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Property profile & analytics
OFF-MARKET
Office buildings
407 2nd Ave Calhoun, GA 30701-2101
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0702253
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
2,920 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
C11 - -137
UPID
US22-0702253
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
-
John C. Leggett, PC Law Firm
-
Leggett Law Law Firm
-
Jennifer Smith Physician
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
Owens L P · 4 yrs held
Owens L P
since 2021
7 recorded transactions
Zoning & alternative use
C-2 · Calhoun, 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 Calhoun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calhoun 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
$3,177
Tax year 2023
Assessed value
$113,000
Assessed 2023
Previous assessed
$115,360
-2.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$16,800
Assessed improvement
$96,200
Land market value
$42,000
Improvement market value
$240,500
Total market value
$282,500
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
Heating
NONE
Total area
2,920 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
C11 - -137
UPID
US22-0702253
Jurisdiction
GORDON
Zoning & alternative use
C-2 · Calhoun, GA
Zoning C-2 · permitted uses
C-2 · Calhoun, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Calhoun. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Owens L P
Individual
Free & Clear · 4 yrs held
Mailing address
121 WILLOWBROOK DR SE, CALHOUN, GA 30701-1406
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2021
$275,000
Owens L P
Prater Corporation
Warranty Deed
—
Dec 3, 2018
$230,000
Prater Corp
Abby Investment Properties LLC
Warranty Deed
$184,000 · Synovus Bk
Oct 8, 2018
—
Abby Investment Properties LLC
Hamiton Physician Group INC
Deed
related
$132,000 · Greater Cmnty Bk
Aug 5, 2014
$310,000
Hamilton Physician Group INC
Arukah Medicine PC
Grant Deed
—
Nov 29, 2011
—
Arukah Medicine
Scbt NA
Grant Deed
—
Nov 22, 2010
$200,000
Bk Habersham
Broad Horizon Investments LLC
Trustees Deed
related
—
May 30, 2008
—
Broad Horizon Investments LLC
Springboard Investments LLC
Warranty Deed
$225,000 · Habersham Bank
May 5, 2005
$30,000
I Buy INC
Clark,larry
Warranty Deed
$30,000 · North Ga National Bank
—
—
Arukah Medicine PC
—
Deed Of Trust
related
$34,059 · Century Bk/ga
—
—
Broad Horizon Investments LLC
—
Loan Modification
related
$225,000 · Habersham Bank
—
—
Broad Horizon Investments LLC
—
Loan Modification
related
$15,000 · Habersham Bank
—
—
Arukah Medicine PC
—
Deed Of Trust
related
$245,000 · Century Bank
—
—
Abby Investment Properties LLC
Hamiton Physician Group INC
Deed Of Trust
related
$132,000 · Greater Cmnty 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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