Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    204 Wall St Calhoun, GA 30701
    Back to Search
    Property profile & analytics

    204 Wall St, Calhoun, GA 30701

    View on Map
    • Office buildings
    • 3,482 SF
    • 0.30 lot acres
    Off-Market
    Property ID
    US22-1412326
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Barre Fitness Studio / Gym & Fitness Center
    • The Salisbury Group S3 / Real Estate Agency
    • Audrey Bowling, KW Signature Partners / Real Estate Agency
    • Lori Thomason: Keller Williams Premier North Georgia / Real Estate Agency
    • Brandon Williams, Keller Williams Realty / Real Estate Agency

    Property Details for 204 Wall St

    Year built
    1973
    Lot size
    0.30 lot acres
    Zone code
    C-1
    Property type
    Office buildings
    APN
    C24 - -196
    APU
    C24196

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 29, 2020 — Top Gun Properties LLC — Deed · related $75k · First Bk/calhoun
    Aug 8, 2019 — Top Gun Properties LLC — Deed · related $121k · First Bk/calhoun
    May 1, 2019 — Top Gun Properties LLC — Deed Of Trust · related $50k · First Bk/calhoun
    Sep 8, 2017 — Top Gun Properties LLC — Deed · related $328k · North Ga Nat'l Bk
    Apr 12, 2017 — Top Gun Properties LLC — Deed · related $249k · North Ga Nat'l Bk
    Jan 18, 2017 — Top Gun Properties LLC Maddox,ila B Quit Claim Deed · related —
    Jan 18, 2017 $148,000 Top Gun Properties LLC Tremos LLC Warranty Deed $207k · North Ga Nat'l Bk
    May 28, 2010 — Tremos LLC Maddox,beth Warranty Deed —
    Jan 27, 2009 — Beth Maddox Maddox,j C Quit Claim Deed —
    — — Top Gun Properties LLC — Deed Of Trust · related $121k · First Bk/calhoun
    — — Top Gun Properties LLC — Loan Modification · related $75k · First Bk/calhoun
    — — Top Gun Properties LLC — Loan Modification · related $328k · North Ga Nat'l Bk
    — — Top Gun Properties LLC — Loan Modification · related $249k · North Ga Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Calhoun
    County
    Gordon
    State
    Georgia
    Longitude
    -84.9516
    Latitude
    34.5039
    CBSA code
    15660
    CBSA name
    CALHOUN, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,555
    $18,000
    $37,320
    $55,320
    -
    $45,000
    $93,300
    $138,300

    Comparable in this City

    • Value Estimation by Request
      1,260 SF

      Ct St

      OFFICE BUILDING
      Ct St, Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      2,664 SF

      1108 Wall St

      OFFICE BUILDING
      1108 Wall St, Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      2,370 SF

      103 Riv St

      OFFICE BUILDING
      103 Riv St, Calhoun, GA 30701-2138
      View Details
    • Value Estimation by Request
      1,600 SF

      519 Oothcalooga St

      OFFICE BUILDING
      519 Oothcalooga St, Calhoun, GA 30701-2497
      View Details
    • Value Estimation by Request
      1,568 SF

      614 Red Bud NE Rd

      OFFICE BUILDING
      614 Red Bud NE Rd, Calhoun, GA 30701-1995
      View Details
    • Value Estimation by Request
      662 SF

      203 Piedmont St

      OFFICE BUILDING
      203 Piedmont St, Calhoun, GA 30701
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Parcels Auction in Calhoun

      Commercial parcels totaling 1.44 acres to be sold at auction.
      822 S Wall St, Calhoun, GA 30701
      View Details
    • $599,000
      3,100 SF

      Downtown Calhoun Professional Office Building

      Two-story office building on a corner lot near the Courthouse.
      417 Court St, Calhoun, GA 30701
      View Details
    • Contact for pricing

      Downtown Office Building For Sale

      Two-story office building in downtown location, suitable for professionals.
      417 Court St, Calhoun, GA 30701
      View Details
    • New
      $600,000
      0.84 Acres

      Flex Warehouse with Office

      Metal warehouse with front office/reception and overhead door access, plus a fenced gravel yard for storage and equipment parking.
      75 North Dr NE, Calhoun, GA 30701
      View Details
    • New
      $895,000
      3,850 SF

      Turnkey Automatic Car Wash Facility

      Automatic car wash plus office and retail space with 2024 equipment upgrades and self-service vacuum stations.
      605 S Wall St, Calhoun, GA 30701
      View Details
    • $659,000

      Calhoun Mixed-Use Commercial Property

      Prime Calhoun location, high visibility, ready to build.
      0 Outlet Center Dr, Calhoun, GA 30701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Stand-Alone Building Near Highway 53

      Versatile commercial space with ample parking and highway access.
      355 Richardson Rd SE, Calhoun, GA 30701
      View Details
    • Contact for pricing

      Prime Highway 41 Commercial Space

      Commercial space for lease on heavy-traffic Highway 41.
      514 S Wall St, Calhoun, GA 30701
      View Details
    • $2,595 /Mo
      46,174 SF

      Medical Office Suite For Lease

      Turnkey 1,500 SF medical suite in Calhoun, GA.
      111 Laurel Creek Rd SE, Calhoun, GA 30701
      View Details
    • Contact for pricing

      Warehouse Space Available For Lease

      Warehouse and industrial space available for lease in Calhoun, Georgia.
      760 Lovers Lane Rd Southeast, Calhoun, GA 30701
      View Details
    • $8 SF/Yr

      Industrial Building with Loading Platform

      28,220 SF industrial building with dock-high loading access.
      501 Richardson Rd SE, Calhoun, GA 30701
      View Details
    • $8 SF/Yr

      Industrial Shop Building For Lease

      7,560 SF industrial shop building available for lease.
      501 Richardson Rd SE, Calhoun, GA 30701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 Wall St
    Calhoun, GA 30701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    204 Wall St, Calhoun, GA, 30701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!