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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Retail space
494 Baxter St Ste A Athens, GA 30605-6115
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1327580
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
1,812 SF
Lot
0.04 ac (1,742 SF)
Zoning code
C-G
APN
17-1-C2 A-001
UPID
US22-1327580
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
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.37M
Owner & transaction history
Mash Athens LLC · 3 yrs held
Mash Athens LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-G · Athens, 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 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
Method
Estimation
Statistic approach
$1,280,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.50M (May 24 2023)
Last sale anchor
$1.50M
May 24 2023
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
$753 / 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
$3,162
Tax year 2023
Assessed value
$101,194
Assessed 2023
Previous assessed
$101,194
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$32,616
Assessed improvement
$68,578
Land market value
$81,540
Improvement market value
$171,446
Total market value
$252,986
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
NONE
Total area
1,812 SF
Lot
0.04 ac (1,742 SF)
Zoning code
C-G
APN
17-1-C2 A-001
UPID
US22-1327580
Jurisdiction
CLARKE
Zoning & alternative use
C-G · Athens, GA
Zoning 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
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Mash Athens LLC
Entity
Mailing address
900 CIR 75TH PKWY SE STE #950, ATLANTA, GA 30339-3053
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$1,500,000
Mash Athens LLC
Cobblestone Holdings LLC
Warranty Deed
—
Feb 11, 2020
$750,000
Cobblestone Holdings LLC
Athens Equities LLC
Grant Deed
related
$637,500 · Cadence Bk NA
Feb 7, 2006
—
Athens Equities LLC
Parker,kenneth B & Susan D
Quit Claim Deed
related
$524,138 · Suntrust Bank NA
Jan 9, 2006
$539,500
Kenneth B Parker
Babb Ents LLC
Grant Deed
$524,138 · Suntrust Bank NA
Jan 9, 2006
$200,600
Athens Equities LLC
Babb Ents LLC
Grant Deed
related
—
—
—
Athens Equities LLC
—
Loan Modification
related
$408,961 · National Bank Ga
—
—
Athens Equities LLC
—
Loan Modification
related
$267,151 · State Bk&tr
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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