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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Medical Office Space
4292 Gray Hwy Gray, GA 31032-5900
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US22-1059595
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Construction
CONCRETE
Total area
4,798 SF
Lot
1.23 ac (53,579 SF)
Zoning code
2
APN
J45 00 004G
UPID
US22-1059595
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
-
Kelleher Chiropractic Clinic Alternative Medicine Practice
-
CHCS, INC – Mobile Unit Community Health Centre Health Care Facility
-
Community Health Care Systems, Inc. - Gray Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Community Health Care Systems · 12 yrs held
Community Health Care Systems
since 2013
6 recorded transactions
Zoning & alternative use
2 · Gray, 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 Gray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gray 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$510,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$480,000
Change: 0% · Conversion: Easy
RETAIL STORES
$440,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$415,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$131 / 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
Assessed value
$266,866
Assessed 2023
Previous assessed
$266,866
+0.0% YoY
Assessed land
$110,700
Assessed improvement
$156,166
Land market value
$276,750
Improvement market value
$390,415
Total market value
$667,165
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
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,798 SF
Lot
1.23 ac (53,579 SF)
Zoning code
2
APN
J45 00 004G
UPID
US22-1059595
Jurisdiction
JONES
Zoning & alternative use
2 · Gray, GAZoning 2 · permitted uses
2 · Gray, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$480,000
RETAIL STORES
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$415,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Community Health Care Systems
Individual
Mailing address
PO BOX 365, TENNILLE, GA 31089-0365
Ownership since
2013
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
Dec 31, 2013
$480,000
Community Health Care Systems
Fieldstone Of Georgia LLC
Warranty Deed
$468,000 · Fieldstone Of Georgia
Dec 31, 2013
$370,000
Fieldstone Of Georgia LLC
Freshview LLC
Grant Deed
$376,190 · Morris Bank
Nov 8, 2013
$240,000
Freshview LLC
State Bk & Trust Co
Grant Deed
—
Nov 29, 2012
$546,000
State Bk & Trust Co
Kelleher,todd F
Trustees Deed
related
—
Jun 28, 1999
$150,000
Kelleher,todd F
Owner Name Unavailable
Grant Deed
related
—
—
—
Community Health Care System I
—
Deed Of Trust
related
$430,123 · Robins Financial Cu Robins Financial Cu
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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