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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Office buildings
315 Solomon St Griffin, GA 30223-3038
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1372513
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1918
Construction
WOOD
Total area
14,560 SF
Lot
0.78 ac (33,977 SF)
Zoning code
CBD
APN
012 -31-003
UPID
US22-1372513
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
-
Stone Soup Medical Medical Clinic
-
Nancy C. Bankston, APC Counselor Doctor
-
Shockley Carol F PhD Physician Medical Clinic
-
All Together Unique Clothing Clothing & Fashion Store
-
Josh Harris - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$930k
Owner & transaction history
New Griffin Township LLC · 4 yrs held
New Griffin Township LLC
since 2022
Last sale
$950,000
2 recorded transactions
Zoning & alternative use
CBD · Griffin, 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$850,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,225,000
Current use
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $950k (Jun 6 2022)
Last sale anchor
$950k
Jun 6 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
$64 / 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
$15,186
Tax year 2023
Assessed value
$380,137
Assessed 2023
Previous assessed
$380,137
+0.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$40,772
Assessed improvement
$339,365
Land market value
$101,931
Improvement market value
$848,412
Total market value
$950,343
Applied tax rate
5.0000
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
1918
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Total area
14,560 SF
Lot
0.78 ac (33,977 SF)
Zoning code
CBD
APN
012 -31-003
UPID
US22-1372513
Jurisdiction
SPALDING
Zoning & alternative use
CBD · Griffin, GA
Zoning CBD · permitted uses
CBD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
OFFICE BUILDING Current
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
1918
Construction
WOOD
Heating
YES
Cooling
Yes
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
New Griffin Township LLC
Entity
Free & Clear · 4 yrs held
Mailing address
403 W PONCE DE LEON AVE STE #260, DECATUR, GA 30030-2434
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$950,000
New Griffin Township LLC
Dovedown Partners LLC
Warranty Deed
—
—
—
Dovedown Partner LLC
—
Deed Of Trust
related
$918,061 · United Bank
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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