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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Office Spaces
2240 Commerce Dr Loganville, GA 30052-3764
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-4614728
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
7,875 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CH
APN
LG110-148
UPID
US22-4614728
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
-
Shepherd's Staff Ministries Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$850k
Owner & transaction history
Shepherds Staff Ministries In · 6 yrs held
Shepherds Staff Ministries In
since 2020
Last sale
$805,000
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
$910,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $805k (Feb 21 2020)
Last sale anchor
$805k
Feb 21 2020
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
$108 / 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
Assessed value
$194,720
Assessed 2023
Previous assessed
$194,720
+0.0% YoY
Assessed land
$50,720
Assessed improvement
$144,000
Land market value
$126,800
Improvement market value
$360,000
Total market value
$486,800
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
SPACE
Cooling
CENTRAL
Stories
1
Total area
7,875 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CH
APN
LG110-148
UPID
US22-4614728
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
SPACE
Cooling
Yes
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Shepherds Staff Ministries In
Individual
Mailing address
2240 COMMERCE DR, LOGANVILLE, GA 30052-3764
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2020
$805,000
Shepherds Staff Ministries In
Stephen C Drilling
Grant Deed
$620,000 · Synovus Bk
Jan 5, 2009
—
Stephen C Drilling
Herron Properties INC
Quit Claim Deed
related
$397,700 · Zions First National Bank
Jan 5, 2009
$768,400
Stephen C Drilling
Herron Properties INC
Grant Deed
—
Nov 20, 2006
$150,000
Herron Properties INC
Whitfield,d L
Grant Deed
—
—
—
Stephen C Drilling
—
Deed Of Trust
related
$397,700 · Zions First National Bank
—
—
Stephen C Drilling
—
Deed Of Trust
related
$328,000 · Georgia Certified Dev Corp
—
—
Stephen C Drilling
—
Deed Of Trust
related
$318,160 · Mercantile Commercial Capital LLC
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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