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Property profile & analytics
OFF-MARKET
Office Spaces
40 Memory Ln Franklin, GA 30217-7560
Entity Owned
11-yr Hold
Free & Clear
Property ID
US22-2649798
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Construction
WOOD
Total area
1,176 SF
Lot
6.5 ac (283,140 SF)
Zoning code
RESIDENTIAL
APN
0040-0007
UPID
US22-2649798
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
-
Boardwalk Certified Appraisers, LLC Real Estate Agency
-
Stacks Glass LLC Hardware & Home Improvement Home Decor Store
-
bwinvestorsinc com Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cbna-ga LLC · 11 yrs held
Cbna-ga LLC
since 2014
5 recorded transactions
Zoning & alternative use
RESIDENTIAL · Franklin, 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$409
Tax year 2023
Assessed value
$19,607
Assessed 2023
Previous assessed
$19,607
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$5,897
Assessed improvement
$13,710
Land market value
$14,742
Improvement market value
$34,274
Total market value
$49,016
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
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
Off-Market
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
1,176 SF
Lot
6.5 ac (283,140 SF)
Zoning code
RESIDENTIAL
APN
0040-0007
UPID
US22-2649798
Jurisdiction
HEARD
Zoning & alternative use
RESIDENTIAL · Franklin, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Franklin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
6.5 ac
Current owner
From public records · entity-resolved
Cbna-ga LLC
Entity
Free & Clear · 11 yrs held
Mailing address
40 MEMORY LN, FRANKLIN, GA 30217-7560
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Aug 12, 2014
—
Cbna-ga LLC
Certusbank NA
Quit Claim Deed
related
—
Aug 12, 2014
$30,000
Wendy Stedman
Cbna-ga LLC
Grant Deed
—
Feb 4, 2014
$32,000
NA Certusbank
Orr,mickey
Grant Deed
—
Jan 30, 2008
—
Mickey Orr
Orr,dorothy
Quit Claim Deed
related
—
Dec 28, 2007
—
Richard Janney
Orr,dorothy
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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