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Property profile & analytics
FOR SALE
Office Spaces
4165 Carroll St SW Covington, GA 30014
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0876163
For Sale
1 / 11
$450,000
4165 Carroll St SW, Covington, GA 30014
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1927
Total area
3,520 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C1
APN
C0350-00020-007-000
UPID
US22-0876163
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$595k
Owner & transaction history
Kurji Properties LLC · 4 yrs held
Kurji Properties LLC
since 2021
6 recorded transactions
Zoning & alternative use
C1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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%
$715,000
6.5%
$660,000
7%
$610,000
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$169 / 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
$4,550
Tax year 2023
Assessed value
$140,000
Assessed 2023
Previous assessed
$140,000
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$29,240
Assessed improvement
$110,760
Land market value
$73,100
Improvement market value
$276,900
Total market value
$350,000
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 Sale
Year built
1927
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
6
Total area
3,520 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C1
APN
C0350-00020-007-000
UPID
US22-0876163
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GA
Zoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1927
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
0.24 ac
Current owner
From public records · entity-resolved
Kurji Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5181 HAZEL ST NE, COVINGTON, GA 30014-2676
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$1,100,000
Kurji Properties LLC
Mighty Washington Properties LLC
Warranty Deed
—
Sep 9, 2021
$775,000
Mighty Washington Properties LLC
Praveen Vittal
Warranty Deed
—
Aug 9, 2017
—
Praveen Vittal
—
Deed
related
—
Aug 14, 2014
$300,000
Praveen Vittal
Wpc Investments LLC
Grant Deed
$260,000 · Wpc Investments LLC
Dec 22, 2009
—
Walker P Campbell
Campbell,e Pat
Quit Claim Deed
related
—
—
—
Praveen Vittal
—
Loan Modification
related
—
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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