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    2415 Wall St SE Conyers, GA 30013
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    Property profile & analytics

    2415 Wall St SE, Conyers, GA 30013

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    • Medical Office Space
    • 8,052 SF
    • 1.83 lot acres
    For Sale
    $2,235,000
    View Listing →
    Hopebridge Autism Therapy Clinic For Sale
    $2,235,000
    12,000 SF

    Hopebridge Autism Therapy Clinic

    Commercial property suitable for medical or retail use.

    2415 Wall St SE, Conyers, GA 30013
    View Listing
    Property ID
    US22-1465667
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • East Metro Orthopaedics / Physician
    • Therapy Center East / Medical Clinic
    • Hopebridge Autism Therapy Center / Medical Clinic
    • Brandon Wright / Physician
    • Donald Showalter / Physician

    Property Details for 2415 Wall St SE

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    1.83 lot acres
    Zone code
    OI
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    077-0-01-0023
    APU
    770010023

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 2, 2022 — 2415 Georgia Hopebridge LLC Gagandeep Singh Warranty Deed —
    Jun 27, 2022 $2,314,585 Sarabjeet Waraich 2415 Wall Street LLC Warranty Deed $1.4M · Stanford Federal Credit Union
    Jun 23, 2021 $850,000 2415 Wall Street LLC Ortholand INC Warranty Deed $1.2M · United Community Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,945,000
      6.5%
      $1,795,000
      7%
      $1,670,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,004,000
      Market price range: $878k - $2.00M
      AI Estimate
      $1,148,000
      Market price range: $390k - $1.15M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,480,000
      Current use
      COMMERCIAL (GENERAL)
      $2,575,000
      Change: +74% Conversion: Easy
      RETAIL STORES
      $1,285,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -83.9811
    Latitude
    33.6259
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,339
    $127,520
    $759,040
    $886,560
    -
    $318,800
    $1,897,600
    $2,216,400

    Comparable in this City

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      $645,000
      2,904 SF

      2005 Honey Crk SE Pkwy

      MEDICAL BUILDING
      2005 Honey Crk SE Pkwy, Conyers, GA 30013-2975
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    • Value Estimation
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      3,200 SF

      1450 Hwy 138th SE

      MEDICAL BUILDING
      1450 Hwy 138th SE, Conyers, GA 30013-1285
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    • Value Estimation
      $1,005,000
      6,317 SF

      2035 Flt Shls SE Rd

      MEDICAL BUILDING
      2035 Flt Shls SE Rd, Conyers, GA 30013-1809
      View Details
    • Value Estimation
      $840,000
      5,576 SF

      1920 Hwy 20th SE

      MEDICAL BUILDING
      1920 Hwy 20th SE, Conyers, GA 30013-2048
      View Details
    • Value Estimation
      $1,965,000
      15,953 SF

      2020 Honey Crk SE Pkwy

      MEDICAL BUILDING
      2020 Honey Crk SE Pkwy, Conyers, GA 30013-2974
      View Details
    • Value Estimation
      $600,000
      5,600 SF

      1807 Over Lk SE Dr

      MEDICAL BUILDING
      1807 Over Lk SE Dr, Conyers, GA 30013-1777
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,000 SF

      Hopebridge Autism Therapy Clinic

      Commercial property suitable for medical or retail use.
      2415 Wall St SE, Conyers, GA 30013
      View Details
    • $725,000

      Versatile Commercial Office Building

      Commercial office building with potential for four separate suites.
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      Atlanta Area Development Opportunity

      Prime property with industrial zoning in the Atlanta area.
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    • $1,319,175

      Office/Warehouse Space with Dock Door

      1,300 SF office/warehouse with dock and drive-in doors.
      3168 Salem Rd, Conyers, GA 30013
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    • $1,319,175

      Office/Warehouse Space with Dock Door

      1,300 SF office/warehouse with dock and drive-in doors.
      3168 Salem Rd, Conyers, GA 30013
      View Details
    • $725,000
      Pending

      Versatile Commercial Office Building

      Commercial office building with potential for four suites.
      1806 Over Lake Dr SE, Conyers, GA 30013
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    Similar Nearby for Lease

    • Contact for pricing

      Medical Suite with Drive-Up Access

      Well-appointed medical office with excellent visibility, available April 2025.
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      View Details
    • Contact for pricing

      Medical Retail Shopping Center Space

      18,000 SF shopping center in Conyers, Georgia.
      1927 Old Highway 138 NE, Conyers, GA 30013
      View Details
    • $9 SF/Yr

      Office/Warehouse Space For Lease

      6,000 SF office/warehouse with dock and drive-in access.
      351 Gees Mill Business Pkwy, Conyers, GA 30013
      View Details
    • Contact for pricing

      Professional Office Suite in Conyers

      Private office suite available in a well-maintained professional building.
      2047 Gees Mill Rd NE, Conyers, GA 30013
      View Details
    • $20 SF/Yr
      6,238 SF

      Available Office Space For Rent

      6,238 SF office space available in Conyers, Georgia.
      1981 Highway 138 Southeast, Conyers, GA 30013
      View Details
    • $4,166 /Mo
      2,000 SF

      New Retail Space with Drive-Through

      2,000 SF corner retail space with drive-through in Conyers.
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      View Details
    View Listing
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    Conyers, GA 30013
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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