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Property profile & analytics
OFF-MARKET
Commercial real estate
299 Main St St Simons Island, GA 31522-1609
Entity Owned
~
Est. High Equity
Property ID
US22-2599087
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Lot
1.29 ac (56,192 SF)
Zoning code
GC
APN
04-07871
UPID
US22-2599087
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
-
Holiday Inn Express Saint Simons Island, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
299 Ms LLC
299 Ms LLC
since 2026
7 recorded transactions
Zoning & alternative use
GC · St Simons Island, 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 St Simons Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Simons Island 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$17,842
Tax year 2024
Assessed value
$741,120
Assessed 2024
Previous assessed
$741,120
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$103,200
Assessed improvement
$637,920
Land market value
$258,000
Improvement market value
$1,594,800
Total market value
$1,852,800
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
NONE
Lot
1.29 ac (56,192 SF)
Zoning code
GC
APN
04-07871
UPID
US22-2599087
Jurisdiction
GLYNN
Zoning & alternative use
GC · St Simons Island, GA
Zoning GC · permitted uses
GC · St Simons Island, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
St Simons Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
1.29 ac
Current owner
From public records · entity-resolved
299 Ms LLC
Entity
Mailing address
299 MAIN ST, ST SIMONS ISLAND, GA 31522-1609
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$6,850,000
299 Ms LLC
Ba-299main LLC
Deed
$5,000,000 · Gbank
Mar 31, 2026
—
Ba-299main LLC
—
Deed
related
$757,755 · Gbank
May 13, 2025
—
Ba-299main LLC
—
Deed
related
$3,600,000 · Signature Bank
Jun 6, 2024
—
Ba 299main LLC
—
Deed
related
$400,000 · St Simons Bank And Trust
Nov 22, 2023
—
Ba-299main LLC
—
Deed
related
$350,000 · St Simons Bank And Trust
Feb 20, 2018
—
Ba-299main LLC
—
Deed
related
$2,750,000 · St Simons Bk&tr
Jun 4, 2013
$4,000,000
Buckhead America Acquisitions
Island Group LLC
Deed In Lieu Of Foreclosure
—
May 30, 2013
$4,000,000
Buckhead America Acquisitions
Island Group LLC
Deed In Lieu Of Foreclosure
—
May 30, 2013
—
Ba-229main LLC
Buckhead America Acquisitions
Quit Claim Deed
related
$310,000 · Access Point Financial INC
May 29, 2013
—
America Acquisitions Buckhead
St Simons Resort LLC
Grant Deed
related
—
—
—
St Simons Resort LLC
—
Loan Modification
related
$238,748 · United Community Bank
—
—
Suzanne M Haley
—
Deed Of Trust
related
$499,950 · Coastal Bank Ga
—
—
Ba-299main LLC
—
Deed Of Trust
related
$2,750,000 · St Simons Bk&tr
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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