Back to Search
Property profile & analytics
FOR LEASE
Office Spaces
40 Macon St McDonough, GA 30253
Individually Owned
6-yr Hold
Free & Clear
Property ID
US22-0809214
For Lease
1 / 16
$3,900/Mo
40 Macon St, McDonough, GA 30253
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,705 SF
Lot
0.25 ac (10,803 SF)
Zoning code
C2
APN
M20-02006000
UPID
US22-0809214
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
-
Vansaghi & Associates, LLC Law Firm Financial Advisor
-
W. Matt Roberts, P.C. Law Firm
-
River Haven Counseling Center, LLC Mental Health Service Counselor
-
Marcus Leonard - COUNTRY Financial representative Insurance Agency
-
Randall Sears - COUNTRY Financial Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$955k
Owner & transaction history
Stephanie K Vansaghi · 6 yrs held
Stephanie K Vansaghi
since 2020
4 recorded transactions
Zoning & alternative use
C2 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+1.2%
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%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,075,000
Current use
RETAIL STORES
$1,085,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$970,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$203 / 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
$7,867
Tax year 2024
Assessed value
$207,520
Assessed 2024
Previous assessed
$207,520
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$64,800
Assessed improvement
$142,720
Land market value
$162,000
Improvement market value
$356,800
Total market value
$518,800
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 Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
20
Bathrooms
4
Total area
4,705 SF
Lot
0.25 ac (10,803 SF)
Zoning code
C2
APN
M20-02006000
UPID
US22-0809214
Jurisdiction
HENRY
Zoning & alternative use
C2 · Mcdonough, GA
Zoning C2 · permitted uses
C2 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$970,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
20
Bathrooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Stephanie K Vansaghi
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 3426, MCDONOUGH, GA 30253-1747
Ownership since
2020
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
Jan 28, 2020
—
Stephanie K Vansaghi
Richard Nahe
Quit Claim Deed
related
—
Feb 9, 2015
$242,500
Nahe R|khouri Stephanie Coury
Ballard Properties LLC
Grant Deed
—
Aug 26, 2009
—
Ballard Properties LLC
Ballard,douglas Richard
Quit Claim Deed
related
—
—
—
Ballard Properties LLC
—
Deed Of Trust
related
$662,058 · Hamilton State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
