240 Flint Riv Rd Jonesboro, GA 30238-4705
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$28.39M
Range $25.55M – $31.22M (±10%)
Property ID
US22-3926153
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
200 SF
Lot
13.12 ac (571,638 SF)
Zoning code
RM
APN
05-244B- A-066
UPID
US22-3926153
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Complex Apartment Building
-
Apartment Complex
-
Charitable Organization Social Service Agency
-
Clothing & Fashion Store
-
Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$27.92M
Blend (final)
Blend
$28.39M
Owner & transaction history
since 2023
Last sale
$24.8M
2 recorded transactions
Zoning & alternative use
RM · Jonesboro, GA
Zoning description
The R-M multifamily residential district is established to provide for multifamily dwellings on properties having a minimum area of two acres, The district accommodates residential development at a maximum density of eig…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$28.39M
Value range
$25.55M – $31.22M
±10% around blend
Estimated value / SF
$141,925 / SF
Confidence
None
2 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
20
$25.55M
blend $28.39M
$31.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
200 SF
Lot area
13.12 ac
Year built
1973
APN
05-244B- A-066
Assessed value
$7,318,160
Annual tax
$285,496
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$27.92M
Weighted, 0 comps · none confidence
Evidence
2 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$28.39M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 89 sales
$92,792
+53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $141,925/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$24.84M
Move the market yield to see immediate price impact.
Value / SF
$124,210
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.57M
$31.30M
$22.36M
$17.39M
$1.74M
$34.78M
$24.84M
$19.32M
$1.91M
$38.26M
$27.33M
$21.25M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$285,496
Tax year 2024
Assessed value
$7,318,160
Assessed 2024
Previous assessed
$7,318,160
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$341,200
Assessed improvement
$6,976,960
Land market value
$853,000
Improvement market value
$17,442,400
Total market value
$18,295,400
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1973
Heating
NONE
Total area
200 SF
Lot
13.12 ac (571,638 SF)
Zoning code
RM
APN
05-244B- A-066
UPID
US22-3926153
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Jonesboro, GAZoning RM · permitted uses
RM · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The R-M multifamily residential district is established to provide for multifamily dwellings on properties having a minimum area of two acres, The district accommodates residential development at a maximum density of eig…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
13.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RM
RESIDENTIAL
Jurisdiction
Jonesboro, GA
Recorded code
RM
Official district
RM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM in Jonesboro, GA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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 240 Flint Riv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
