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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Office Spaces
2230 Commerce Dr Loganville, GA 30052-3764
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0070258
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
10,150 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CH
APN
LG110-149
UPID
US22-0070258
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
-
Truth Chapel Church
-
INSIZE USA LLC Tool Wholesaler Measuring Instruments Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.13M
Owner & transaction history
Geary Properties LLC · 5 yrs held
Geary Properties LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CH · Loganville, 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 Loganville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loganville 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
$1,085,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.15M (May 28 2021)
Last sale anchor
$1.15M
May 28 2021
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
$111 / 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
$9,662
Tax year 2023
Assessed value
$250,440
Assessed 2023
Previous assessed
$250,440
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$51,040
Assessed improvement
$199,400
Land market value
$127,600
Improvement market value
$498,500
Total market value
$626,100
Applied tax rate
3.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,150 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CH
APN
LG110-149
UPID
US22-0070258
Jurisdiction
WALTON
Zoning & alternative use
CH · Loganville, GA
Zoning CH · permitted uses
CH · Loganville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loganville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Geary Properties LLC
Entity
Mailing address
3115 BROADNAX ML RD, LOGANVILLE, GA 30052-4166
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
$1,150,000
Geary Properties LLC
Commerce Two LLC
Warranty Deed
$977,500 · Synovus Bank
Aug 27, 2018
—
Commerce Two LLC
Martin Brothers Building LLC
Grant Deed
related
—
Sep 19, 2013
—
Chemical Design Corp
Volatile Free INC
Quit Claim Deed
related
—
Jun 7, 2013
—
Chemical Design Corp
American Express Bk Fsb
Quit Claim Deed
related
—
Jun 7, 2013
$379,000
Martin Brothers Building LLC
Chemical Design Corp
Grant Deed
—
Oct 17, 2007
$926,200
Chemical Design Corp
Coml Bldg & Dev INC
Warranty Deed
—
—
—
Chemical Design Corp
—
Deed Of Trust
related
—
—
—
Wachovia Bk
—
Deed Of Trust
related
$845,100 · Chemical Design Corp
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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