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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Banks
2140 Spg St Monroe, GA 30655-3195
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1217218
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2007
Construction
WOOD
Total area
5,124 SF
Lot
1.36 ac (59,242 SF)
Zoning code
B3
APN
M0010-025-D
UPID
US22-1217218
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Liberty Communities LLC · 2 yrs held
Liberty Communities LLC
since 2024
Last sale
$710,851
3 recorded transactions
Zoning & alternative use
B3 · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,120,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: 0% · Conversion: Difficult
RESTAURANT
$580,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$520,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$515,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $711k (May 10 2024)
Last sale anchor
$711k
May 10 2024
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
$139 / 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
$15,675
Tax year 2023
Assessed value
$448,320
Assessed 2023
Previous assessed
$448,320
+0.0% YoY
Effective rate
3.50%
On assessed value
Assessed land
$261,507
Assessed improvement
$186,813
Land market value
$653,768
Improvement market value
$467,032
Total market value
$1,120,800
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,124 SF
Lot
1.36 ac (59,242 SF)
Zoning code
B3
APN
M0010-025-D
UPID
US22-1217218
Jurisdiction
WALTON
Zoning & alternative use
B3 · Monroe, GAZoning B3 · permitted uses
B3 · Monroe, GA
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
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$665,000
RESTAURANT
Est. value
$580,000
MEDICAL BUILDING
Est. value
$520,000
RETAIL STORES
Est. value
$515,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2007
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Liberty Communities LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2140 W SPG ST, MONROE, GA 30655-3195
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
—
Liberty Communities LLC
United Community Bank
Quit Claim Deed
related
—
Nov 7, 2019
$1,297,300
United Cmnty Bk
Ucb Metro Properties INC
Quit Claim Deed
related
—
Sep 28, 2007
$710,851
Ucb Metro Properties INC
United Community Bank
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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