Individually Owned Property summary
AI-generated overview
The property consists of two parcels at 2892 Rex Road and 2902 Rex Road, combining to a total land area of 1.43 acres with frontage along a county-maintained road. It is zoned GB (General Business), supporting a range of commercial uses such as retail, office, service uses, or mixed-use development. The site is described as mostly level, which can facilitate site preparation and future build-out, and it has utilities available in the area. The property totals 1,278 square feet (as stated in the listing), and its road frontage provides direct exposure to passing traffic while offering connections to nearby interstate access for employees, customers, and suppliers.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
FRAME
Total area
1,278 SF
Lot
0.91 ac (39,640 SF)
Zoning code
GB
APN
12-150D- B-002
UPID
US22-1074412
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$210k
Owner & transaction history
since 2012
1 recorded transaction
Zoning & alternative use
GB · Ellenwood, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$210k
Value range
$189k – $231k
±10% around blend
Estimated value / SF
$164 / SF
Confidence
High
11 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$189k
blend $210k
$231k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,278 SF
Lot area
0.91 ac
Year built
1950
Stories
1
APN
12-150D- B-002
Zoning
GB
Assessed value
$35,320
Annual tax
$1,378
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$222k
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.7 mi away · 1,488 SF
12.6 mi away · 1,551 SF
13.4 mi away · 1,382 SF
13.4 mi away · 1,382 SF
14.1 mi away · 1,562 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$210k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 136 sales
$149
+10%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $164/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$35k
Move the market yield to see immediate price impact.
Value / SF
$28
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2k
$45k
$32k
$25k
$2k
$49k
$35k
$27k
$3k
$54k
$39k
$30k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$125k
4.4 mi · Nov 2025 · $112/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,378
Tax year 2024
Assessed value
$35,320
Assessed 2024
Previous assessed
$35,320
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$23,800
Assessed improvement
$11,520
Land market value
$59,500
Improvement market value
$28,800
Total market value
$88,300
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
1,278 SF
Lot
0.91 ac (39,640 SF)
Zoning code
GB
APN
12-150D- B-002
UPID
US22-1074412
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Ellenwood, GAZoning GB · permitted uses
GB · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Lot
0.91 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GB
Jurisdiction
Ellenwood, GA
Recorded code
GB
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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