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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Office Spaces
1602 Lakeview Pkwy, Villa Rica, GA 30180-7830
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-0394819
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Construction
STEEL FRAME
Total area
6,477 SF
Lot
1.42 ac (61,855 SF)
Zoning code
PUD
APN
F01- -0517
UPID
US22-0394819
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
-
Wyndham at Fairfield Vacation Rental Real Estate Agency
-
Prestige Properties Real Estate Agency
-
Villas at Fairfield Hotel & Motel Resort
-
Fairfield Plantation Resort Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$770k
Owner & transaction history
Lynette Herd · 2 yrs held
Lynette Herd
since 2024
7 recorded transactions
Zoning & alternative use
PUD · Villa Rica, 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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
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
$119 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,122
Tax year 2023
Assessed value
$164,370
Assessed 2023
Previous assessed
$164,370
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$9,656
Assessed improvement
$154,714
Land market value
$24,140
Improvement market value
$386,786
Total market value
$410,926
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
6,477 SF
Lot
1.42 ac (61,855 SF)
Zoning code
PUD
APN
F01- -0517
UPID
US22-0394819
Jurisdiction
CARROLL
Zoning & alternative use
PUD · Villa Rica, GA
Zoning PUD · permitted uses
PUD · Villa Rica, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Rica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
1.42 ac
Current owner
From public records · entity-resolved
Lynette Herd
Individual
Free & Clear · 2 yrs held
Mailing address
1602 LAKEVIEW PKWY, VILLA RICA, GA 30180-7830
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
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
Lynette Herd
Joseph E Porter
Quit Claim Deed
related
—
Jan 14, 2021
—
Edward Steele
Jesse Lamar Ryan
Warranty Deed
—
Feb 13, 2019
—
Lake Tara II Twnhse Assn INC
Pletcher,carl & Shelby
Correction Deed
related
—
Nov 17, 2017
$700
James E Robinson JR
Brown,jimmy D & Rina A
Warranty Deed
related
—
Apr 3, 2014
$500
Lawrence Joyce
Project Philanthropy INC
Warranty Deed
related
—
Feb 12, 2013
$100
Lamar Burson Co
Chanay,iliad L JR
Grant Deed
related
—
Dec 21, 2012
—
Wyndham Vacation Resorts INC
Fritz,robert
Grant Deed
related
—
Aug 20, 2012
$100
Daniel Michael Shahar
Support Affilliation LLC
Grant Deed
related
—
Mar 26, 2012
$100
Lawrence Joyce
Project Philanthropy INC
Grant Deed
related
—
Mar 13, 2012
—
Support Affiliation LLC
Tatusko,joseph
Grant Deed
related
—
Dec 8, 2011
—
Project Philanthropy INC
Pula,edith N
Grant Deed
related
—
May 27, 2011
$3,500
Rolando Gandola
55432 LLC
Grant Deed
—
May 12, 2011
—
55432 LLC
Anderson,james A & Brenda V
Warranty Deed
related
—
Jun 14, 2010
$100
Robert Micahel Midkiff
Mccants,herman M
Grant Deed
related
—
Nov 16, 2009
$200
The Cardenas Family Trust LLC
Vi Network INC
Grant Deed
related
—
Feb 5, 2009
$200
Lawyers Title Insurance Corp
Bobbit,james M JR
Grant Deed
related
—
Jan 22, 2009
$1,500
Gurujot Khalsa
Khalsa,guru Terath
Grant Deed
related
—
Sep 1, 2007
—
Faith W Foster
Foster,faith W
Quit Claim Deed
related
—
Nov 16, 2006
$300
Tyho INC
Patton,len W
Grant Deed
related
—
Sep 6, 2006
—
Kevin L Hoskinson
Hoskinson,shirley L
Quit Claim Deed
related
—
Jul 24, 2006
—
Tara Townhouse I Lake
Hale,stephen D
Grant Deed
related
—
Jun 27, 2006
$2,176
Harvey L Curlee
Hames,john D
Grant Deed
related
—
Apr 19, 2006
—
Whetstone Family Trust
Whetstone,james R
Quit Claim Deed
related
—
—
—
Prestige Properties Plantation
—
Loan Modification
related
$511,192 · First Georgia Banking Co
—
—
Prestige Properties Plantation
—
Deed Of Trust
related
$566,924 · First Georgia Bank
—
—
Prestige Props Plantation INC
—
Loan Modification
related
$539,448 · First Georgia Banking Co
—
—
Lake Tara Townhouse Assn I INC
—
Loan Modification
related
$158,170 · First Georgia Banking Co
—
—
Prestige Props Plantation INC
—
Loan Modification
related
$539,448 · First Georgia Banking Co
—
—
Prestige Prop Plantation INC
—
Deed Of Trust
related
$249,297 · Bank Ozk
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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