New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Medical Office Space
4905 Courtney Dr, Forest Park, GA 30297-1427
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0877297
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
6,192 SF
Lot
2.3 ac (100,188 SF)
Zoning code
C
APN
13-049A- B-025
UPID
US22-0877297
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
-
Daffodil Pediatrics Medical Clinic
-
Fahimot Faduyile Pediatrician Medical Clinic
-
Daliannys Morales Mendez Pediatrician Medical Clinic
-
Vaughnette Jones Pediatrician Medical Clinic
-
Dr. Taisha Okafor Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$1.20M
Owner & transaction history
Alakop Ents · 5 yrs held
Alakop Ents
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+102.7%
Commercial (general)
$1.1M
+40.1%
Office building
$1.0M
+29.5%
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$1,395,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
$1,495,000
6.5%
$1,380,000
7%
$1,285,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$790,000
Current use
AUTO REPAIR, GARAGE
$1,605,000
Change: +103% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$1,025,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.10M (Dec 18 2020)
Last sale anchor
$1.10M
Dec 18 2020
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
$193 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,344
Tax year 2024
Assessed value
$354,040
Assessed 2024
Previous assessed
$358,520
-1.2% YoY
Effective rate
3.49%
On assessed value
Assessed land
$21,640
Assessed improvement
$332,400
Land market value
$54,100
Improvement market value
$831,000
Total market value
$885,100
Applied tax rate
3.0000
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
1992
Heating
NONE
Total area
6,192 SF
Lot
2.3 ac (100,188 SF)
Zoning code
C
APN
13-049A- B-025
UPID
US22-0877297
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Heating
NONE
Lot
2.3 ac
Current owner
From public records · entity-resolved
Alakop Ents
Individual
Mailing address
4905 COURTNEY DR, FOREST PARK, GA 30297-1427
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
—
Alakop Ents
Jon Stachelrotdt
Quit Claim Deed
related
—
Dec 18, 2020
$1,100,000
Alakop Eneterprises LLC
Jon Stacherlrodt
Grant Deed
$825,000 · Other Institutional Lenders
Oct 27, 2016
$650,000
Jon Stachelrodt
Mcclellan Investments LLC
Grant Deed
—
Jan 5, 2010
—
Mcclellan Investments LLC
Mcclellan,marion M JR
Quit Claim Deed
related
—
Jan 4, 2010
—
Marion M Mcclellan JR.
Mcclellan,marion M JR
Quit Claim Deed
related
—
Dec 31, 2009
—
Marion M Mcclellan JR.
Kreider,rodney N
Grant Deed
related
—
—
—
Mcclellan Investments LLC
—
Deed Of Trust
related
$182,021 · Matthew Mcclellan
—
—
Mcclellan Investments LLC
—
Deed Of Trust
related
$100,000 · Suntrust Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4905 Courtney Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
