Financial
Distress signals
Property profile

23 Lee St Jonesboro, GA 30236

FOR SALE
Office buildings
Property ID
US22-0956728
1,204 SF 0.09 ac lot Built 1984
Last sale Dec 2023 · $214,201
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a two-story, all-brick commercial building located in a busy mixed-use and office district in Jonesboro, Georgia, and is zoned for commercial use. It contains approximately 1,764 square feet and features a layout suited for professional services, including spacious office areas, meeting and conference rooms, and a reception area, along with built-in bookcases. The building has three and a half bathrooms. The property had a remodeling work completed and is configured for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$69k
Assessed land$3k
Assessed improvement$65k
Effective rate3.90%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$215k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$10k
Operating expenses−$7k
NOI · 7.92% cap applied$22k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$97 – $207
Qualifying comparables7

Cap rate analysis

How does the asset earn?
7.92%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionCLAYTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Wholesale Shop10.7
Building Supply10.5

Location

23 Lee St Jonesboro, GA 30236
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8122 Tara, Jonesboro, GA 30236-3102 $953,684 Feb 2025 1,472 SF
268 Jonesboro, Jonesboro, GA 30236-2402 $205,000 Aug 2023 1,134 SF
202 Mcdonough, Jonesboro, GA 30236-3608 $375,000 Nov 2021 1,270 SF
215 Main, Jonesboro, GA 30236-3224 $75,000 Jul 2021 1,313 SF
205 Main, Jonesboro, GA 30236-3224 $570,461 Jul 2021 1,074 SF
2199 Mt Zion, Jonesboro, GA 30236-2525 $103,800 Jun 2021 1,189 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message