Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    426 Kytle St Cleveland, GA 30528-1336

    • Medical offices
    • 1,724 SF
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2461235
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Petitt Chiropractic Clinic / Chiropractor
    • James G. Petitt, DC / Chiropractor

    Property Details for 426 Kytle St

    Year built
    1968
    Construction
    FRAME
    Property size
    1,724 SF
    Zone code
    B2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    C01C 126
    APU
    C01C126

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $245,000
      AUTO REPAIR, GARAGE
      $190,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    White
    State
    Georgia
    Longitude
    -83.7709
    Latitude
    34.5969

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $20,000
    $19,340
    $39,340
    -
    $50,000
    $48,350
    $98,350

    Comparable in this City

    • Value Estimation
      $350,000

      262 Main St

      MEDICAL BUILDING
      262 Main St, Cleveland, GA 30528-1403
      View Details
    • Value Estimation
      $625,000
      6,836 SF

      84 Helen Hwy

      MEDICAL BUILDING • 6,836 SF
      84 Helen Hwy, Cleveland, GA 30528-7804
      View Details
    • Value Estimation
      $515,000
      11,700 SF

      2578 Helen Hwy

      MEDICAL BUILDING • 11,700 SF
      2578 Helen Hwy, Cleveland, GA 30528-2848
      View Details
    • Value Estimation
      $120,000
      3,636 SF

      84 Underwood St

      MEDICAL BUILDING • 3,636 SF
      84 Underwood St, Cleveland, GA 30528-1272
      View Details
    • Value Estimation
      $420,000
      2,595 SF

      549 Main St

      MEDICAL BUILDING • 2,595 SF
      549 Main St, Cleveland, GA 30528-1411
      View Details
    • Value Estimation
      $475,000
      2,176 SF

      56 Allison Dr

      MEDICAL BUILDING • 2,176 SF
      56 Allison Dr, Cleveland, GA 30528-1098
      View Details

    Similar Nearby for Sale

    • $450,000
      2,800 SF

      Highway Frontage Commercial Opportunity

      Versatile commercial property with highway frontage between Cleveland and Gainesville.
      5282 Highway 129 S, Cleveland, GA 30528
      View Details
    • $1,995,000
      26,000 SF

      15 Courthouse Sq, Cleveland, GA 30528

      Retail properties • 26,000 SF
      15 Courthouse Sq, Cleveland, GA 30528
      View Details
    • $1,050,000

      Prime Cleveland, GA Land

      Walmart-adjacent acreage, development potential
      475 Underwood Farm Rd, Cleveland, GA 30528
      View Details
    • $435,000
      2.46 Acres

      Prime Cleveland Commercial Property

      2 Homes, Shop, 2.46 Acres
      5658 Highway 115, Cleveland, GA 30528
      View Details
    • $1,790,000
      2,500 SF

      Mountain Campground Business

      18 Acres, Thriving Business, Turnkey
      4542 Highway 129, Cleveland, GA 30528
      View Details
    • $335,000
      1,578 SF

      Cleveland, GA Commercial Property

      1,578 sq ft building on 1 acre.
      657 Kytle St, Cleveland, GA 30528
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,564 SF

      Industrial Space For Lease

      Industrial, office, retail space available for lease.
      195 E Jarrard St, Cleveland, GA 30528
      View Details
    • $14 SF/Yr
      1,330 SF

      Retail Space in Cleveland, Georgia

      Retail space available for lease in Cleveland, Georgia.
      897 S Main St, Cleveland, GA 30528
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    426 Kytle St
    Cleveland, GA 30528-1336
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.