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Property profile & analytics
OFF-MARKET
Estimated value
$16,205,000
Medical Office Space
2400 Mt Zion Pkwy Jonesboro, GA 30236-2500
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1537596
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Total area
87,449 SF
Lot
14 ac (609,840 SF)
Zoning code
MC
APN
12-084D- C-001
UPID
US22-1537596
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
-
Kaiser Permanente Southwood Comprehensive Medical Center Medical Clinic
-
Kaiser permanente hospital Hospital
-
Melissa A. Alves, PsyD | Kaiser Permanente Physician Medical Clinic
-
Abby M Myers PhD | Kaiser Permanente Physician Medical Clinic
-
Joseph E Thompson, MD | Kaiser Permanente Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.51M
Comparable Approach
Comparable
$16.97M
Blend (final)
Blend
$16.21M
Owner & transaction history
KAISER FOUNDATION HEALTH
KAISER FOUNDATION HEALTH
Zoning & alternative use
MC · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.0M
+106.2%
Office building
$13.1M
+17.0%
Neighborhood: shopping center
$12.8M
+14.8%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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%
$21,130,000
6.5%
$19,505,000
7%
$18,115,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,165,000
Current use
AUTO REPAIR, GARAGE
$23,015,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$13,060,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$12,815,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,120,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$16.21M
Range $14.58M – $17.83M · ±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
$185 / 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
$351,736
Tax year 2024
Assessed value
$10,607,160
Assessed 2024
Previous assessed
$10,319,200
+2.8% YoY
Effective rate
3.32%
On assessed value
Assessed land
$409,800
Assessed improvement
$10,197,360
Land market value
$1,024,500
Improvement market value
$25,493,400
Total market value
$26,517,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Total area
87,449 SF
Lot
14 ac (609,840 SF)
Zoning code
MC
APN
12-084D- C-001
UPID
US22-1537596
Jurisdiction
CLAYTON
Zoning & alternative use
MC · Jonesboro, GA
Zoning MC · permitted uses
MC · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$23.0M
OFFICE BUILDING
Est. value
$13.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$12.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1991
Heating
NONE
Lot
14 ac
Current owner
From public records · entity-resolved
KAISER FOUNDATION HEALTH
Individual
Free & Clear · 0 yrs held
Mailing address
1 KAISER PLZ FL 15TH, OAKLAND, CA 94612-3604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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