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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Specialty properties
17358 Hwy 67 Statesboro, GA 30458-2469
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-2132814
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2013
Construction
STEEL FRAME
Total area
9,870 SF
Lot
46.47 ac (2,024,233 SF)
Zoning code
CR/R4
APN
MS88 -026-000
UPID
US22-2132814
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
Cottage Row Development LLC Etal · 3 yrs held
Cottage Row Development LLC Etal
since 2022
7 recorded transactions
Zoning & alternative use
CR/R4 · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+43.5%
Auto repair, garage
$1.1M
+38.0%
Commercial (general)
$1.0M
+28.3%
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$810,000
Current use
RESTAURANT
$1,165,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,120,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,040,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$1,040,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$760,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$87 / 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
$620,027
Tax year 2023
Assessed value
$21,952,120
Assessed 2023
Previous assessed
$21,952,120
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,654,560
Assessed improvement
$20,297,560
Land market value
$4,136,400
Improvement market value
$50,743,900
Total market value
$54,880,300
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
NONE
Buildings
15
Stories
1
Rooms
5
Bathrooms
1
Total area
9,870 SF
Lot
46.47 ac (2,024,233 SF)
Zoning code
CR/R4
APN
MS88 -026-000
UPID
US22-2132814
Jurisdiction
BULLOCH
Zoning & alternative use
CR/R4 · Statesboro, GA
Zoning CR/R4 · permitted uses
CR/R4 · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$810,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$760,000
MEDICAL BUILDING
Est. value
$725,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
2013
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
15
Rooms
5
Bathrooms
1
Lot
46.47 ac
Current owner
From public records · entity-resolved
Cottage Row Development LLC Etal
Entity
Free & Clear · 3 yrs held
Mailing address
2506 GALEN DR STE #106, CHAMPAIGN, IL 61821-7047
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2023
—
Af Cottage Row II Property LLC
—
Deed
related
$46,880,000 · Northmarq Capital
Dec 31, 2022
—
Cottage Row Development LLC Etal
Cottage Row Development LLC
Limited Warranty Deed
—
Jul 22, 2020
$45,200,000
Cottage Row Dev LLC
Rss Msbam2014c17-ga Bgsg LLC
Grant Deed
$32,750,000 · Ameris Bk
Aug 14, 2014
$180,000
Dakshesh I Shroff
Bgsg Commercial LLC
Grant Deed
—
Jan 10, 2014
$3,311,100
Bgsg Commercial LLC
Breckenridge Group Statesboro
Warranty Deed
$49,300 · Morgan Stanley Mtg Cap Holding
Jan 7, 2014
$3,310,961
Bgsg Commercial LLC
Breckenridge Grp Statesboro Georgia LLC
Grant Deed
—
Dec 30, 2013
—
Mayor & City Council Of City & Stat
Breckenridge Group Statesboro
Quit Claim Deed
related
—
Oct 28, 2013
$530,000
Dakshesh Shroff
Breckenridge Group Statesboro
Grant Deed
$1,415,000 · Citizens Bank Of Bulloch Co
Oct 25, 2013
$530,000
Dakshesh Shroff
Grp Statesbor Breckenridge
Warranty Deed
$1,415,000 · Citizens Bank Of Bulloch County
Sep 9, 2013
—
Mayor & City Council Of The Ci
Breckenridge Grp Statesboro Georgia LLC
Grant Deed
related
—
Jun 5, 2012
$2,600,000
Breckenridge Group Statesboro
Coleman,martha W
Grant Deed
$37,811,118 · J P Morgan Chase Bank
May 31, 2012
$2,600,000
Breckenridge,grp Statesboro Ge
Coleman,martha Wilma
Grant 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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