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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Medical Office Space
301 Main St Lagrange, GA 30240-4503
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0872290
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
14,229 SF
Lot
1.52 ac (66,211 SF)
Zoning code
16- DT-MX
APN
0614D018001
UPID
US22-0872290
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
-
La Grange City Arson Hotline Fire Station
-
Dr. Vincent Pasquarello Dental Office
-
Georgia District 4 Public Health Public Health Department
-
District 4 Health Services Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.57M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.26M
Owner & transaction history
Downtown Lagrange Dev Authorit · 11 yrs held
Downtown Lagrange Dev Authorit
since 2015
4 recorded transactions
Zoning & alternative use
16- DT-MX · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+44.2%
Commercial (general)
$1.6M
+19.9%
Office building
$1.4M
+2.3%
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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,785,000
6.5%
$2,570,000
7%
$2,390,000
Alternative Use
Use
Estimation
RESTAURANT
$1,920,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,595,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$1,365,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±10%
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
$159 / 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
Assessed value
$1,883,640
Assessed 2023
Previous assessed
$1,883,640
+0.0% YoY
Assessed land
$304,000
Assessed improvement
$1,579,640
Land market value
$760,000
Improvement market value
$3,949,100
Total market value
$4,709,100
Applied tax rate
16.0000
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
2015
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
14,229 SF
Lot
1.52 ac (66,211 SF)
Zoning code
16- DT-MX
APN
0614D018001
UPID
US22-0872290
Jurisdiction
TROUP
Zoning & alternative use
16- DT-MX · Lagrange, GAZoning 16- DT-MX · permitted uses
16- DT-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2015
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Downtown Lagrange Dev Authorit
Individual
Free & Clear · 11 yrs held
Mailing address
133 MAIN ST, LAGRANGE, GA 30240-3217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2015
—
Downtown Lagrange Dev Authorit
—
Trustees Deed
related
$2,100,000 · Columbus Bk&tr
Apr 3, 2015
—
Downtown Lagrange Dev Authorit
Callaway Foundation INC
Grant Deed
related
—
Jul 6, 2005
—
Downtown Lagrange Development
City Of Lagrange Georgia
Deed
—
Jun 17, 2005
—
Callaway Foundation INC
Downtown Lagrange Developm
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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