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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
2121 Salem SE Rd Conyers, GA 30013-1823
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1815400
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Construction
CONCRETE BLOCKS
Total area
3,195 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MXD
APN
076-0-01-012D
UPID
US22-1815400
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
-
Atlanta Plus Primary & Urgent Care Conyers Medical Clinic
-
Savonia Grant Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$535k
Owner & transaction history
Ap Billing LLC · 1 yrs held
Ap Billing LLC
since 2025
5 recorded transactions
Zoning & alternative use
MXD · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Mixed use Development (MxD) District is to advocate the creation and preservation of a distinct and visually harmonious community of choice that is compact, mixed-use and pedestrian friendly, and supports patterns of urbanization that are stimulating, safe and ecologically sustainable
Zone name
Mixed Use Development
General category
MIXED_USE
Zone area
713.42 ac
Source
Realmo
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$590,000
Current use
RETAIL STORES
$510,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$12,661
Tax year 2023
Assessed value
$308,320
Assessed 2023
Previous assessed
$308,320
+0.0% YoY
Effective rate
4.11%
On assessed value
Assessed land
$52,240
Assessed improvement
$256,080
Land market value
$130,600
Improvement market value
$640,200
Total market value
$770,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,195 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MXD
APN
076-0-01-012D
UPID
US22-1815400
Jurisdiction
ROCKDALE
Zoning & alternative use
MXD · Conyers, GAZoning MXD · permitted uses
MXD · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Mixed use Development (MxD) District is to advocate the creation and preservation of a distinct and visually harmonious community of choice that is compact, mixed-use and pedestrian friendly, and supports patterns of urbanization that are stimulating, safe and ecologically sustainable
Zone name
Mixed Use Development
General category
MIXED_USE
Zone area
713.42 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$590,000
RETAIL STORES
Est. value
$510,000
MEDICAL BUILDING Current
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
2018
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Ap Billing LLC
Entity
Mailing address
1705 HWY 138TH SE, CONYERS, GA 30013-0121
Ownership since
2025
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
Jan 16, 2025
—
Ap Billing LLC
Atlanta Plus Urgent Care LLC
Deed
$760,000 · United Bank
Mar 6, 2019
—
Atlanta & Urgent Care LLC
—
Deed
related
$275,000 · United Bk
May 24, 2017
$160,000
Atlanta & Urgent Care LLC
Massell Ben J
Grant Deed
—
May 24, 2017
—
Atlanta & Urgent Care LLC
Massell Ben J
Quit Claim Deed
related
—
—
—
Atlanta & Urgent Care LLC
—
Deed Of Trust
related
$275,000 · United 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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