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Property profile & analytics
OFF-MARKET
Garden apartment buildings
230 Walnut St 4 Statesboro, GA 30458-5270
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2132334
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1975
Construction
STEEL FRAME
Total area
3,328 SF
Lot
0.1 ac (4,356 SF)
Zoning code
HOC
APN
S19-021-000
UPID
US22-2132334
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Benson Properties LLC · 5 yrs held
Benson Properties LLC
since 2020
4 recorded transactions
Zoning & alternative use
HOC · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HOC highway oriented commercial district is for establishments offering accommodations, supplies, or services to motorists, and for certain specialized uses such as retail outlets, extensive commercial amusements, and service establishments which, although serving the entire community and its trading area, do not and should not be encouraged in other ret…
Zone name
Highway Oriented Commercial
General category
COMMERCIAL
Zone area
512.29 ac
Source
Realmo
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,462
Tax year 2023
Assessed value
$46,047
Assessed 2023
Previous assessed
$46,047
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$3,200
Assessed improvement
$42,847
Land market value
$8,000
Improvement market value
$107,117
Total market value
$115,117
Applied tax rate
8.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
3,328 SF
Lot
0.1 ac (4,356 SF)
Zoning code
HOC
APN
S19-021-000
UPID
US22-2132334
Jurisdiction
BULLOCH
Zoning & alternative use
HOC · Statesboro, GAZoning HOC · permitted uses
HOC · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HOC highway oriented commercial district is for establishments offering accommodations, supplies, or services to motorists, and for certain specialized uses such as retail outlets, extensive commercial amusements, and service establishments which, although serving the entire community and its trading area, do not and should not be encouraged in other retail commercial or nonretail commercial districts
Zone name
Highway Oriented Commercial
General category
COMMERCIAL
Zone area
512.29 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
0.1 ac
Current owner
From public records · entity-resolved
Benson Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
115 S WAYNE ST, MILLEDGEVILLE, GA 31061-3439
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
Benson Properties LLC
Robert M Benson JR.
Quit Claim Deed
related
—
Dec 17, 2010
$67,000
Britt III Properties LLC
Britt,eugene R III
Quit Claim Deed
related
—
Dec 15, 2010
—
Britt III Properties LLC
Britt,eugene R III
Quit Claim Deed
related
—
Feb 28, 2008
—
Britt III Properties LLC
Not Provided
Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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