
—
Deed Of Trust
related
$6,311,501 · Wells Fargo Bk
—
—
West Broad Holding LLC
—
Deed Of Trust
related
$33,000,000 · Bank Of America
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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