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Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Medical Office Space
3240 Avalon Blvd Conyers, GA 30013-6320
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1798857
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
STEEL FRAME
Total area
14,000 SF
Lot
6.74 ac (293,594 SF)
Zoning code
OI
APN
077-0-01-0025
UPID
US22-1798857
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$3.26M
Owner & transaction history
Avalon Land Co LLC · 3 yrs held
Avalon Land Co LLC
since 2022
Last sale
$3.3M
5 recorded transactions
Zoning & alternative use
OI · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Conyers GIS Main Page
Top alternative use upside
Commercial (general)
$4.5M
+73.8%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$3,390,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$3,385,000
6.5%
$3,125,000
7%
$2,900,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,575,000
Current use
COMMERCIAL (GENERAL)
$4,480,000
Change: +74% · Conversion: Easy
RETAIL STORES
$2,235,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.26M
Range $2.93M – $3.58M · ±10% · vs last sale $3.30M (Dec 23 2022)
Last sale anchor
$3.30M
Dec 23 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
$233 / 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
$52,604
Tax year 2023
Assessed value
$1,282,200
Assessed 2023
Previous assessed
$1,282,200
+0.0% YoY
Effective rate
4.10%
On assessed value
Assessed land
$469,720
Assessed improvement
$812,480
Land market value
$1,174,300
Improvement market value
$2,031,200
Total market value
$3,205,500
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
2005
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
14,000 SF
Lot
6.74 ac (293,594 SF)
Zoning code
OI
APN
077-0-01-0025
UPID
US22-1798857
Jurisdiction
ROCKDALE
Zoning & alternative use
OI · Conyers, GAZoning OI · permitted uses
OI · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Conyers GIS Main Page
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$4.5M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2005
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
6.74 ac
Current owner
From public records · entity-resolved
Avalon Land Co LLC
Entity
Mailing address
1153 COLLEGE AVE SE, COVINGTON, GA 30014-2804
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
$3,300,000
Avalon Land Co LLC
Fertile Land Co LLC
Limited Warranty Deed
$2,805,000 · Truist Bank
Nov 25, 2019
—
Fertile Land Co LLC
—
Deed
related
$945,043 · Branch Bk&tr
Aug 5, 2016
$167,000
Catherine Knox
Gilbert-matias,sandra
Grant Deed
$158,650 · Caliber Hm Loans
—
—
Fertile Land Co LLC
—
Loan Modification
related
$945,043 · Branch Bk&tr
—
—
Fertile Land Co LLC
—
Deed Of Trust
related
$1,838,815 · Branch Banking & Trust Co
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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