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Property profile & analytics
OFF-MARKET
Commercial land
2024 Walt Stephens Rd Jonesboro, GA 30236-3808
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0487466
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
51.38 ac (2,238,113 SF)
Zoning code
UV
APN
12-014B- A-001
UPID
US22-0487466
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
-
Make It Village High School Vocational School
-
Cultivating Humanity Charitable Organization Social Service Agency
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
Harvest Village LLC · 3 yrs held
Harvest Village LLC
since 2023
7 recorded transactions
Zoning & alternative use
UV · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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 2024Property tax & assessments
Tax year 2024
Tax billed
$23,108
Tax year 2024
Assessed value
$322,280
Assessed 2024
Previous assessed
$322,280
+0.0% YoY
Effective rate
7.17%
On assessed value
Assessed land
$322,280
Land market value
$805,700
Total market value
$805,700
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
51.38 ac (2,238,113 SF)
Zoning code
UV
APN
12-014B- A-001
UPID
US22-0487466
Jurisdiction
CLAYTON
Zoning & alternative use
UV · Jonesboro, GA
Zoning UV · permitted uses
UV · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
51.38 ac
Current owner
From public records · entity-resolved
Harvest Village LLC
Entity
Free & Clear · 3 yrs held
Mailing address
378 RUNNING PNE TRL, DAWSONVILLE, GA 30534-5045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jul 20, 2023
—
Harvest Village LLC
Ckc Commercial Properties LLC
Warranty Deed
—
Mar 22, 2022
$1,475,000
Ckc Commercial Properties LLC
Lees Mill INC
Limited Warranty Deed
—
Jan 24, 2022
$650,000
Ckc Commercial Properties LLC
Ralph Zellem
Warranty Deed
—
Oct 18, 2017
$225,300
Ralph Zellem
Walker Nursery Farms INC
Grant Deed
—
Oct 18, 2017
$39,750
Ralph Zellem
Walker Perry D JR
Grant Deed
$256,000 · Heritage Bk
Mar 30, 2010
—
Lees Mill INC
Shailendra,m
Grant Deed
related
—
Mar 24, 2004
$350,700
Walker Nursery Farms INC
Walker,perry D JR
Warranty Deed
related
$350,632 · Suntrust Bk/tallahassee
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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