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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Commercial real estate
1423 Washington St Clarkesville, GA 30523-5417
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2404537
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
53,899 SF
Lot
0.8 ac (34,848 SF)
Zoning code
DB
APN
069A048
UPID
US22-2404537
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
-
Lifeworks Counseling Counselor Family Counselor
-
Honor Woodard Therapeutic Healing Arts Alternative Medicine Practice Spa & Massage Center
-
Hope L. Senador, LCSW Foster Care Service Social Service Agency
-
School of Future Arts Vocational School Training Center
-
Appalachian Psychological and Behavioral Services Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$3.60M
Owner & transaction history
Kollock Properties LLC · 2 yrs held
Kollock Properties LLC
since 2024
Last sale
$3.6M
2 recorded transactions
Zoning & alternative use
DB · Clarkesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Downtown Business District is intended to establish and preserve the central areas of the City containing a variety of retail business and service establishments that are intended as pedestrian destinations. The DB district is intended to encourage pedestrian movement to, from and among the various establishments. Off-street parking may be in nearby publ…
Zone name
Downtown Business District
General category
COMMERCIAL
Zone area
17.13 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 Clarkesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkesville 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
$3,600,000
ML approach
$3,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $3.60M (Jul 2 2024)
Last sale anchor
$3.60M
Jul 2 2024
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
$67 / 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
$26,883
Tax year 2024
Assessed value
$1,035,772
Assessed 2024
Previous assessed
$511,632
+102.4% YoY
Effective rate
2.60%
On assessed value
Assessed land
$122,304
Assessed improvement
$913,468
Land market value
$305,760
Improvement market value
$2,283,670
Total market value
$2,589,430
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
53,899 SF
Lot
0.8 ac (34,848 SF)
Zoning code
DB
APN
069A048
UPID
US22-2404537
Jurisdiction
HABERSHAM
Zoning & alternative use
DB · Clarkesville, GAZoning DB · permitted uses
DB · Clarkesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Downtown Business District is intended to establish and preserve the central areas of the City containing a variety of retail business and service establishments that are intended as pedestrian destinations. The DB district is intended to encourage pedestrian movement to, from and among the various establishments. Off-street parking may be in nearby public (or private) parking lots to facilitate pedestrian access to the area.
Zone name
Downtown Business District
General category
COMMERCIAL
Zone area
17.13 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
Kollock Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1871 BLALOCK GOLDMINE RD, CLAYTON, GA 30525-4638
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Kollock Properties LLC
Leonard Fishman
Quit Claim Deed
related
—
Jul 2, 2024
$3,600,000
1423 Washington LLC
Kollock Properties LLC
Warranty Deed
$2,600,000 · First Bank
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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