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Property profile & analytics
OFF-MARKET
Commercial real estate
151 Anderson Ln Rossville, GA 30741-4683
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3192043
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Construction
CONCRETE
Total area
4,960 SF
Lot
0.38 ac (16,553 SF)
Zoning code
FOR
APN
10C03100B
UPID
US22-3192043
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
-
Jerry Smith Co General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael Shane Davis · 2 yrs held
Michael Shane Davis
since 2024
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
FOR · Rossville, 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 Rossville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rossville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,758
Tax year 2023
Assessed value
$62,599
Assessed 2023
Previous assessed
$62,599
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$5,540
Assessed improvement
$57,059
Land market value
$13,849
Improvement market value
$142,648
Total market value
$156,497
Applied tax rate
3.0000
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
2002
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
4,960 SF
Lot
0.38 ac (16,553 SF)
Zoning code
FOR
APN
10C03100B
UPID
US22-3192043
Jurisdiction
CATOOSA
Zoning & alternative use
FOR · Rossville, GAZoning FOR · permitted uses
FOR · Rossville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Michael Shane Davis
Individual
Mailing address
151 PO BOX 945TH LN, RINGGOLD, GA 30736-0945
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
$320,000
Michael Shane Davis
Steve Anderson
Warranty Deed
$272,000 · Pinnacle Bank
Apr 15, 2010
—
Steve W Anderson
Anderson,steve W
Quit Claim Deed
related
$75,000 · Dalton Whitfield Bank
Apr 13, 2010
—
Steve W Anderson
Anderson,steve W
Quit Claim Deed
related
$75,000 · Dalton Whitfield Bank
—
—
Steve W Anderson
—
Deed Of Trust
related
$374,115 · First Volunteer Bank
—
—
Anderson,steve W & Vicki D
—
Deed Of Trust
related
$374,114 · First Volunteer Bk
—
—
Steve W Anderson
—
Loan Modification
related
$12,659 · Regions Bank
—
—
Steve W Anderson
—
Loan Modification
related
$75,000 · Fsgbank
—
—
Steve W Anderson
—
Loan Modification
related
$63,236 · Fsgbank
—
—
Steve Anderson
—
Deed Of Trust
related
$79,176 · Fsgbank
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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