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Property profile & analytics
FOR SALE
Office buildings
1551 Jennings Mill Rd Watkinsville, GA 30677
Entity Owned
Free & Clear
Property ID
US22-0837109
For Sale
1 / 8
Contact for pricing
1551 Jennings Mill Rd, Watkinsville, GA 30677
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
698 SF
Lot
0.02 ac (871 SF)
Zoning code
B-1-PUD
APN
C-01P-028-A
UPID
US22-0837109
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
-
AK Counseling & Consulting, Inc. Physician Medical Clinic
-
Dr. Angela Londoño McConnell, Licensed Psychologist Physician Medical Clinic
-
Athens Home Realty Team Real Estate Agency
-
Stephanie McMahon, Ph.D., LLC Physician Medical Clinic
-
Tara Weiszer, PHD Physician Medical Clinic
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
Lbl Offices Georgia LLC
Lbl Offices Georgia LLC
since 2025
Last sale
$336,100
7 recorded transactions
Zoning & alternative use
B-1-PUD · 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
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
$853
Tax year 2023
Assessed value
$39,753
Assessed 2023
Previous assessed
$39,753
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$8,376
Assessed improvement
$31,377
Land market value
$20,940
Improvement market value
$78,443
Total market value
$99,383
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
698 SF
Lot
0.02 ac (871 SF)
Zoning code
B-1-PUD
APN
C-01P-028-A
UPID
US22-0837109
Jurisdiction
OCONEE
Zoning & alternative use
B-1-PUD · Watkinsville, GA
Zoning B-1-PUD · permitted uses
B-1-PUD · 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.
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Lbl Offices Georgia LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1372 RIDGEWAY RD, BOGART, GA 30622-2647
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
77 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$171,000
Lbl Offices Georgia LLC
Wcdavis Properties LLC
Deed
—
Nov 14, 2025
$85,500
Lbl Offices Georgia LLC
Jgb3 Offices Georgia LLC
Deed
—
Aug 20, 2025
$336,100
Jennings Mill 1400b LLC
1400b LLC
Deed
—
Dec 16, 2024
—
Jgb3 Offices Georgia LLC
James Grant Brown
Warranty Deed
—
Nov 12, 2024
$250,000
Southland Holdings LLC
Cprre Holdings LLC
Warranty Deed
$235,000 · Southstate Bank
May 7, 2024
$50,000
Cprre Holdings LLC
Sarah Pate Welborn
Quitclaim Deed
related
$20,000 · Pate Sarah
Apr 26, 2024
$140,000
Aabt Properties LLC
Leslie Shaw Card
Warranty Deed
$115,116 · Oconee State Bank
Apr 12, 2024
$208,000
Steven E Ebbert
Morgan & Morgan Properties LLC
Warranty Deed
—
Mar 20, 2024
—
Gene Vincent Lowery
Lj Ebbert LLC
Quitclaim Deed
related
—
Feb 27, 2024
—
Morgan & Morgan Properties LLC
Lee P Morgan
Quitclaim Deed
related
—
Jan 23, 2024
$355,000
Lj Ebbert LLC
B S Blanton Properties LLC
Warranty Deed
—
Jan 23, 2024
—
Lj Ebbert LLC
V Low Resource LLC
Quitclaim Deed
related
—
Jan 5, 2024
—
Ulm Properties LLC
Joseph Ulm
Deed
—
Dec 18, 2023
—
James Grant Brown
Lou Davis Brown
Warranty Deed
related
—
Aug 3, 2023
$200,000
Padgett Resource Valley LLC
Pb3 LLC
Warranty Deed
—
Aug 3, 2023
—
Oconee State Bank
—
Deed
related
$200,000 · Padgett Resource Valley
May 1, 2023
$355,000
Gene Vincent Lowery
Athens Area Investment Group LLC
Warranty Deed
—
Jan 20, 2023
—
Padgett Resource Valley LLC
Rebecca Corley Padgett
Quitclaim Deed
related
—
Dec 29, 2022
$380,000
Alas Properties LLC
Clover Street Properties LLC
Warranty Deed
$380,000 · Banksouth
Jun 15, 2022
$360,000
Clover Street Properties LLC
Prevent Child Abuse Athens INC
Warranty Deed
$260,000 · Oconee State Bank
Feb 28, 2022
—
Inbooks Plus LLC
—
Deed
related
$61,200 · Synovus Bank
Nov 23, 2021
$96,000
Joe L Harrison
Willow Properties LLC
Warranty Deed
—
Oct 5, 2021
—
Athens Area Investment Grp LLC
The Leaders Investment Grp LLP
Warranty Deed
—
Sep 30, 2021
—
Harrison & Hardin LLC
—
Deed
related
$186,863 · Synovus Bank
Aug 25, 2021
$190,000
Gfrp Holdings INC
Htp Holdings LLC
Warranty Deed
—
Aug 25, 2021
—
Gfrp Holding LLC
—
Deed
related
$161,500 · South State Bank
Aug 6, 2021
$265,000
Harrison & Hardin LLC
Mary D Henn
Warranty Deed
—
Jun 15, 2021
—
Inbooks Plus LLC
—
Deed
related
$71,200 · Oconee State Bank
Jun 14, 2021
$89,000
Inbooks Plus LLC
Jjams LLC
Warranty Deed
—
May 5, 2021
$70,000
Joseph Ulm
Blue Frog Properties LP
Warranty Deed
—
Mar 8, 2021
—
Jared S Klein
Jared S Klein
Warranty Deed
related
—
Dec 30, 2020
$310,000
Kettle Creek Investments LLC
Rsdm Associates LLC
Grant Deed
$248,000 · Synovus Bk
Dec 28, 2020
$310,000
Kettle Creek Investments LLC
Rsdm Associates LLC
Warranty Deed
—
Dec 22, 2020
—
Htp Holdings LLC
Mitigation Management LLC
Quitclaim Deed
related
—
Dec 16, 2020
—
Pb3 LLC
—
Deed
related
$160,000 · First American Bk
Nov 3, 2020
$174,250
444 Properties LLC
Rv Investments LLC
Grant Deed
—
Aug 31, 2020
—
Lj Ebbert LLC
Silver Mill Farms LLC
Quitclaim Deed
related
—
Aug 20, 2020
—
Kbls Properties LLC
—
Deed
related
$232,750 · First American Bk
Aug 19, 2020
—
Jonathan E Mills
—
Deed
related
$124,111 · Bank Ozk
May 8, 2020
$150,000
Via R LLC
Summersalt Investments LLC
Grant Deed
$150,000 · South St Bk
Apr 22, 2020
—
33 Double Zero LLC
—
Deed
related
$91,800 · Synovus Bk
Apr 7, 2020
—
Rusty Maddox
Matt Shirley
Quitclaim Deed
related
—
Mar 30, 2020
$135,700
Transitions For Growth LLC
Rsp Investments LLC
Grant Deed
$140,000 · Synovus Bk
Feb 14, 2020
—
Pb3 LLC
—
Deed
related
$67,320 · Synovus Bk
Dec 31, 2019
$250,000
Malcom Properties LLC
Rsp Investments LLC
Grant Deed
—
Dec 18, 2019
—
J David Felt
Oscar L Delozier JR.
Deed
related
—
Nov 11, 2019
—
1400b LLC
—
Deed
related
$282,400 · Ameris Bk
Oct 29, 2019
$75,000
J David Felt
Oscar L Delozier JR.
Grant Deed
—
Oct 28, 2019
—
Jonathan E Mills
Stanley R Durden
Quitclaim Deed
related
—
Oct 23, 2019
$75,000
J David Felt PC
Oscar L Delozier
Warranty Deed
—
Oct 7, 2019
$75,000
Inbooks & LLC
Swm Rei LLC
Grant Deed
—
Sep 16, 2019
—
1400b LLC
Mrg Companies LLC
Quitclaim Deed
related
—
Jul 24, 2019
$72,000
Behavioral Health Prop LLC
Cain Rental LLC
Grant Deed
$57,600 · First American Bk
Jul 24, 2019
$30,000
Mark A Perry
Bonner,charles B
Warranty Deed
$30,000 · Charles B Bonner
Jun 11, 2019
$200,000
Mrg Companies LLC
Fohey,terry A
Grant Deed
—
Dec 11, 2018
—
L J Ebbert LLC
S E Ebbert LLC
Quitclaim Deed
related
—
Oct 25, 2018
$80,000
Chris Boswell
Jennings,christopher M
Grant Deed
$80,000 · Banksouth-watkinsville
Aug 30, 2018
$315,000
C & B Whitehead Prop Lllp
Herring,christopher M & Rhonda
Warranty Deed
—
Jul 2, 2018
$82,500
Willow Properties LLC
Arnoldsville Properties LLC
Grant Deed
$66,000 · Oconee St Bk
May 21, 2018
$250,000
Kbls Properties LLC
Smith,g Michael
Grant Deed
$250,000 · South St Bk
May 18, 2018
$250,000
Kbls Properties LLC
Smith G Michael
Warranty Deed
$250,000 · South State Bank
May 7, 2018
—
Plam Holdings LLC
Watkins,robert H JR
Quitclaim Deed
related
$189,000 · Branch Bk&tr
May 7, 2018
$135,000
Plam Holdings LLC
Triangle Assocs Of Chapel Hi
Warranty Deed
related
$189,000 · Branch Bk&tr
Apr 17, 2018
$100,000
Wmw Investors LLC
Barnett Rebecca D Trust
Grant Deed
$96,000 · State Bk&tr
Feb 9, 2018
$224,500
Malcom Properties LLC
Hatcher Family Trust
Grant Deed
—
Dec 29, 2017
—
Egg Island Ventures INC
—
Deed
related
$60,000 · Newton Federal Bank
Nov 3, 2017
$230,000
Rsp Investments LLC
Davis,patricia H
Grant Deed
—
Oct 30, 2017
—
Jonathan E Mills
—
Deed
related
$125,000 · Bank Of The Ozarks
Oct 24, 2017
$110,000
Rsp Investments LLC
Quinn,william H
Grant Deed
—
Jul 27, 2017
—
Triangle Associates Of Chapel
—
Deed
related
$49,606 · State Bk&tr
Jul 3, 2017
—
Pat Davis
Lavender,james M JR
Warranty Deed
related
—
Oct 6, 2016
$270,000
Christopher M Herring
Georgia Assn Of Christian Schools
Grant Deed
$202,500 · First Madison Bk&tr
Sep 27, 2016
—
Stanley R Durden
Durden,stanley R
Quitclaim Deed
related
—
Sep 26, 2016
—
Cpr Re Holdings LLC
—
Deed
related
$250,000 · South State Bank
May 9, 2016
$305,000
Rsdm Associates LLC
Athens Therapeutics INC
Grant Deed
$248,000 · First Citizens Bk
May 9, 2016
—
Rsdm Associates LLC
—
Deed
related
$248,000 · First Citizens Bank
Apr 1, 2010
$83,500
Christopher M Jennings
Patterson & Johnson Props LLC
Warranty Deed
$80,000 · Charles H Cates
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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