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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Office buildings
134 Davis Rd, Martinez, GA 30907-2480
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0466553
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
WOOD FRAME
Total area
2,204 SF
Lot
0.94 ac (40,903 SF)
Zoning code
C-2;GEN COMM DISTR
APN
083 028
UPID
US22-0466553
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
$905k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
B Godbee Enterprises LLC · 2 yrs held
B Godbee Enterprises LLC
since 2023
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
C-2;GEN COMM DISTR · Martinez, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.0M
+115.2%
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$875,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,020,000
Change: +115% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $850k (Dec 4 2023)
Last sale anchor
$850k
Dec 4 2023
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
$395 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,464
Tax year 2024
Assessed value
$138,717
Assessed 2024
Previous assessed
$138,625
+0.1% YoY
Effective rate
2.50%
On assessed value
Assessed land
$108,120
Assessed improvement
$30,597
Land market value
$270,299
Improvement market value
$76,493
Total market value
$346,792
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
1961
Construction
WOOD FRAME
Heating
NONE
Buildings
1
Stories
1
Rooms
6
Bathrooms
2
Total area
2,204 SF
Lot
0.94 ac (40,903 SF)
Zoning code
C-2;GEN COMM DISTR
APN
083 028
UPID
US22-0466553
Jurisdiction
COLUMBIA
Zoning & alternative use
C-2;GEN COMM DISTR · Martinez, GA
Zoning C-2;GEN COMM DISTR · permitted uses
C-2;GEN COMM DISTR · Martinez, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martinez. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.0M
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
1961
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
1
Rooms
6
Bathrooms
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
B Godbee Enterprises LLC
Entity
Free & Clear · 2 yrs held
Mailing address
134 DAVIS RD, AUGUSTA, GA 30907-2480
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
Dec 4, 2023
—
B Godbee Enterprises LLC
Broderick Godbee
Quit Claim Deed
related
—
Nov 10, 2022
$850,000
Broderick Godbee
Tiger INC
Warranty Deed
$800,000 · Tiger
—
—
Tiger INC
—
Deed Of Trust
related
$160,202 · Georgia Bank & Trust Augusta
—
—
Otis F Askin SR.
—
Deed Of Trust
related
$1,161,000 · Georgia Bank & Trust Augusta
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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