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Property profile & analytics
OFF-MARKET
Medical Office Space
2 Professional Ct Elberton, GA 30635-1824
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-2926979
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Construction
WOOD
Total area
4,139 SF
Lot
0.49 ac (21,344 SF)
Zoning code
ELBERTON
APN
E11 026
UPID
US22-2926979
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
by Request
Owner & transaction history
Shannondore L Sims · 4 yrs held
Shannondore L Sims
since 2021
Last sale
$100,000
3 recorded transactions
Zoning & alternative use
ELBERTON · Elberton, GA
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 Elberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elberton 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,839
Tax year 2023
Assessed value
$74,745
Assessed 2023
Previous assessed
$56,007
+33.5% YoY
Effective rate
2.46%
On assessed value
Assessed land
$10,647
Assessed improvement
$64,098
Land market value
$26,617
Improvement market value
$160,245
Total market value
$186,862
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
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
1963
Construction
WOOD
Heating
YES
Cooling
YES
Total area
4,139 SF
Lot
0.49 ac (21,344 SF)
Zoning code
ELBERTON
APN
E11 026
UPID
US22-2926979
Jurisdiction
ELBERT
Zoning & alternative use
ELBERTON · Elberton, GAZoning ELBERTON · permitted uses
ELBERTON · Elberton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 22
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.49 ac
Current owner
From public records · entity-resolved
Shannondore L Sims
Individual
Mailing address
410 CLB DR, ATHENS, GA 30607-1420
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
$100,000
Shannondore L Sims
Mm&m Properties LLC
Warranty Deed
$80,000 · Northeast Georgia Bank
Sep 22, 2017
$36,500
James W Webb
Mm
Warranty Deed
$29,200 · Northeast Georgia Bank
Sep 15, 2005
$130,000
A Vision With Amission Under G
Linda Piper Ford
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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