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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Office buildings
205 Corporate Ctr Dr, Stockbridge, GA 30281-7383
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-4740150
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
WOOD
Total area
7,780 SF
Lot
0.43 ac (18,687 SF)
APN
051-01062000
UPID
US22-4740150
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
-
Hecht Walker, P.C. Law Firm
-
Pate Joseph PhD Physician Medical Clinic
-
Embracing Change Counseling Services, LLC Nutritionist Psychotherapist
-
Hudson Freight Logistics Company Freight Service
-
Edward Jones - Financial Advisor: Takilya S Stewart Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Khodal 2023 LLC · 3 yrs held
Khodal 2023 LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+42.2%
Auto repair, garage
$1.6M
+31.3%
Retail stores
$1.6M
+27.7%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$2,230,000
ML approach
$2,240,000
CAP Approach
CAP Return
Estimation
6%
$1,850,000
6.5%
$1,710,000
7%
$1,590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,735,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,605,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,560,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.10M (Feb 27 2023)
Last sale anchor
$2.10M
Feb 27 2023
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
$279 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,807
Tax year 2024
Assessed value
$324,240
Assessed 2024
Previous assessed
$324,240
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$52,320
Assessed improvement
$271,920
Land market value
$130,800
Improvement market value
$679,800
Total market value
$810,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
6
Total area
7,780 SF
Lot
0.43 ac (18,687 SF)
APN
051-01062000
UPID
US22-4740150
Jurisdiction
HENRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
0.43 ac
Current owner
From public records · entity-resolved
Khodal 2023 LLC
Entity
Mailing address
205 CORPORATE CTR DR, STOCKBRIDGE, GA 30281-7383
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
—
Khodal 2023 LLC
—
Deed
related
$1,574,500 · Robins Financial Credit Union
Feb 27, 2023
$2,100,000
Khodal 2023 LLC
New Mcdonough Investment LLC
Limited Warranty Deed
$1,600,000 · New Mcdonough Investment
Mar 29, 2022
$2,150,000
New Mcdonough Investment LLC
Niam Investments LLC
Warranty Deed
—
Jul 2, 2019
$772,500
Niam Investments LLC
205 Corp Center Drive LLC
Grant Deed
$1,400,000 · Cornerstone Com'l Mtgs
May 22, 2018
—
205 Corp Center Drive LLC
—
Deed
related
$505,000 · Synovus Bk
Mar 12, 2018
—
205 Corp Center Drive LLC
—
Deed
related
$505,000 · Synovus Bk
Jul 22, 2004
$691,200
Pcm Holdings LLC
Cypress Dev & Realty Of Ga INC
Quit Claim Deed
related
—
Apr 12, 2004
$768,000
Cypress Dev & Rlty Ga INC
G & D Prop Invst LLC
Warranty Deed
$691,200 · Southern Horizon Bk
—
—
205 Corp Center Drive LLC
—
Loan Modification
related
$555,701 · State Bk&tr
—
—
205 Corp Center Drive LLC
—
Deed Of Trust
related
$505,000 · Synovus Bk
—
—
205 Corp Center Drive LLC
—
Deed Of Trust
related
$505,000 · Synovus 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.
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