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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3345 Old Salem SE Rd Conyers, GA 30013-2261

    • Office Properties & Spaces
    • 4,220 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2724181
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Animal Medical Clinic / Animal Hospital
    • Animal Medical Clinic: Montgomery Bonnie DVM / Veterinarian

    Property Details for 3345 Old Salem SE Rd

    Year built
    1974
    Lot size
    1.16 lot acres
    Property size
    4,220 SF
    Zone code
    C1
    Property type
    Office Properties & Spaces
    APN
    0012A-00000-144-000
    APU
    0012A00000144000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $855,000
      6.5%
      $790,000
      7%
      $730,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $438,000
      Market price range: $169k - $935k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Newton
    State
    Georgia
    Longitude
    -83.9737
    Latitude
    33.6026
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,924
    $50,520
    $130,960
    $181,480
    -
    $126,300
    $327,400
    $453,700

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      3339 Old Salem SE Rd

      OFFICE (GENERAL) • 2,400 SF
      3339 Old Salem SE Rd, Conyers, GA 30013-2261
      View Details
    • Value Estimation by Request
      16,900 SF

      3641 Ga-20Se Conyers Ga.

      Medical offices • 16,900 SF
      3641 Ga-20Se Conyers Ga., Conyers, GA 30013
      View Details
    • Value Estimation by Request
      1,800 SF

      1927 Old Highway 138

      Office space • 1,800 SF
      1927 Old Highway 138, Conyers, GA 30013
      View Details
    • Value Estimation by Request

      1140 Nortec Dr

      Office Properties & Spaces
      1140 Nortec Dr, Conyers, GA 30013
      View Details
    • Value Estimation by Request
      2,209 SF

      3320 Old Salem SE Rd

      OFFICE (GENERAL) • 2,209 SF
      3320 Old Salem SE Rd, Conyers, GA 30013-2223
      View Details
    • Value Estimation
      $895,000
      6,370 SF

      3205 Salem SE Rd

      OFFICE (GENERAL) • 6,370 SF
      3205 Salem SE Rd, Conyers, GA 30013-5302
      View Details

    Similar Nearby for Sale

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      0.24 Acres

      Residential Lot Near I-20

      Residential lot for sale in Conyers, Georgia.
      NE Old Covington Rd, Conyers, GA 30013
      View Details
    • Contact for pricing
      0.85 Acres

      Wooded Lot Near I-20

      Semi-secluded 0.85 acre wooded lot with basement potential.
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    • $625,000
      3.13 Acres

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      3.13 acres on heavily traveled Flat Shoals Rd.
      1908 Flat Shoals Rd, Conyers, GA 30013
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    Similar Nearby for Lease

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      9,000 SF

      Conyers Executive Office Suite for Lease

      Prime Conyers office, 400 sq ft, single tenant.
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    • $20 SF/Yr
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      Modern Office Suites in Prime Conyers Location
      1927 Old Highway 138, Conyers, GA 30013
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    • $25 SF/Yr
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      Rockdale Medical Office Building

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    • $3,400 /Mo
      13,046 SF

      Conyers Office Building For Rent

      13,046 sq ft office building in high-traffic Conyers location.
      365 Salem Gate Dr SE, Conyers, GA 30013
      View Details
    • Contact for pricing
      6,804 SF

      Prime Conyers Retail Space

      6,804 SF Restaurant/Retail, High Traffic
      1289 Dogwood Dr, Conyers, GA 30013
      View Details
    • Contact for pricing
      170,475 SF

      Conyers Crossing Retail Center

      High-traffic retail space in Conyers, GA.
      1485 Highway 138, Conyers, GA 30013
      View Details
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    Conyers, GA 30013-2261
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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