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Property profile & analytics
OFF-MARKET
Office buildings
20 Cherry St Statesboro, GA 30458-4804
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2177182
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
STEEL FRAME
Total area
3,033 SF
Lot
0.37 ac (16,117 SF)
Zoning code
LI
APN
S29-029-000
UPID
US22-2177182
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
-
Habitat for Humanity Discount Store
-
Downtown Statesboro Dog Park Dog Park
-
Auto Outlet of Statesboro Car Dealership
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
20 East Holdings LLC · 1 yrs held
20 East Holdings LLC
since 2024
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
LI · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the LI district is to establish and preserve areas for industrial and related uses of such a nature that they do not create serious problems of compatibility with other kinds of uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
378.92 ac
Source
Realmo
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
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
$3,491
Tax year 2023
Assessed value
$122,159
Assessed 2023
Previous assessed
$122,159
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$17,760
Assessed improvement
$104,399
Land market value
$44,400
Improvement market value
$260,998
Total market value
$305,398
Applied tax rate
8.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Total area
3,033 SF
Lot
0.37 ac (16,117 SF)
Zoning code
LI
APN
S29-029-000
UPID
US22-2177182
Jurisdiction
BULLOCH
Zoning & alternative use
LI · Statesboro, GAZoning LI · permitted uses
LI · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the LI district is to establish and preserve areas for industrial and related uses of such a nature that they do not create serious problems of compatibility with other kinds of uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
378.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1955
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
20 East Holdings LLC
Entity
Mailing address
1125 RJ KENNEDY RD, STATESBORO, GA 30461-2243
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
—
20 East Holdings LLC
Realspace Services INC
Quit Claim Deed
related
$234,749 · Citizens Bank Of The South
Sep 17, 2021
$300,000
Realspace Services INC
20 East Cherry Street LLC
Warranty Deed
$225,000 · 20 East Cherry Street
May 23, 2016
—
20 East Cherry Street LLC
—
Deed
related
$69,533 · Farmers & Merchants Nat'l Bk
Jan 5, 2011
$75,000
20 East Cherry Street LLC
Queensborough Natl Bk & Trust C
Warranty Deed
—
Dec 28, 2010
—
20 East Cherry Street LLC
Queensborough,national Ban
Grant Deed
related
—
Jun 20, 2008
—
20 East Cherry Street LLC
Not Provided
Deed
—
—
—
20 East Cherry Street LLC
—
Deed Of Trust
related
$69,533 · Farmers & Merchants Nat'l Bk
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.
Try Rey
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