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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Garden apartment buildings
190 Dr John T Pettit St, Canton, GA 30114-3084
Entity Owned
3-yr Hold
Property ID
US22-0498146
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1996
Construction
WOOD
Total area
3,278 SF
Lot
0.71 ac (30,928 SF)
Zoning code
RA-8
APN
91N21 131
UPID
US22-0498146
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
$1.06M
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$1.03M
Owner & transaction history
190 Dr John Canton LLC · 3 yrs held
190 Dr John Canton LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
RA-8 · Canton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$685,000
+24.8%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$985,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$675,000
7%
$630,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$685,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.08M (Sep 6 2022)
Last sale anchor
$1.08M
Sep 6 2022
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
$314 / 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
$11,388
Tax year 2023
Assessed value
$402,400
Assessed 2023
Previous assessed
$402,400
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$185,560
Assessed improvement
$216,840
Land market value
$463,900
Improvement market value
$542,100
Total market value
$1,006,000
Applied tax rate
3.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
4
Bathrooms
4
Total area
3,278 SF
Lot
0.71 ac (30,928 SF)
Zoning code
RA-8
APN
91N21 131
UPID
US22-0498146
Jurisdiction
CHEROKEE
Zoning & alternative use
RA-8 · Canton, GA
Zoning RA-8 · permitted uses
RA-8 · Canton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$685,000
OFFICE 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
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
4
Lot
0.71 ac
Current owner
From public records · entity-resolved
190 Dr John Canton LLC
Entity
Mailing address
111 ROGERS AVE, SOMERVILLE, MA 02144-2208
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
Sep 6, 2022
$1,075,000
190 Dr John Canton LLC
190 Jtp St LLC
Warranty Deed
$559,200 · Heritage Southeast Bank
Oct 18, 2018
$835,000
190 Jtp St LLC
Latimer Aprtments LLC
Warranty Deed
$630,000 · Banksouth-lake Office
Jul 14, 2017
—
Latimer Apartments LLC
—
Deed
related
$352,694 · First Bank
Dec 5, 2016
—
3jb LLC
—
Deed
related
$282,311 · Bank Of The Ozarks
Nov 21, 2016
—
3jb LLC
—
Deed
related
—
Jul 21, 2009
$405,000
Heilfron,kevin J Living Trust
3jb LLC
Warranty Deed
—
Feb 10, 2005
$1,575,000
3jb LLC
Webb & Lathem Properties LLP
Warranty Deed
$86,221 · Webb & Lathem Properties LLP
—
—
3jb LLC
—
Deed Of Trust
related
$1,665,793 · First Cherokee State Bank
—
—
3jb LLC
—
Loan Modification
related
—
—
—
3jb LLC
—
Loan Modification
related
—
—
—
3jb LLC
—
Loan Modification
related
$282,311 · Bank Of The Ozarks
—
—
3jb LLC
—
Deed Of Trust
related
—
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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