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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Office buildings
127 Main St Statesboro, GA 30458-1352
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2494239
Property summary
AI-generated overview
This 1,285 square foot traditional office space at 127 E Main St, Statesboro, GA 30458, is ideally situated at the corner of East Main and South Zetterower Avenue, offering excellent street frontage and high visibility. The single-tenant space is perfect for 5-8 employees and features three entrances, four private offices (one larger, accommodating two), and an open office/waiting area for one or two additional employees. Two restrooms are included, one with a full shower. Ten reserved parking spaces are available in a private lot. The building, renovated in 2021, boasts new LVT flooring in the offices, and some existing office furniture may be available. Conveniently located within walking distance of downtown restaurants, courthouses, and City Hall, this property is zoned commercial and allows for signage. This space is one half of a duplex office building. Availability begins June 2024.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
14,482 SF
Lot
1.57 ac (68,389 SF)
Zoning code
O
APN
S17-088-000
UPID
US22-2494239
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
-
F & R Apartments Apartment Building
-
H.L. Franklin's Healthy Honey Big Box & Wholesale Store Food Market
-
Superior Nursing Kare Home Health Care Service
-
Supplemental Security Income Social Security Office
-
Pineland Csb Government
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$840k
Owner & transaction history
Candler Properties LP · 2 yrs held
Candler Properties LP
since 2023
4 recorded transactions
Zoning & alternative use
O · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the O district is to provide for orderly development of office and business uses, permitting and protecting the desirable benefits of such developments and appropriate associated uses
Zone name
Office And Business
General category
COMMERCIAL
Zone area
171.40 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$58 / 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
$7,962
Tax year 2023
Assessed value
$204,850
Assessed 2023
Previous assessed
$204,850
+0.0% YoY
Effective rate
3.89%
On assessed value
Assessed land
$81,840
Assessed improvement
$123,010
Land market value
$204,600
Improvement market value
$307,524
Total market value
$512,124
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
YES
Cooling
YES
Buildings
1
Total area
14,482 SF
Lot
1.57 ac (68,389 SF)
Zoning code
O
APN
S17-088-000
UPID
US22-2494239
Jurisdiction
BULLOCH
Zoning & alternative use
O · Statesboro, GAZoning O · permitted uses
O · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the O district is to provide for orderly development of office and business uses, permitting and protecting the desirable benefits of such developments and appropriate associated uses
Zone name
Office And Business
General category
COMMERCIAL
Zone area
171.40 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Heating
YES
Cooling
Yes
Buildings
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Candler Properties LP
Entity
Free & Clear · 2 yrs held
Mailing address
127 N MAIN ST, STATESBORO, GA 30458-1352
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
Candler Properties LP
Lehman Franklin H
Quit Claim Deed
related
—
Oct 31, 2016
—
Candler Properties LP
—
Deed
related
$1,307,937 · Farmers & Merchants Nat'l Bk
—
—
Candler Properties LP
—
Deed Of Trust
related
$865,294 · S Bk
—
—
Candler Properties LP
—
Deed Of Trust
related
$1,307,937 · Farmers & Merchants Nat'l 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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