Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Office Spaces
400 Hawthorne Ln Athens, GA 30606-2197
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0985924
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
5,688 SF
Lot
0.63 ac (27,524 SF)
Zoning code
C-O
APN
11-3-B2 B-005
UPID
US22-0985924
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
-
SummitRidge Medical Clinic
-
Cole Larry Insurance Agency
-
Bond Frances D PhD Counselor
-
Chandler Rodney L CPA Accounting Firm Tax Preparation
-
Michael (Mickey) J. Hotcaveg, CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.18M
Owner & transaction history
Jes Property Holdings LLC · 2 yrs held
Jes Property Holdings LLC
since 2024
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
C-O · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+49.3%
Auto repair, garage
$1.1M
+14.8%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$1,175,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$915,000
Current use
MEDICAL BUILDING
$1,365,000
Change: +49% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,050,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.18M (May 31 2024)
Last sale anchor
$1.18M
May 31 2024
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
$207 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,334
Tax year 2023
Assessed value
$458,682
Assessed 2023
Previous assessed
$458,682
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$80,000
Assessed improvement
$378,682
Land market value
$200,000
Improvement market value
$946,704
Total market value
$1,146,704
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
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
5,688 SF
Lot
0.63 ac (27,524 SF)
Zoning code
C-O
APN
11-3-B2 B-005
UPID
US22-0985924
Jurisdiction
CLARKE
Zoning & alternative use
C-O · Athens, GA
Zoning C-O · permitted uses
C-O · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$915,000
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1997
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
0.63 ac
Current owner
From public records · entity-resolved
Jes Property Holdings LLC
Entity
Mailing address
400 HAWTHORNE LN, ATHENS, GA 30606-2197
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
—
Jes Property Holdings LLC
New Horizon Management Co LLC
Quit Claim Deed
related
—
May 31, 2024
$1,175,000
New Horizon Management Co LLC
Sa Acquisitions Athens LLC
Warranty Deed
—
May 20, 2016
$820,100
Sa Acquisitions Athens LLC
H P Hawthorne LLC
Warranty Deed
$735,250 · South St Bk
Sep 26, 2007
—
Lewis A Hudgins
Griffin-hudgins Co LLC
Quit Claim Deed
related
—
—
—
Hp Hawthorne LLC
—
Deed Of Trust
related
$673,784 · Commercial Bank
—
—
Sa Acquisitions Athens LLC
—
Loan Modification
related
$735,250 · South St 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.
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 Hawthorne Ln?
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.
