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Property profile & analytics
OFF-MARKET
Estimated value
$10,655,000
Medical Office Space
4645 Timber Rdg Dr Douglasville, GA 30135-7541
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-4646897
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,088 SF
Lot
3.23 ac (140,699 SF)
Zoning code
OI-L
APN
0049-01-5- -00005
UPID
US22-4646897
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
-
Erinn T. Gardner, MD Physician Medical Clinic
-
Molly Bridges Bouldin Physician Medical Clinic
-
Threlkeld Anisa MD Ophthalmologist
-
Russell Gregg MD Physician
-
Corwin Steven R MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.46M
CAP Approach
CAP
$10.06M
Comparable Approach
Comparable
$13.12M
Blend (final)
Blend
$10.66M
Owner & transaction history
Hr Acquisition I LLC · 3 yrs held
Hr Acquisition I LLC
since 2022
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
OI-L · Douglasville, 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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$9,685,000
ML approach
$7,455,000
CAP Approach
CAP Return
Estimation
6%
$10,895,000
6.5%
$10,055,000
7%
$9,340,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,805,000
Current use
Blend value · Realmo final
$10.66M
Range $9.59M – $11.72M · ±10% · vs last sale $11.80M (Aug 10 2022)
Last sale anchor
$11.80M
Aug 10 2022
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
$236 / 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
$88,412
Tax year 2023
Assessed value
$2,780,000
Assessed 2023
Previous assessed
$2,780,000
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$264,340
Assessed improvement
$2,515,660
Land market value
$660,850
Improvement market value
$6,289,150
Total market value
$6,950,000
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
2
Total area
45,088 SF
Lot
3.23 ac (140,699 SF)
Zoning code
OI-L
APN
0049-01-5- -00005
UPID
US22-4646897
Jurisdiction
DOUGLAS
Zoning & alternative use
OI-L · Douglasville, GA
Zoning OI-L · permitted uses
OI-L · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$9.8M
MEDICAL BUILDING Current
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
6
Lot
3.23 ac
Current owner
From public records · entity-resolved
Hr Acquisition I LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3310 W END AVE STE #700, NASHVILLE, TN 37203-1097
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
$11,800,000
Hr Acquisition I LLC
Timber Ridge Medical Office LLC
Warranty Deed
—
Apr 30, 2019
$6,436,300
Timber Ridge Medical Office Ll
Jrf Douglas Corp
Grant Deed
$4,825,000 · Inland Mc Lending LLC
Oct 10, 2017
—
Jrf Douglas Corp
Jrf Properties LLC
Quit Claim Deed
related
—
Sep 6, 2017
—
Jrf Douglas Corp
—
Deed
related
—
Oct 11, 2006
$1,335,000
Fairview Ptshp Lllp
Jrf Properties LLC
Grant Deed
—
Oct 4, 2006
$1,335,000
Fairview,partnership Lllp
Jrf Properties LLC
Grant Deed
—
Oct 3, 2005
—
Jrf Properties LLC
Linco Dev Co
Quit Claim Deed
related
—
—
—
Fairview,partnership Lllp
—
Deed Of Trust
related
$3,567,877 · Branch Banking & Trust Co
—
—
Jrf Douglas Corp
—
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.
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