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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
271 Washington St Madison, GA 30650-1251
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-3729366
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
2,812 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C1
APN
M08 BO 051A100
UPID
US22-3729366
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
-
Madison Asbestos Testing & Removal Pros Construction Company Renovation Specialist
-
The Spa Alternative Medicine Practice Spa & Massage Center
-
Notte Law Firm Law Firm
-
Law Office of Brad J. Evans Law Firm
-
Zen Relaxing Wellness Center Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$421k
Blend (final)
Blend
$575k
Owner & transaction history
Seven Fifteen Investments LLC · 2 yrs held
Seven Fifteen Investments LLC
since 2024
Last sale
$575,000
4 recorded transactions
Zoning & alternative use
C1 · Madison, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jun 26 2024)
Last sale anchor
$575k
Jun 26 2024
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
$204 / 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
$4,477
Tax year 2023
Assessed value
$149,610
Assessed 2023
Previous assessed
$149,610
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed improvement
$149,610
Improvement market value
$374,025
Total market value
$374,025
Applied tax rate
32.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1930
Heating
CENTRAL
Cooling
CENTRAL
Total area
2,812 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C1
APN
M08 BO 051A100
UPID
US22-3729366
Jurisdiction
MORGAN
Zoning & alternative use
C1 · Madison, GA
Zoning C1 · permitted uses
C1 · Madison, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
CENTRAL
Cooling
Yes
Lot
0.06 ac
Current owner
From public records · entity-resolved
Seven Fifteen Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1788 WILD AZALEA LN, ATHENS, GA 30606-7003
Ownership since
2024
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
Jun 26, 2024
$575,000
Seven Fifteen Investments LLC
Vcf Office LLC
Warranty Deed
—
Apr 17, 2020
—
Vcf Office LLC
Jennifer Christy Friesen
Warranty Deed
—
Dec 1, 2012
—
Friesen Real Estate Holdings L
Friesen Von Tyler
Warranty Deed
—
Mar 4, 2010
$265,000
Friesen Von Tyler
Michael S Chamberlain
Deed
—
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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