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Property profile & analytics
FOR LEASE
Office buildings
203 Taylor St Griffin, GA 30223-3421
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1319430
For Lease
1 / 2
$1,495/Mo
203 Taylor St, Griffin, GA 30223-3421
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
4,848 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CBD
APN
017 -45-013
UPID
US22-1319430
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
-
Murray Company, Realtors Real Estate 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
Josh Sprayberry · 5 yrs held
Josh Sprayberry
since 2021
Last sale
$233,426
7 recorded transactions
Zoning & alternative use
CBD · Griffin, 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$9,279
Tax year 2023
Assessed value
$240,491
Assessed 2023
Previous assessed
$240,491
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$64,819
Assessed improvement
$175,672
Land market value
$162,048
Improvement market value
$439,179
Total market value
$601,227
Applied tax rate
5.0000
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
For Lease
Year built
1986
Construction
WOOD
Heating
YES
Cooling
YES
Total area
4,848 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CBD
APN
017 -45-013
UPID
US22-1319430
Jurisdiction
SPALDING
Zoning & alternative use
CBD · Griffin, GA
Zoning CBD · permitted uses
CBD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.31 ac
Current owner
From public records · entity-resolved
Josh Sprayberry
Individual
Mailing address
203 E TAYLOR ST, GRIFFIN, GA 30223-3421
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2021
—
Josh Sprayberry
Gnat Properties LLC
Warranty Deed
—
Jan 28, 2021
$233,426
G Niles Murray
Josh Sprayberry
Warranty Deed
—
Feb 27, 2018
$256,800
Gnat Properties LLC
Furlow,t M JR
Warranty Deed
—
Feb 27, 2018
—
Gnat Properties LLC
Dorothy Murray LLC
Warranty Deed
$467,500 · Branch Bk&tr
Apr 8, 2008
—
Dorothy Murray LLC
Murray,g Niles III
Quit Claim Deed
related
—
Mar 26, 2008
—
Dorothy Murray LLC
Murray,g Niles
Quit Claim Deed
related
—
—
—
Murray G Niles III
—
Deed Of Trust
related
$390,000 · Security Bank Of Bibb
—
—
George N Murray III
—
Loan Modification
related
$362,282 · State Bank & Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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