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Property profile & analytics
OFF-MARKET
Estimated value
$315,000
Garden apartment buildings
201 Dr John T Pettit St Canton, GA 30114-3000
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-4206466
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1999
Construction
WOOD
Total area
2,494 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RA-8
APN
91N21 135 A
UPID
US22-4206466
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
$515k
Comparable Approach
Comparable
$417k
Blend (final)
Blend
$315k
Owner & transaction history
Canton Investment Properties INC
Canton Investment Properties INC
since 2026
Last sale
$753,800
1 recorded transaction
Zoning & alternative use
RA-8 · Canton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide for high density residential attached residences duplexes, tri plexus, and quad plexus
Zone name
Residential Attached 8 Dwelling Unit Per Acre
General category
RESIDENTIAL
Zone area
40.61 ac
Source
Realmo
Top alternative use upside
Office building
$520,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$420,000
Current use
OFFICE BUILDING
$520,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$410,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$365,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$315k
Range $284k – $347k · ±10% · vs last sale $754k (Jan 5 2026)
Last sale anchor
$754k
Jan 5 2026
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
$126 / 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
$4,270
Tax year 2023
Assessed value
$175,528
Assessed 2023
Previous assessed
$175,528
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$111,840
Assessed improvement
$63,688
Land market value
$279,600
Improvement market value
$159,220
Total market value
$438,820
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
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
3
Bathrooms
1
Total area
2,494 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RA-8
APN
91N21 135 A
UPID
US22-4206466
Jurisdiction
CHEROKEE
Zoning & alternative use
RA-8 · Canton, GAZoning 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
Zoning description
This district is intended to provide for high density residential attached residences duplexes, tri plexus, and quad plexus
Zone name
Residential Attached 8 Dwelling Unit Per Acre
General category
RESIDENTIAL
Zone area
40.61 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$420,000
OFFICE BUILDING
Est. value
$520,000
MEDICAL BUILDING
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$365,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Canton Investment Properties INC
Entity
Free & Clear · 0 yrs held
Mailing address
1533 LK KOINONIA DR, WOODSTOCK, GA 30189-3576
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
$753,800
Canton Investment Properties INC
Kevin Jay Heilfron
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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