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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office Spaces
278 Waleska Rd Canton, GA 30114-2441
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1163875
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1958
Construction
WOOD
Total area
1,980 SF
Lot
0.52 ac (22,651 SF)
Zoning code
OP
APN
91N03 001
UPID
US22-1163875
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$400k
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$650k
Owner & transaction history
Providence Property Holdings LLC · 3 yrs held
Providence Property Holdings LLC
since 2022
Last sale
$649,900
6 recorded transactions
Zoning & alternative use
OP · Canton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$735,000
+90.6%
Neighborhood: shopping center
$630,000
+63.4%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$400,000
7%
$375,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$735,000
Change: +91% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Nov 21 2024)
Last sale anchor
$650k
Nov 21 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
$328 / 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
$4,233
Tax year 2023
Assessed value
$147,488
Assessed 2023
Previous assessed
$147,488
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$108,720
Assessed improvement
$38,768
Land market value
$271,800
Improvement market value
$96,920
Total market value
$368,720
Applied tax rate
3.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,980 SF
Lot
0.52 ac (22,651 SF)
Zoning code
OP
APN
91N03 001
UPID
US22-1163875
Jurisdiction
CHEROKEE
Zoning & alternative use
OP · Canton, GA
Zoning OP · permitted uses
OP · Canton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1958
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Providence Property Holdings LLC
Entity
Mailing address
PO BOX 449, BALL GROUND, GA 30107-0449
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$375,000
Providence Property Holdings LLC
Cognitive Development LLC
Warranty Deed
$300,000 · Synovus Bank
Feb 22, 2013
$167,500
Cognitive Dev LLC
Standridge,toni T
Grant Deed
$134,000 · Wells Fargo Bank
Oct 6, 2011
—
Toni T Standridge
Gfb LLC
Warranty Deed
related
—
Apr 25, 2005
—
Gfb LLC
Watkins,sandra
Warranty Deed
related
—
—
—
Toni Standridge
—
Deed Of Trust
related
$123,600 · Ameris Bank
—
—
Toni Standridge
—
Deed Of Trust
related
$123,600 · Ameris Bank
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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