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Property profile & analytics
OFF-MARKET
Commercial real estate
46 Bell Rd, La Fayette, GA 30728-8706
Individually Owned
8-yr Hold
Property ID
US22-0676932
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
WOOD
Total area
4,554 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R2
APN
03282 019
UPID
US22-0676932
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Phillip R Martz · 8 yrs held
Phillip R Martz
since 2018
5 recorded transactions
Zoning & alternative use
R2 · La Fayette, 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 La Fayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Fayette 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
$2,523
Tax year 2023
Assessed value
$91,002
Assessed 2023
Previous assessed
$91,002
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$5,280
Assessed improvement
$85,722
Land market value
$13,200
Improvement market value
$214,304
Total market value
$227,504
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
8
Total area
4,554 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R2
APN
03282 019
UPID
US22-0676932
Jurisdiction
WALKER
Zoning & alternative use
R2 · La Fayette, GA
Zoning R2 · permitted uses
R2 · La Fayette, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Fayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
8
Lot
0.33 ac
Current owner
From public records · entity-resolved
Phillip R Martz
Individual
Mailing address
608 RAINS CIR, SUMMERVILLE, GA 30747-7243
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2023
—
Phillip R Martz
—
Deed
related
$294,000 · Umortgage
Mar 19, 2021
—
Phillip R Martz
—
Deed
related
$135,000 · United Cmnty Bk
May 31, 2018
$185,000
Phillip R Martz
46 Bell Road Property LLC
Warranty Deed
$138,750 · United Community Bank
Nov 25, 2015
$150,000
46 Bell Rd Property LLC
Bell,jackie
Warranty Deed
related
$116,000 · First Volunteer Bk
—
—
Phillip R Martz
—
Deed Of Trust
related
$135,000 · United 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.
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