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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office Spaces
161 Nathaniel Dr East Dublin, GA 31027-2613
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3634010
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Construction
CONCRETE
Total area
12,400 SF
Lot
242.04 ac (10,543,262 SF)
Zoning code
UNZONED RURAL
APN
E20D-001
UPID
US22-3634010
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$630k
Owner & transaction history
Terraverde Properties LLC · 2 yrs held
Terraverde Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
UNZONED RURAL · East Dublin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+6.5%
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 East Dublin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Dublin 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$960,000
Current use
RETAIL STORES
$1,020,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$51 / 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
$6,772
Tax year 2023
Assessed value
$265,289
Assessed 2023
Previous assessed
$265,289
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$152,179
Assessed improvement
$113,110
Land market value
$380,448
Improvement market value
$282,775
Total market value
$663,223
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1980
Construction
CONCRETE
Total area
12,400 SF
Lot
242.04 ac (10,543,262 SF)
Zoning code
UNZONED RURAL
APN
E20D-001
UPID
US22-3634010
Jurisdiction
LAURENS
Zoning & alternative use
UNZONED RURAL · East Dublin, GA
Zoning UNZONED RURAL · permitted uses
UNZONED RURAL · East Dublin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Dublin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$960,000
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Lot
242.04 ac
Current owner
From public records · entity-resolved
Terraverde Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11900 BELLAIRE BLVD STE B, HOUSTON, TX 77072-2305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2023
$800,000
Terraverde Properties LLC
T&m International Trading LLC
Warranty Deed
—
Apr 6, 2010
$12,000
Jason Kelly Thigpen
Donald C Thigpen
Deed
related
—
May 11, 2009
$750,000
T & M International Trading LLC
Troy Au LLC
Deed
—
Feb 12, 2007
$89,512
Webster Stevens
Victor Forstmann INC
Deed
—
Aug 24, 2006
$26,393
Donald C Thigpen
Victor Forstmann INC
Deed
—
Jun 27, 2006
$18,126
Donald C Thigpen
Victor Forstmann INC
Deed
—
Jun 14, 2006
$17,718
Donald C Thigpen
Victor Forstmann INC
Deed
—
Apr 4, 2006
$52,500
Donald C Thigpen
Victor Forstmann
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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