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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Medical Office Space
23 Tipton Dr Dahlonega, GA 30533-1603
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2162990
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
4,386 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
062A 097
UPID
US22-2162990
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
-
Valley View Weight Loss & Skin Care Center Medical Clinic Skin Care Clinic
-
Longstreet Clinic Medical Clinic
-
Longstreet Clinic Valley View Family Medicine Medical Clinic
-
Michael J. Mulberry, MD Pediatrician Physician
-
Dr. Robert B. Barger, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$381k
Blend (final)
Blend
$565k
Owner & transaction history
Judy Y Y Cheng · 5 yrs held
Judy Y Y Cheng
since 2021
Last sale
$575,000
4 recorded transactions
Zoning & alternative use
B2 · Dahlonega, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$675,000
+54.7%
Commercial (general)
$505,000
+15.2%
Retail stores
$445,000
+1.7%
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 Dahlonega submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dahlonega 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
$530,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$440,000
Current use
OFFICE BUILDING
$675,000
Change: +55% · Conversion: Easy
COMMERCIAL (GENERAL)
$505,000
Change: +15% · Conversion: Easy
RETAIL STORES
$445,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$390,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $575k (Apr 30 2021)
Last sale anchor
$575k
Apr 30 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
$129 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,300
Tax year 2024
Assessed value
$218,554
Assessed 2024
Previous assessed
$218,554
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$40,000
Assessed improvement
$178,554
Land market value
$100,000
Improvement market value
$446,384
Total market value
$546,384
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
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,386 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
062A 097
UPID
US22-2162990
Jurisdiction
LUMPKIN
Zoning & alternative use
B2 · Dahlonega, GAZoning B2 · permitted uses
B2 · Dahlonega, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$505,000
RETAIL STORES
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$390,000
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Judy Y Y Cheng
Individual
Free & Clear · 5 yrs held
Mailing address
163 TIMBERLANE DR, AMERICUS, GA 31709-4855
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
$575,000
Judy Y Y Cheng
Matthew R Losanno
Grant Deed
—
Dec 10, 2020
—
Matthew R Losanno
—
Deed
related
$326,937 · Quantum Nat'l Bk
Nov 30, 2017
$479,000
Matthew R Losanno
Williamson & Associates
Grant Deed
—
—
—
Matthew R Losanno
—
Loan Modification
related
$326,937 · Quantum Nat'l Bk
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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