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Property profile & analytics
FOR SALE
Office buildings
4240 Washington Rd Evans, GA 30809
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-4735474
For Sale
1 / 2
$1,187,000
4240 Washington Rd, Evans, GA 30809
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
BRICK
Total area
2,767 SF
Lot
0.63 ac (27,443 SF)
Zoning code
C-2;GEN COMM DISTR
APN
072A283
UPID
US22-4735474
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
-
Take 5 Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$365k
Blend (final)
Blend
$535k
Owner & transaction history
4240 Washington Road LLC · 4 yrs held
4240 Washington Road LLC
since 2021
Last sale
$550,000
2 recorded transactions
Zoning & alternative use
C-2;GEN COMM DISTR · Evans, 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 Evans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evans 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
$510,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $550k (Dec 14 2021)
Last sale anchor
$550k
Dec 14 2021
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
$193 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,818
Tax year 2024
Assessed value
$273,035
Assessed 2024
Previous assessed
$271,337
+0.6% YoY
Effective rate
2.50%
On assessed value
Assessed land
$191,522
Assessed improvement
$81,513
Land market value
$478,805
Improvement market value
$203,783
Total market value
$682,588
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
For Sale
Year built
1971
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Rooms
10
Bathrooms
2
Total area
2,767 SF
Lot
0.63 ac (27,443 SF)
Zoning code
C-2;GEN COMM DISTR
APN
072A283
UPID
US22-4735474
Jurisdiction
COLUMBIA
Zoning & alternative use
C-2;GEN COMM DISTR · Evans, GA
Zoning C-2;GEN COMM DISTR · permitted uses
C-2;GEN COMM DISTR · Evans, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evans. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Rooms
10
Bathrooms
2
Lot
0.63 ac
Current owner
From public records · entity-resolved
4240 Washington Road LLC
Entity
Mailing address
PO BOX 5441, SPARTANBURG, SC 29304-5441
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
$550,000
4240 Washington Road LLC
Nami Investments LLC
Warranty Deed
$1,349,330 · Arthur State Bank
Apr 29, 2011
$372,500
Nami Investments LLC
Meybohm,robert L & Lynn S
Warranty 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.
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