New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,065,000
Office buildings
2976 Chapel Hl Rd, Douglasville, GA 30135-1733
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1316036
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
15,216 SF
Lot
2.42 ac (105,415 SF)
Zoning code
OI-L
APN
0047-01-5- -00206
UPID
US22-1316036
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
-
Charles Pettus, MD Physician
-
Piedmont Urgent Care Medical Clinic
-
Dr. Paul Anderson Dental Office
-
Piedmont Heart of Douglasville Physician
-
Kalindi Parikh, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.07M
Owner & transaction history
Lor Puc Douglasville LLC · 3 yrs held
Lor Puc Douglasville LLC
since 2023
Last sale
$11.2M
6 recorded transactions
Zoning & alternative use
OI-L · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+177.4%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$11,015,000
ML approach
$8,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,035,000
Change: +177% · Conversion: Moderate
Blend value · Realmo final
$9.07M
Range $8.16M – $9.97M · ±10% · vs last sale $11.21M (Jul 3 2023)
Last sale anchor
$11.21M
Jul 3 2023
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
$596 / 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
$34,298
Tax year 2023
Assessed value
$1,078,440
Assessed 2023
Previous assessed
$1,078,440
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$437,040
Assessed improvement
$641,400
Land market value
$1,092,600
Improvement market value
$1,603,500
Total market value
$2,696,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
YES
Buildings
4
Stories
1
Bathrooms
1
Total area
15,216 SF
Lot
2.42 ac (105,415 SF)
Zoning code
OI-L
APN
0047-01-5- -00206
UPID
US22-1316036
Jurisdiction
DOUGLAS
Zoning & alternative use
OI-L · Douglasville, GA
Zoning OI-L · permitted uses
OI-L · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.0M
RESTAURANT
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
2002
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
4
Bathrooms
1
Lot
2.42 ac
Current owner
From public records · entity-resolved
Lor Puc Douglasville LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2976 CHAPEL HL RD, DOUGLASVILLE, GA 30135-1733
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$11,212,573
Lor Puc Douglasville LLC
2976 Pnw LLC
Warranty Deed
—
Mar 7, 2022
$2,250,000
2976 Pnw LLC
2976 Chapel Hill LLC
Warranty Deed
$8,250,000 · Ameris Bank
Mar 7, 2022
—
2976 Pnw LLC
2976 Chapel Hill LLC
Warranty Deed
—
Jan 26, 2021
—
Chapel Hill LLC
New Sky LLC
Quit Claim Deed
related
—
Jan 26, 2021
$1,600,000
2976 Chapel Hill LLC
New Sky LLC
Grant Deed
$1,225,000 · First Midwest Bk/dexter
May 7, 2013
$1,150,000
Blue Chapel Hill Holdings LLC
Martin Forest Partners LLC
Trustees 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.
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 2976 Chapel Hl Rd?
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.
