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Property profile & analytics
OFF-MARKET
Commercial real estate
494 Baxter St Athens, GA 30605-1172
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-0069434
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1967
Lot
1.04 ac (45,302 SF)
Zoning code
C-G
APN
17-1-C1 B-010
UPID
US22-0069434
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
-
Overlook Elevator General Contractor Construction Company
-
Sleepy Creek Apartments Apartment Building
-
Susan Abell Art Studio Artist
-
Bulldog Urgent Care 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
by Request
Owner & transaction history
Mash Athens LLC · 3 yrs held
Mash Athens LLC
since 2023
7 recorded transactions
Zoning & alternative use
C-G · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zone name
Commercial General
General category
COMMERCIAL
Zone area
2,661.56 ac
Source
Realmo
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
Assessed value
$1.00
Assessed 2023
Previous assessed
$1.00
+0.0% YoY
Land market value
$1.00
Improvement market value
$1.00
Total market value
$2.00
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
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
1967
Heating
NONE
Lot
1.04 ac (45,302 SF)
Zoning code
C-G
APN
17-1-C1 B-010
UPID
US22-0069434
Jurisdiction
CLARKE
Zoning & alternative use
C-G · Athens, GAZoning C-G · permitted uses
C-G · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zone name
Commercial General
General category
COMMERCIAL
Zone area
2,661.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Mash Athens LLC
Entity
Mailing address
PO BOX 80905, ATHENS, GA 30608-0905
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
—
Bulldog Urgent Care LLC
—
Deed
related
$450,000 · Tostensen Andrew H III
May 24, 2023
$1,500,000
Mash Athens LLC
Cobblestone Holdings LLC
Warranty Deed
—
May 20, 2022
—
Cobblestone Holdings LLC
—
Deed
related
$720,000 · Guardian Bank
Feb 11, 2020
$750,000
Cobblestone Holdings LLC
Athens Equities LLC
Grant Deed
related
$637,500 · Cadence Bk NA
Jun 11, 2018
—
Athens Equities LLC
—
Deed
related
$267,151 · State Bk&tr
—
—
Eduardo A Baetti
—
Deed Of Trust
related
$245,050 · Semper Home Loans
—
—
Charlene Byrd
—
Deed Of Trust
related
$199,765 · Citizens Bank Americus
—
—
David T Hays
—
Deed Of Trust
related
$90,000 · Bank Of Madison
—
—
Athens Equities LLC
—
Deed Of Trust
related
$511,803 · National Bank Ga
—
—
Athens Equities LLC
—
Deed Of Trust
related
$524,138 · 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.
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