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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Office Spaces
2894 Us Hwy 82nd E Shellman, GA 39886-2508
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2849132
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1956
Construction
CONCRETE BLOCKS
Total area
3,970 SF
Lot
29.17 ac (1,270,645 SF)
Zoning code
UNZONED RURAL
APN
082 017
UPID
US22-2849132
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
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Gunter Ag LLC · 1 yrs held
Gunter Ag LLC
since 2024
Last sale
$2.5M
2 recorded transactions
Zoning & alternative use
UNZONED RURAL · Shellman, 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 Shellman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shellman 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Nov 27 2024)
Last sale anchor
$2.50M
Nov 27 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
$630 / 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
$16,980
Tax year 2023
Assessed value
$479,865
Assessed 2023
Previous assessed
$479,865
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$47,440
Assessed improvement
$432,425
Land market value
$118,600
Improvement market value
$1,081,063
Total market value
$1,199,663
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1956
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Buildings
10
Total area
3,970 SF
Lot
29.17 ac (1,270,645 SF)
Zoning code
UNZONED RURAL
APN
082 017
UPID
US22-2849132
Jurisdiction
RANDOLPH
Zoning & alternative use
UNZONED RURAL · Shellman, GA
Zoning UNZONED RURAL · permitted uses
UNZONED RURAL · Shellman, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shellman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Buildings
10
Lot
29.17 ac
Current owner
From public records · entity-resolved
Gunter Ag LLC
Entity
Mailing address
PO BOX 10, SHELLMAN, GA 39886-0010
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$2,500,000
Gunter Ag LLC
Rockwater INC
Warranty Deed
$3,200,000 · Rockwater
Jun 30, 2010
$3,063,241
Rockwater INC
Peerless Manufacturing Co
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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