Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,190,000
Garden apartment buildings
210 Lanier Dr Statesboro, GA 30458-3750
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-0131257
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Construction
METAL FRAME
Total area
6,912 SF
Lot
4.48 ac (195,149 SF)
Zoning code
R4
APN
MS63 -008-000
UPID
US22-0131257
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
-
Lanier Place Apartments Apartment Complex
-
College Walk Apartments Apartments
-
sallie Zetterower elementary High School
-
The Parks at Lanier Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.19M
Owner & transaction history
Parks At Lanier LLC · 3 yrs held
Parks At Lanier LLC
since 2022
Last sale
$6.2M
5 recorded transactions
Zoning & alternative use
R4 · Statesboro, 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$8,755,000
ML approach
$7,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.19M
Range $6.47M – $7.91M · ±10% · vs last sale $6.19M (Aug 29 2022)
Last sale anchor
$6.19M
Aug 29 2022
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
$1,040 / 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
$70,880
Tax year 2023
Assessed value
$1,267,440
Assessed 2023
Previous assessed
$2,475,200
-48.8% YoY
Effective rate
5.59%
On assessed value
Assessed land
$164,920
Assessed improvement
$1,102,520
Land market value
$412,300
Improvement market value
$2,756,300
Total market value
$3,168,600
Applied tax rate
1.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
METAL FRAME
Heating
YES
Cooling
YES
Buildings
10
Total area
6,912 SF
Lot
4.48 ac (195,149 SF)
Zoning code
R4
APN
MS63 -008-000
UPID
US22-0131257
Jurisdiction
BULLOCH
Zoning & alternative use
R4 · Statesboro, GA
Zoning R4 · permitted uses
R4 · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Buildings
10
Lot
4.48 ac
Current owner
From public records · entity-resolved
Parks At Lanier LLC
Entity
Mailing address
112 S MAGNOLIA ST, SUMMERVILLE, SC 29483-6321
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2022
$6,188,000
Parks At Lanier LLC
Lanier Place Investment Grp LLC
Limited Warranty Deed
$5,546,000 · Corevest American Finance Lender
Aug 13, 2021
$3,250,000
Lanier Place Investment Grp LLC
Statesboro Holdings LLC
Limited Warranty Deed
$3,947,500 · Pender West Credit 1 Reit
Aug 22, 2014
$2,173,500
Statesboro Holdings LLC
Gecmc 2005-c2 Living 210 LP
Grant Deed
related
—
Sep 6, 2013
$2,695,000
Gecmc 2005-c2 Living 210 LP
Sm-statesboro LLC
Trustees Deed
—
Sep 3, 2013
$2,695,000
2005 C2 Living 210 Limit Gecmc
Sm Statesboro LLC
Grant Deed
related
—
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?”
You own 210 Lanier Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.