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    Property profile & analytics

    220 Main St Statesboro, GA 30458-4550

    • Office buildings
    • 2,040 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Apr 12, 2023
    $500,000
    Location Intelligence
    Property ID
    US22-2287554
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 1040 Tax Shop / Tax Preparation
    • Ameriprise Financial / Financial Planner
    • Titan Builders / Construction Company
    • Met Life Auto & Home Insurance / Insurance Agency
    • Magina Bullock - Ameriprise Financial Services, Inc. / Financial Planner

    Property Details for 220 Main St

    Year built
    1960
    Lot size
    0.78 lot acres
    Property size
    2,040 SF
    Zone code
    HOC
    Property type
    Office buildings
    APN
    S27-017-000
    APU
    S27017000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $480,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $375,000
      Mixed-Use
      $520,000
      Hospitality
      $470,000
      Educational
      $485,000
      Residential Income
      $510,000
      Energy
      $390,000
      Income-Based Land
      $480,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.783
    Latitude
    32.4557
    CBSA code
    44340
    CBSA name
    STATESBORO, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,679
    $29,280
    $42,469
    $71,749
    -
    $73,200
    $106,173
    $179,373

    Comparable in this City

    • Value Estimation by Request
      800 SF

      25 Main St

      OFFICE BUILDING • 800 SF
      25 Main St, Statesboro, GA 30458-5245
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      408 SF

      2200 Northside E Dr

      OFFICE BUILDING • 408 SF
      2200 Northside E Dr, Statesboro, GA 30458-2146
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    • Value Estimation by Request
      1,893 SF

      10 Packinghouse Rd

      OFFICE BUILDING • 1,893 SF
      10 Packinghouse Rd, Statesboro, GA 30458-1810
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    • Value Estimation by Request
      651 SF

      525 Park Ave

      OFFICE BUILDING • 651 SF
      525 Park Ave, Statesboro, GA 30458-5113
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    • Value Estimation by Request
      2,232 SF

      Chandler Rd

      OFFICE BUILDING • 2,232 SF
      Chandler Rd, Statesboro, GA 30458
      View Details
    • Value Estimation by Request
      952 SF

      518 Gentilly Rd

      OFFICE BUILDING • 952 SF
      518 Gentilly Rd, Statesboro, GA 30458-5149
      View Details

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    Similar Nearby for Lease

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    220 Main St
    Statesboro, GA 30458-4550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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