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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Motels
2816 Columbia St Milledgeville, GA 31061-8422
Entity Owned
12-yr Hold
Free & Clear
Property ID
US22-2862488
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2015
Construction
FRAME
Total area
25,807 SF
Lot
10.05 ac (437,778 SF)
Zoning code
UNZONED RURAL
APN
085 008
UPID
US22-2862488
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
-
Five Star Toyota Service Department Auto Repair Shop
-
Five Star Toyota Parts Department Auto Parts Store
-
Chris Lindsey Middle GA Car Dealer Car Dealership
-
Five Star Toyota of Milledgeville Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Columbia Drive Properties LLC · 12 yrs held
Columbia Drive Properties LLC
since 2014
3 recorded transactions
Zoning & alternative use
UNZONED RURAL · Milledgeville, 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 Milledgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milledgeville 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
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$35 / 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
$79,393
Tax year 2023
Assessed value
$3,257,824
Assessed 2023
Previous assessed
$3,257,824
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$333,840
Assessed improvement
$2,923,984
Land market value
$834,600
Improvement market value
$7,309,960
Total market value
$8,144,560
Applied tax rate
1.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
25,807 SF
Lot
10.05 ac (437,778 SF)
Zoning code
UNZONED RURAL
APN
085 008
UPID
US22-2862488
Jurisdiction
BALDWIN
Zoning & alternative use
UNZONED RURAL · Milledgeville, GA
Zoning UNZONED RURAL · permitted uses
UNZONED RURAL · Milledgeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milledgeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
10.05 ac
Current owner
From public records · entity-resolved
Columbia Drive Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
3109 CLAIRMONT RD NE STE A, BROOKHAVEN, GA 30329-1049
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
—
Columbia Drive Properties LLC
—
Deed
related
$7,072,050 · Bank Of America
Feb 27, 2019
—
Columbia Drive Properties LLC
—
Deed
related
$8,509,530 · Wells Fargo
Jul 10, 2014
$550,000
Columbia Drive Properties LLC
Hilda Goldstein
Warranty 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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