300 Lester Ml Rd Locust Grove, GA 30248-5306
Office buildings
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Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
No photos on file
For Lease
Contact for pricing
300 Lester Ml Rd, Locust Grove, GA 30248-5306
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Estimated value (blended)
$2.24M
Range $2.01M – $2.46M (±10%)
Property ID
US22-0444101
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
20,212 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C
APN
096-01006003
UPID
US22-0444101
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Coworking & Hybrid Office
-
Physician
-
Registered General Nurse
-
Car Dealership
-
Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
$4.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
since 2024
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C · Locust Grove, 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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.24M
Value range
$2.01M – $2.46M
±10% around blend
Estimated value / SF
$111 / SF
Confidence
None
1 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
10
$2.01M
blend $2.24M
$2.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,212 SF
Lot area
1.99 ac
Year built
2006
APN
096-01006003
Assessed value
$831,720
Annual tax
$33,405
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.44M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.81M
@ 6.5% CAP return
$4.44M
@ 7% CAP return
$4.13M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.24M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$928
-88%
Submarket 27 sales
$928
-88%
County 99 sales
$236
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $111/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
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$3.80M
Move the market yield to see immediate price impact.
Value / SF
$188
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%
$239k
$4.79M
$3.42M
$2.66M
$266k
$5.32M
$3.80M
$2.96M
$293k
$5.85M
$4.18M
$3.25M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,405
Tax year 2024
Assessed value
$831,720
Assessed 2024
Previous assessed
$831,720
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$104,040
Assessed improvement
$727,680
Land market value
$260,100
Improvement market value
$1,819,200
Total market value
$2,079,300
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Bathrooms
4
Total area
20,212 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C
APN
096-01006003
UPID
US22-0444101
Jurisdiction
HENRY
Zoning & alternative use
C · Locust Grove, GAZoning C · permitted uses
C · Locust Grove, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
4
Lot
1.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C
Jurisdiction
Locust Grove, GA
Recorded code
C
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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