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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Office buildings
235 Corporate Ctr Dr Stockbridge, GA 30281-6309
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1685285
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
WOOD
Total area
10,080 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1
APN
051-01020001
UPID
US22-1685285
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
-
Falcon Design Consultants Land Surveyor Civil Engineering Company
-
edson realty of georgia Real Estate Agency
-
Havenwood Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$2.18M
Owner & transaction history
Khodal 2023 LLC · 3 yrs held
Khodal 2023 LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
C1 · Stockbridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+42.2%
Auto repair, garage
$2.1M
+31.3%
Retail stores
$2.0M
+27.7%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$2,230,000
ML approach
$2,260,000
CAP Approach
CAP Return
Estimation
6%
$2,400,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,585,000
Current use
COMMERCIAL (GENERAL)
$2,250,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,080,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$2,020,000
Change: +28% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,610,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10% · vs last sale $2.10M (Feb 27 2023)
Last sale anchor
$2.10M
Feb 27 2023
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
$216 / 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
$18,612
Tax year 2024
Assessed value
$470,920
Assessed 2024
Previous assessed
$470,920
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$118,320
Assessed improvement
$352,600
Land market value
$295,800
Improvement market value
$881,500
Total market value
$1,177,300
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
6
Total area
10,080 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1
APN
051-01020001
UPID
US22-1685285
Jurisdiction
HENRY
Zoning & alternative use
C1 · Stockbridge, GA
Zoning C1 · permitted uses
C1 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
0.97 ac
Current owner
From public records · entity-resolved
Khodal 2023 LLC
Entity
Mailing address
205 CORPORATE CTR DR, STOCKBRIDGE, GA 30281-7383
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Feb 27, 2023
$2,100,000
Khodal 2023 LLC
New Mcdonough Investment LLC
Limited Warranty Deed
—
Mar 29, 2022
$2,150,000
New Mcdonough Investment LLC
Niam Investments LLC
Warranty Deed
$100,000 · Niam Investments
Jul 2, 2019
$990,000
Niam Investments LLC
Jhj 235 Corp Center Drive Ll
Grant Deed
—
Dec 8, 2015
$775,000
Jhj 235 Corp Center Drive LLC
Neda Investments LLC
Grant Deed
—
May 8, 2013
$420,000
Neda Investments LLC
Aei Investments LLC
Grant Deed
$452,700 · United Bank
Jan 15, 2013
$285,000
Aei Investments LLC
Pnc Bk National Assn
Grant Deed
—
Nov 2, 2011
$831,646
Rbc Bk USA
235 Corp Center LLC
Trustees Deed
related
—
—
—
Rcb 235 Corp Center Drive LLC
—
Deed Of Trust
related
$580,000 · Bank Of The Ozarks
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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