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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Medical Office Space
23702 Us Hwy 80th E Statesboro, GA 30461-0845
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-2279427
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
STEEL FRAME
Total area
6,484 SF
Lot
1.5 ac (65,340 SF)
Zoning code
O
APN
MS92 -014-000
UPID
US22-2279427
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
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Angela Davis Properties LLC · 3 yrs held
Angela Davis Properties LLC
since 2023
Last sale
$1.0M
1 recorded transaction
Zoning & alternative use
O · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the O district is to provide for orderly development of office and business uses, permitting and protecting the desirable benefits of such developments and appropriate associated uses
Zone name
Office And Business
General category
COMMERCIAL
Zone area
171.40 ac
Source
Realmo
Top alternative use upside
Restaurant
$775,000
+59.6%
Auto repair, garage
$730,000
+50.8%
Commercial (general)
$680,000
+40.5%
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
Method
Estimation
Statistic approach
$1,125,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$775,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$730,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: +41% · Conversion: Easy
OFFICE BUILDING
$670,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.00M (Jan 3 2023)
Last sale anchor
$1.00M
Jan 3 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
$174 / 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
Tax billed
$11,206
Tax year 2023
Assessed value
$325,789
Assessed 2023
Previous assessed
$325,789
+0.0% YoY
Effective rate
3.44%
On assessed value
Assessed land
$97,200
Assessed improvement
$228,589
Land market value
$243,000
Improvement market value
$571,472
Total market value
$814,472
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1992
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
1
Total area
6,484 SF
Lot
1.5 ac (65,340 SF)
Zoning code
O
APN
MS92 -014-000
UPID
US22-2279427
Jurisdiction
BULLOCH
Zoning & alternative use
O · Statesboro, GAZoning O · permitted uses
O · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the O district is to provide for orderly development of office and business uses, permitting and protecting the desirable benefits of such developments and appropriate associated uses
Zone name
Office And Business
General category
COMMERCIAL
Zone area
171.40 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$680,000
OFFICE BUILDING
Est. value
$670,000
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1992
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Buildings
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Angela Davis Properties LLC
Entity
Mailing address
STATESBORO, GA 30461
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
$1,000,000
Angela Davis Properties LLC
Prometheus LLC
Warranty Deed
$1,000,000 · Prometheus
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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