Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Medical Office Space
238 Professional Ct Riverdale, GA 30274-2557
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0913646
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
4,000 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C
APN
13-140C- A-052
UPID
US22-0913646
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
-
Page Dexter M MD Physician
-
Atlanta Perinatal Associates Medical Clinic
-
Dr. Chukwuma Onyeije Physician
-
Dexter Maurice Page Physician
-
Chukwuma Ijeoma Onyeije Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$520k
Owner & transaction history
Chase Real Est Mgmt LLC · 21 yrs held
Chase Real Est Mgmt LLC
since 2005
4 recorded transactions
Zoning & alternative use
C · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$565,000
+10.6%
Warehouse, storage
$555,000
+8.6%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$510,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$555,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$485,000
Change: -5% · Conversion: Easy
RETAIL STORES
$430,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$130 / 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
$8,676
Tax year 2024
Assessed value
$222,400
Assessed 2024
Previous assessed
$205,320
+8.3% YoY
Effective rate
3.90%
On assessed value
Assessed land
$49,120
Assessed improvement
$173,280
Land market value
$122,800
Improvement market value
$433,200
Total market value
$556,000
Applied tax rate
6.0000
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
1983
Heating
NONE
Total area
4,000 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C
APN
13-140C- A-052
UPID
US22-0913646
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$510,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
WAREHOUSE, STORAGE
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$495,000
OFFICE BUILDING
Est. value
$485,000
RETAIL STORES
Est. value
$430,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1983
Heating
NONE
Lot
0.94 ac
Current owner
From public records · entity-resolved
Chase Real Est Mgmt LLC
Entity
Mailing address
550 PEACHTREE ST NE STE #1275, ATLANTA, GA 30308-2240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Dec 2, 2025
—
Chase Management Enterprises L
—
Deed
related
$500,000 · First Citizens Bank
Mar 22, 2017
—
Chase Management Enterprises L
—
Deed
related
$167,306 · Pnc Bank NA
Mar 20, 2017
—
Chase Management Enterprises L
—
Deed
related
$275,422 · Pnc Bank NA
May 16, 2005
$533,900
Chase Real Est Mgmt LLC
Mallari, Raymondo T
Deed
$443,100 · Peachtree 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.
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?”
You own 238 Professional Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
