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Property profile & analytics
OFF-MARKET
Medical Office Space
157 Main St Jonesboro, GA 30236-3597
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0129482
Property summary
AI-generated overview
This single-story, 2,610 square foot Class C office building in downtown Jonesboro, Georgia, presents a fantastic leasing opportunity. Located at 157 N Main St, this property boasts 1,250 square feet of immediately available space, divisible to a minimum of 1,250 contiguous square feet. The building, constructed in 1967, features two suites in total, with ample parking (20 spaces) available. The layout includes a reception area, four private offices, and at least one bathroom. The property sits on 0.83 acres of land and benefits from a high-traffic location near Senoia Rd, with convenient access to local restaurants and the downtown area. Zoned C O/I, this versatile space is ideal for a variety of office uses, including medical practices. The building offers both front and back entrances, providing convenient access for clients and staff. This is a prime commercial lease opportunity in a thriving downtown location. The APN is 13241B B008.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
2,610 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C
APN
13-241B- B-008
UPID
US22-0129482
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
-
Jonesboro Family Dental Center Dental Office
-
Highmark Dental Dental Office
-
Farmers Insurance - Prince Gontee Insurance Agency
-
Clayton Health Care Medical Clinic
-
Dr. Ramesh G. Reddy, MD Physician
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
Anchor Properties 2 LLC · 5 yrs held
Anchor Properties 2 LLC
since 2020
Last sale
$250,000
1 recorded transaction
Zoning & alternative use
C · Jonesboro, 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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,630
Tax year 2024
Assessed value
$93,040
Assessed 2024
Previous assessed
$96,520
-3.6% YoY
Effective rate
3.90%
On assessed value
Assessed land
$28,920
Assessed improvement
$64,120
Land market value
$72,300
Improvement market value
$160,300
Total market value
$232,600
Applied tax rate
4.0000
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
1967
Heating
NONE
Total area
2,610 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C
APN
13-241B- B-008
UPID
US22-0129482
Jurisdiction
CLAYTON
Zoning & alternative use
C · Jonesboro, GA
Zoning C · permitted uses
C · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
0.83 ac
Current owner
From public records · entity-resolved
Anchor Properties 2 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
20 MARIAN CIR, GRIFFIN, GA 30223-8813
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
$250,000
Anchor Properties 2 LLC
John H Goddard III
Warranty Deed
—
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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