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Property profile & analytics
OFF-MARKET
Estimated value
$7,995,000
Medical Office Space
1272 Virgil Langford Rd Watkinsville, GA 30677-7245
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1546387
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
STEEL FRAME
Total area
36,822 SF
Lot
2.57 ac (111,949 SF)
Zoning code
B-2
APN
C-01AP002
UPID
US22-1546387
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
-
Hopebridge Autism Therapy Center Medical Clinic
-
Atlanta Allergy & Asthma Medical Clinic
-
Steven J. Gottlieb, D.O. Physician
-
Lauren Best Physician Medical Clinic
-
Megan Lee Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.44M
CAP Approach
CAP
$7.34M
Comparable Approach
Comparable
$8.44M
Blend (final)
Blend
$8.00M
Owner & transaction history
Flagship Virgil Langford Watkinsvil · 4 yrs held
Flagship Virgil Langford Watkinsvil
since 2021
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
B-2 · Watkinsville, 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 Watkinsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watkinsville 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
$7,995,000
ML approach
$7,440,000
CAP Approach
CAP Return
Estimation
6%
$7,955,000
6.5%
$7,340,000
7%
$6,815,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,575,000
Current use
WAREHOUSE, STORAGE
$9,100,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$8.00M
Range $7.20M – $8.79M · ±10% · vs last sale $8.70M (Dec 29 2021)
Last sale anchor
$8.70M
Dec 29 2021
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
$217 / 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
$70,853
Tax year 2023
Assessed value
$3,574,090
Assessed 2023
Previous assessed
$3,574,090
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$925,200
Assessed improvement
$2,648,890
Land market value
$2,313,000
Improvement market value
$6,622,224
Total market value
$8,935,224
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
36,822 SF
Lot
2.57 ac (111,949 SF)
Zoning code
B-2
APN
C-01AP002
UPID
US22-1546387
Jurisdiction
OCONEE
Zoning & alternative use
B-2 · Watkinsville, GAZoning B-2 · permitted uses
B-2 · Watkinsville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$9.1M
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
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
2019
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
2.57 ac
Current owner
From public records · entity-resolved
Flagship Virgil Langford Watkinsvil
Individual
Mailing address
2701 COLTSGATE RD STE #300, CHARLOTTE, NC 28211-3594
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
—
Flagship Virgil Langford Watki
—
Deed
related
$75,000,000 · Renasant Bank
Jul 28, 2022
—
Flagship Virgil Langford Watki
—
Deed
related
$165,000,000 · Fifth Third Bank
Dec 29, 2021
$8,700,000
Flagship Virgil Langford Watkinsvil
John John Investments LLC
Warranty Deed
$200,000,000 · Fifth Third Bank
Apr 29, 2020
—
John-john Investments LLC
—
Deed
related
$8,056 · Piedmont Bk
Apr 17, 2019
—
John-john Investments LLC
—
Deed Of Trust
related
$3,430,000 · Piedmont Bk
Jul 12, 2017
—
John-john Investments LLC
—
Deed
related
$2,518,000 · Banksouth-watkinsville
—
—
John-john Investments LLC
—
Loan Modification
related
$8,056 · Piedmont Bk
—
—
John-john Investments LLC
—
Loan Modification
related
$2,518,000 · Banksouth-watkinsville
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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