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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Investment properties
2807 Hwy 138th E Jonesboro, GA 30236-2801
Individually Owned
8-yr Hold
Free & Clear
Property ID
US22-1237032
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1988
Construction
BRICK
Total area
4,156 SF
Lot
2.09 ac (90,910 SF)
Zoning code
MCD
APN
12-043A- A-002
UPID
US22-1237032
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
by Request
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$755k
Owner & transaction history
Keith L Goggans · 8 yrs held
Keith L Goggans
since 2017
7 recorded transactions
Zoning & alternative use
MCD · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+89.9%
Office building
$620,000
+7.8%
Neighborhood: shopping center
$610,000
+5.7%
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%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$575,000
Current use
AUTO REPAIR, GARAGE
$1,095,000
Change: +90% · Conversion: Difficult
OFFICE BUILDING
$620,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$535,000
Change: -7% · Conversion: Easy
MEDICAL BUILDING
$530,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$182 / 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
$12,061
Tax year 2024
Assessed value
$158,760
Assessed 2024
Previous assessed
$159,800
-0.7% YoY
Effective rate
7.60%
On assessed value
Assessed land
$72,720
Assessed improvement
$86,040
Land market value
$181,800
Improvement market value
$215,100
Total market value
$396,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1988
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Rooms
9
Bathrooms
4
Total area
4,156 SF
Lot
2.09 ac (90,910 SF)
Zoning code
MCD
APN
12-043A- A-002
UPID
US22-1237032
Jurisdiction
CLAYTON
Zoning & alternative use
MCD · Jonesboro, GA
Zoning MCD · permitted uses
MCD · 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
COMMERCIAL (GENERAL) Current
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
RETAIL STORES
Est. value
$535,000
MEDICAL BUILDING
Est. value
$530,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1988
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
4
Lot
2.09 ac
Current owner
From public records · entity-resolved
Keith L Goggans
Individual
Free & Clear · 8 yrs held
Mailing address
2807 HWY 138TH E, JONESBORO, GA 30236-2801
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
Patmart Mgt Services LLC
—
Deed
related
$718,000 · United States Of America
Nov 8, 2017
—
Keith L Goggans
Goggans,lawanda B
Quitclaim Deed
related
—
Jul 27, 2017
$302,000
Patmart Mgt Services LLC
Mitchell,john T
Grant Deed
$299,640 · John T Mitchell
Jul 27, 2017
—
John T Mitchell
Lamoine,brenda G
Grant Deed
related
—
Oct 8, 2015
—
Brenda G Lamoine
Heritage Bk
Quit Claim Deed
related
—
Oct 8, 2015
$230,000
Brenda G Lamoine
Heritage Bk
Grant Deed
—
May 29, 2015
—
Etf Charter INC
Wootton,alan & Jennifer
Grant Deed
related
—
May 7, 2015
$180,000
Heritage Bk
Wootton,s Alan & Jennifer G
Trustees Deed
related
—
Jun 15, 2012
—
S Alan Wootton
National Thread & Supply Corp
Warranty Deed
related
—
Dec 6, 2010
—
Kirk D Goggans SR.
Goggans,kimberly K
Quit Claim Deed
related
—
Sep 23, 2010
—
S Alan Wootton
Goggans,kirk D
Grant Deed
related
—
Feb 17, 2009
—
S Alan Wootton
Goggans,keith L
Grant Deed
related
—
May 18, 2006
—
Keith L Goggans
Goggans,william G JR
Quit Claim Deed
related
—
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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