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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Office buildings
5 Broad St Statesboro, GA 30458-4805
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2416556
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
3,562 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CBD
APN
S28-072-000
UPID
US22-2416556
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
-
Steve H Powell & Co Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$960k
Owner & transaction history
P & Co LLC · 4 yrs held
P & Co LLC
since 2022
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
CBD · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Zone name
Central Business District
General category
COMMERCIAL
Zone area
98.66 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$895,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $1.00M (Jan 1 2022)
Last sale anchor
$1.00M
Jan 1 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
$270 / 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
$3,255
Tax year 2023
Assessed value
$79,093
Assessed 2023
Previous assessed
$79,093
+0.0% YoY
Effective rate
4.12%
On assessed value
Assessed land
$16,840
Assessed improvement
$62,253
Land market value
$42,100
Improvement market value
$155,633
Total market value
$197,733
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Heating
YES
Cooling
YES
Total area
3,562 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CBD
APN
S28-072-000
UPID
US22-2416556
Jurisdiction
BULLOCH
Zoning & alternative use
CBD · Statesboro, GAZoning CBD · permitted uses
CBD · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Zone name
Central Business District
General category
COMMERCIAL
Zone area
98.66 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
P & Co LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 2701, STATESBORO, GA 30459-2701
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 1, 2022
$1,000,000
P & Co LLC
Cutlass Point LLC
Warranty Deed
—
Dec 30, 2008
—
Cutlass Point LLC
Not Provided
Deed
—
Nov 3, 2006
—
Cutlass Point LLC
Not Provided
Deed
—
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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