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Property profile & analytics
OFF-MARKET
Estimated value
$3,665,000
Office buildings
475 Meriwether St, Grantville, GA 30220
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2767686
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
STEEL FRAME
Total area
15,996 SF
Lot
30 ac (1,306,800 SF)
Zoning code
1
APN
004 - -001
UPID
US22-2767686
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
$3.52M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$3.67M
Owner & transaction history
Meriwether County Water And Se · 17 yrs held
Meriwether County Water And Se
since 2008
7 recorded transactions
Zoning & alternative use
1 · Grantville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+10.8%
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 Grantville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grantville 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%
$3,810,000
6.5%
$3,515,000
7%
$3,265,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,590,000
Current use
COMMERCIAL (GENERAL)
$2,865,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$3.67M
Range $3.30M – $4.03M · ±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
$229 / 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
$3,530,920
Assessed 2023
Previous assessed
$3,530,920
+0.0% YoY
Assessed land
$70,120
Assessed improvement
$3,460,800
Land market value
$175,300
Improvement market value
$8,652,000
Total market value
$8,827,300
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
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
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
15,996 SF
Lot
30 ac (1,306,800 SF)
Zoning code
1
APN
004 - -001
UPID
US22-2767686
Jurisdiction
MERIWETHER
Zoning & alternative use
1 · Grantville, GA
Zoning 1 · permitted uses
1 · Grantville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grantville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2009
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
30 ac
Current owner
From public records · entity-resolved
Meriwether County Water And Se
Entity
Mailing address
2600 ES BLVD STE #300, MONTGOMERY, AL 36116-2537
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Sep 8, 2008
—
Meriwether County Water And Se
Reynolds,mack
Grant Deed
—
Aug 4, 2008
—
Greenland Al LLC
Reynolds,mack
Grant Deed
—
Feb 28, 2008
$100
The Meriwether County Industri
Meriwether Industrial LLC
Grant Deed
—
Feb 15, 2008
—
Meriwether County Water And Se
Meriwether Industrial LLC
Quit Claim Deed
—
Sep 14, 2007
$1,067,220
Meriwether Industrial LLC
Reynolds,mack
Grant Deed
—
—
—
Meriwether County Industrial D
—
Deed Of Trust
related
$275,000 · Greenland
—
—
Autopart Technology Ge Dongwon
—
Deed Of Trust
related
$2,000,000 · First Intercontinental Bank
—
—
Dongwon Autopart Technology Ge
—
Deed Of Trust
related
$4,000,000 · * Other Institutional Lenders
—
—
Autopart Technology Ge Dongwon
—
Deed Of Trust
related
$2,000,000 · First Intercontinental Bank
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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