Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces
400 Grandis Hts Cir Clarkesville, GA 30523-5423
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4696248
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Construction
FRAME
Total area
866 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LI
APN
142 066
UPID
US22-4696248
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
-
Classic Bus Sales Car Dealership
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
Classic Bus Sales LLC · 5 yrs held
Classic Bus Sales LLC
since 2021
Last sale
$219,900
7 recorded transactions
Zoning & alternative use
LI · Clarkesville, 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 Clarkesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkesville 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,884
Tax year 2024
Assessed value
$111,108
Assessed 2024
Previous assessed
$94,240
+17.9% YoY
Effective rate
2.60%
On assessed value
Assessed land
$68,912
Assessed improvement
$42,196
Land market value
$172,280
Improvement market value
$105,490
Total market value
$277,770
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
866 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LI
APN
142 066
UPID
US22-4696248
Jurisdiction
HABERSHAM
Zoning & alternative use
LI · Clarkesville, GAZoning LI · permitted uses
LI · Clarkesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Classic Bus Sales LLC
Entity
Mailing address
10502 WARWOMAN RD, CLAYTON, GA 30525-3426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
$219,900
Classic Bus Sales LLC
Mafra LLC
Warranty Deed
—
Jul 15, 2019
—
Mafra LLC
—
Deed
related
$63,750 · Small Town Bank
Jun 7, 2019
$192,000
Mafra LLC
Deep South Enterprises LLC
Warranty Deed
—
May 29, 2019
$56,160
Deep South Enterprises LLC
4p LLC
Warranty Deed
—
Jul 3, 2018
$46,800
4p LLC
Black
Warranty Deed
—
Dec 14, 2015
$171,890
Deep South Enterprises LLC
Michael A Arceneaux
Warranty Deed
—
Aug 21, 2015
$55,000
Payette Financial Svcs LLC
Cf Southeast Reo LLC
Warranty Deed
—
Jun 4, 2013
$80,000
Cf Southeast Reo LLC
Floyd Anthony Barrett
Foreclosure
related
—
Sep 1, 2006
$245,000
Randy K Gordy
Not Provided
Deed
—
Feb 1, 2006
$180,000
Randy K Gordy
Not Provided
Deed
$179,100 · Dyer David D
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?”
You own 400 Grandis Hts Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
