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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office Spaces
216 Wax SE Rd, Silver Creek, GA 30173-2477
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2658480
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1994
Construction
WOOD FRAME
Total area
5,226 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-C
APN
K17 - -268 -
UPID
US22-2658480
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
-
Springfield Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$535k
Owner & transaction history
Silver Creek Holdings LLC · 1 yrs held
Silver Creek Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-C · Silver Creek, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+12.4%
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 Silver Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Creek 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$695,000
Current use
MEDICAL BUILDING
$780,000
Change: +12% · Conversion: Easy
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
$102 / 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
$6,041
Tax year 2023
Assessed value
$176,952
Assessed 2023
Previous assessed
$176,952
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$14,256
Assessed improvement
$162,696
Land market value
$35,640
Improvement market value
$406,739
Total market value
$442,379
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1994
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Total area
5,226 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-C
APN
K17 - -268 -
UPID
US22-2658480
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Silver Creek, GA
Zoning C-C · permitted uses
C-C · Silver Creek, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1994
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Lot
1.98 ac
Current owner
From public records · entity-resolved
Silver Creek Holdings LLC
Entity
Mailing address
216 WAX RD SE, SILVER CREEK, GA 30173-2477
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Silver Creek Holdings LLC
Global Southern Realty Holdings LLC
Quitclaim Deed
related
—
Dec 1, 2023
—
Silver Creek Holdings LLC
—
Deed
related
$1,585,670 · Smartbank
Jun 28, 2021
—
Global Southern Realty Holding
—
Deed
related
$750,000 · Smartbank
Oct 30, 2019
—
Global Of Southern Realty Hldgs L
—
Deed
related
$625,000 · Smartbank
Dec 6, 2018
—
Silver Creek Holdings LLC
—
Grant Deed
related
$1,585,668 · Smartbank
Jun 11, 2018
—
Global Of Southern Realty Hldgs L
—
Deed
related
$625,000 · Smartbank
May 30, 2012
—
Global Of Southern Realty Holding
—
Trustees Deed
related
$2,000,008 · Regions Bank
—
—
Global Of Southern Realty Hldgs L
—
Deed Of Trust
related
$625,000 · Smartbank
—
—
Global Of Southern Realty Hldgs L
—
Deed Of Trust
related
$3,467,160 · Smartbank
—
—
Global Of Sthrn Rlty Holdings LLC
—
Deed Of Trust
related
$2,056,000 · Ga Resource Capital
—
—
Southern Realty Holding Global
—
Deed Of Trust
related
$2,000,010 · Regions Bank
—
—
Southern Realty Holding Global
—
Deed Of Trust
related
$2,528,320 · Regions Bank
—
—
Global Of Southern Realty Hldgs L
—
Deed Of Trust
related
$625,000 · Smartbank
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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