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Property profile & analytics
OFF-MARKET
Estimated value
$245,000
Medical Office Space
301 Florence Ave Statesboro, GA 30458-5138
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0123286
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1950
Construction
FRAME
Total area
1,695 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R15/O
APN
S52-113-000
UPID
US22-0123286
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
-
Mid South Hearing Aid Center Hearing Aid Store Hearing Aid Repair Service
-
Roger Lee Myers Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Old South Properties · 4 yrs held
Old South Properties
since 2022
Last sale
$260,000
7 recorded transactions
Zoning & alternative use
R15/O · Statesboro, GA
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$245,000
ML approach
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±10% · vs last sale $260k (Jun 7 2022)
Last sale anchor
$260k
Jun 7 2022
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
$145 / 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
$1,660
Tax year 2023
Assessed value
$71,360
Assessed 2023
Previous assessed
$71,360
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$8,640
Assessed improvement
$62,720
Land market value
$21,600
Improvement market value
$156,800
Total market value
$178,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
YES
Cooling
YES
Total area
1,695 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R15/O
APN
S52-113-000
UPID
US22-0123286
Jurisdiction
BULLOCH
Zoning & alternative use
R15/O · Statesboro, GAZoning R15/O · permitted uses
R15/O · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Statesboro
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
YES
Cooling
Yes
Lot
0.19 ac
Current owner
From public records · entity-resolved
Old South Properties
Entity
Mailing address
138 ROLLING WOODS WAY, STATESBORO, GA 30458-6664
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
—
Old South Properties
William W Perrine
Warranty Deed
—
Jun 7, 2022
$260,000
Old South Properties
Sis Holdings Vii LLC
Warranty Deed
—
Apr 22, 2022
—
Sis Holdings Vii LLC
William W Perrine
Warranty Deed
$214,870 · Perrine William W
Mar 3, 2016
$115,000
William W Perrine
Mfb Real Estate LLC
Warranty Deed
$70,364 · Statesboro Bk
Jun 17, 2013
—
Mfb Real Estate LLC
Myers,christina A
Grant Deed
related
—
Jun 7, 2013
—
Mfb Real Estate LLC
Myers,christina A
Grant Deed
—
Jun 8, 2011
—
Christina A Myers
Myers,roger L
Quit Claim 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.
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