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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Office buildings
380 Racetrack Rd Mcdonough, GA 30252-1022
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1706928
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
11,168 SF
Lot
0.68 ac (29,708 SF)
Zoning code
C1
APN
108-01017023
UPID
US22-1706928
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.22M
Owner & transaction history
Jmc Racetrack Road LLC · 10 yrs held
Jmc Racetrack Road LLC
since 2016
5 recorded transactions
Zoning & alternative use
C1 · Mcdonough, 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 Mcdonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcdonough 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$109 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,540
Tax year 2024
Assessed value
$328,000
Assessed 2024
Previous assessed
$328,000
+0.0% YoY
Effective rate
3.82%
On assessed value
Assessed land
$71,320
Assessed improvement
$256,680
Land market value
$178,300
Improvement market value
$641,700
Total market value
$820,000
Applied tax rate
2.0000
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
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Bathrooms
4
Total area
11,168 SF
Lot
0.68 ac (29,708 SF)
Zoning code
C1
APN
108-01017023
UPID
US22-1706928
Jurisdiction
HENRY
Zoning & alternative use
C1 · Mcdonough, GAZoning C1 · permitted uses
C1 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code Title 17
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
4
Lot
0.68 ac
Current owner
From public records · entity-resolved
Jmc Racetrack Road LLC
Entity
Mailing address
390 RACETRACK RD, MCDONOUGH, GA 30252-1022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Mar 14, 2016
$1,021,700
Jmc Racetrack Road LLC
Mc Land Investments LLC
Grant Deed
related
$1,016,733 · Bank Of The Ozarks
Dec 19, 2005
$125,000
Cagle,brian
Towne Village LLC
Warranty Deed
—
Dec 19, 2005
$150,000
Mcland Invest LLC
Cagle,brian
Warranty Deed
$135,000 · Park Avenue Bk
—
—
Mc Land Investments LLC
—
Loan Modification
related
$1,249,500 · Bank Of The Ozarks
—
—
Mc Land Investments LLC
—
Loan Modification
related
$1,249,500 · Park Avenue Bk
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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