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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Office buildings
208 Broome St Lagrange, GA 30240-3102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1708423
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
7,315 SF
Lot
0.61 ac (26,572 SF)
Zoning code
16- DT-MX
APN
0614W010004
UPID
US22-1708423
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
$1.17M
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$864k
Blend (final)
Blend
$1.23M
Owner & transaction history
Broome Street Property LLC · 2 yrs held
Broome Street Property LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
16- DT-MX · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+189.8%
Auto repair, garage
$965,000
+57.5%
Retail stores
$795,000
+30.3%
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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
$1,230,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
RESTAURANT
$1,775,000
Change: +190% · Conversion: Moderate
AUTO REPAIR, GARAGE
$965,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$795,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.25M (Dec 21 2023)
Last sale anchor
$1.25M
Dec 21 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
$167 / 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
$15,584
Tax year 2023
Assessed value
$498,320
Assessed 2023
Previous assessed
$498,320
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$220,720
Assessed improvement
$277,600
Land market value
$551,800
Improvement market value
$694,000
Total market value
$1,245,800
Applied tax rate
19.0000
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
1955
Heating
SOLAR
Stories
1
Bathrooms
1
Total area
7,315 SF
Lot
0.61 ac (26,572 SF)
Zoning code
16- DT-MX
APN
0614W010004
UPID
US22-1708423
Jurisdiction
TROUP
Zoning & alternative use
16- DT-MX · Lagrange, GA
Zoning 16- DT-MX · permitted uses
16- DT-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lagrange. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$965,000
RETAIL STORES
Est. value
$795,000
RESTAURANT
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
1955
Heating
SOLAR
Stories
1
Bathrooms
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Broome Street Property LLC
Entity
Mailing address
208 W BROOME ST, LAGRANGE, GA 30240-3102
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Broome Street Property LLC
—
Deed
related
$1,197,910 · Pinnacle Bank
Dec 21, 2023
—
Broome Street Property LLC
Mg Investments Of Lagrange LLC
Quit Claim Deed
related
$1,010,080 · Synovus Bank
Sep 29, 2022
$1,250,000
Mg Investments Of Lagrange LLC
Nick Poe
Warranty Deed
$250,000 · Carter Kimble
Oct 2, 2017
$1,000,000
Nick Poe
Ellis & Ellis Realty LLC
Warranty Deed
related
$50,000 · Ellis & Ellis Relty LLC
Mar 14, 2007
$432,500
Elis Realty INC
Mansour Realty Co INC
Grant Deed
—
—
—
Ellis & Ellis Realty LLC
—
Deed Of Trust
related
$502,021 · Charterbank
—
—
Ellis & Ellis Realty LLC
—
Loan Modification
related
$987,600 · Columbus Bank & Trust Co
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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