New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Medical Office Space
281 Heritage Walk, Woodstock, GA 30188-3876
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0738712
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Construction
WOOD
Total area
4,489 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GC
APN
15N12 265
UPID
US22-0738712
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
$1.50M
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$921k
Blend (final)
Blend
$1.50M
Owner & transaction history
Elevated Faith Real Estate LLC · 2 yrs held
Elevated Faith Real Estate LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
GC · Woodstock, 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 Woodstock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodstock 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,665,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,425,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Mar 29 2024)
Last sale anchor
$1.50M
Mar 29 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
$334 / 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
$11,563
Tax year 2023
Assessed value
$398,840
Assessed 2023
Previous assessed
$398,840
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$143,720
Assessed improvement
$255,120
Land market value
$359,300
Improvement market value
$637,800
Total market value
$997,100
Applied tax rate
7.0000
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
2010
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
4,489 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GC
APN
15N12 265
UPID
US22-0738712
Jurisdiction
CHEROKEE
Zoning & alternative use
GC · Woodstock, GA
Zoning GC · permitted uses
GC · Woodstock, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodstock. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING Current
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
2010
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Elevated Faith Real Estate LLC
Entity
Mailing address
281 HERITAGE WALK, WOODSTOCK, GA 30188-3876
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
—
Elevated Faith Real Estate LLC
Chicken Feathers LLC
Quit Claim Deed
related
—
Mar 29, 2024
$1,500,000
Elevated Faith Real Estate LLC
Chicken Feathers LLC
Warranty Deed
—
Jan 28, 2021
—
Chicken Feathers LLC
William C Hubbard
Warranty Deed
—
Nov 11, 2020
—
Heritage Run Ltd LLC
Communities Cherokee L Atlanta
Quit Claim Deed
related
—
Nov 11, 2020
$862,500
Hubbard,william & Donna Trust
Heritage Run Ltd LLC
Grant Deed
—
Feb 25, 2010
$210,000
Heritage Run Limited LLC
First Cherokee State Bank
Grant Deed
—
Feb 25, 2010
—
Heritage Run Limited LLC
First Cherokee State Bank
Grant Deed
related
—
—
—
Heritage Run Ltd LLC
—
Deed Of Trust
related
$783,073 · Regions Bank
—
—
Heritage Run Limited LLC
—
Deed Of Trust
related
$821,293 · Regions 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 281 Heritage Walk?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
