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Property profile & analytics
OFF-MARKET
Estimated value
$9,285,000
Medical Office Space
1305 Jennings Ml Rd Watkinsville, GA 30677-7238
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3947804
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,265 SF
Lot
2.23 ac (97,139 SF)
Zoning code
B-2
APN
C-01AQ001
UPID
US22-3947804
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
-
Fareha Rahim, MD Physician
-
Jonathan Murrow, MD Physician
-
Fred Young, MD Physician
-
Oconee Drugs Pharmacy Pharmacy
-
Carolina Hsu MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.79M
Blend (final)
Blend
$9.29M
Owner & transaction history
Ppf Ahp Off 1305 Jennings Mill · 5 yrs held
Ppf Ahp Off 1305 Jennings Mill
since 2020
Last sale
$8.9M
5 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
$9,920,000
ML approach
$9,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,050,000
Current use
WAREHOUSE, STORAGE
$5,750,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$9.29M
Range $8.36M – $10.21M · ±10% · vs last sale $8.90M (Aug 21 2020)
Last sale anchor
$8.90M
Aug 21 2020
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
$399 / 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
$57,042
Tax year 2023
Assessed value
$2,877,405
Assessed 2023
Previous assessed
$2,877,405
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$411,836
Assessed improvement
$2,465,569
Land market value
$1,029,591
Improvement market value
$6,163,922
Total market value
$7,193,513
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
23,265 SF
Lot
2.23 ac (97,139 SF)
Zoning code
B-2
APN
C-01AQ001
UPID
US22-3947804
Jurisdiction
OCONEE
Zoning & alternative use
B-2 · Watkinsville, GA
Zoning 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
Watkinsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$5.8M
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Ppf Ahp Off 1305 Jennings Mill
Individual
Free & Clear · 5 yrs held
Mailing address
425 7TH ST NE BLDG #300, CHARLOTTESVILLE, VA 22902-4723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
$8,895,300
Ppf Ahp Off 1305 Jennings Mill
Oconee Medical Holdings LLC
Grant Deed
—
Oct 15, 2018
$1,000,000
Ppe Ahp Off 1305 Jennings Mill
Oconee Medical Holdings LLC
Grant Deed
—
Aug 8, 2017
—
Sirius Properties LLC
Oconee Medical Holdings LLC
Grant Deed
related
—
Aug 8, 2017
$2,107,500
Oconee Medical Holdings LLC
Oconee Medical Holdings LLC
Grant Deed
related
—
—
—
Oconee Medical Holdings LLC
—
Loan Modification
related
$6,400,000 · Bank South
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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