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Property profile & analytics
OFF-MARKET
Office Spaces
5 Lakeside Cir Covington, GA 30016-8845
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1905662
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Construction
WOOD
Total area
600 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
00120-00000-062-E00
UPID
US22-1905662
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Enclave At Gross Lake Homeowners As · 3 yrs held
Enclave At Gross Lake Homeowners As
since 2022
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
C1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
600 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
00120-00000-062-E00
UPID
US22-1905662
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GA
Zoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Enclave At Gross Lake Homeowners As
Individual
Mailing address
100 GROSSLAKE PKWY, COVINGTON, GA 30016-8860
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
$150,000
Enclave At Gross Lake Homeowners As
Atlas Of Reserves At Lakewood Estat
Warranty Deed
—
Jul 2, 2007
$120,000
Communities At Leakwood Legacy
Legacy Investment Grp LLC
Grant Deed
related
—
Jun 21, 2007
$148,200
Communities At Lakewood Legacy
Legacy Investment Grp LLC
Grant Deed
related
—
Mar 2, 2007
$320,000
Communities At Lakewood Legacy
Legacy Investment Grp LLC
Grant Deed
related
—
Oct 31, 2006
$118,227
Jamie L Crummey
Legacy Communities At Lake
Grant Deed
—
Oct 27, 2006
$136,741
Lillian Odoyo
Legacy Communities At Lake
Grant Deed
—
Oct 5, 2006
$169,200
Communities At Lakewood Legacy
Russell,stafford
Grant Deed
—
Sep 22, 2006
$129,990
Stafford Russell
Legacy Investment Group Ll
Grant Deed
$103,992 · Pine State Mortgage
Feb 10, 2006
$1,632,000
Legacy Investment Group LLC
Legacy Investment Group Ll
Grant Deed
related
—
—
—
Jamie L Crummey
—
Deed Of Trust
related
$118,227 · Pine State Mortgage
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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