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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Commercial real estate
500 King Ave Kingsland, GA 31548-3224
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-2464908
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Construction
STEEL FRAME
Total area
13,492 SF
Lot
1.21 ac (52,708 SF)
Zoning code
C-2
APN
K13 01 007
UPID
US22-2464908
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
-
FedEx OnSite Postal Service Courier Service
-
World class boxing youth fitness program Child Welfare Organization Charitable Organization
-
S&d Refrigeratinon And Appliance's Service Llc Home Appliance Store Hardware & Home Improvement
-
Dollar General Discount Store
-
Blackjack Asphalt Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$750k
Owner & transaction history
Vikram B Patel · 2 yrs held
Vikram B Patel
since 2024
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
C-2 · Kingsland, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide uses are restricted to those which are designed to serve the automobile, its passengers and highway users and to provide community shopping facilities consisting of a wide variety of sales and service facilities
Zone name
Commercial District
General category
COMMERCIAL
Zone area
870.82 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 Kingsland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsland 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jun 4 2024)
Last sale anchor
$750k
Jun 4 2024
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
$56 / 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
$9,989
Tax year 2023
Assessed value
$278,548
Assessed 2023
Previous assessed
$278,548
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$33,680
Assessed improvement
$244,868
Land market value
$84,200
Improvement market value
$612,169
Total market value
$696,369
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
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
13,492 SF
Lot
1.21 ac (52,708 SF)
Zoning code
C-2
APN
K13 01 007
UPID
US22-2464908
Jurisdiction
CAMDEN
Zoning & alternative use
C-2 · Kingsland, GAZoning C-2 · permitted uses
C-2 · Kingsland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide uses are restricted to those which are designed to serve the automobile, its passengers and highway users and to provide community shopping facilities consisting of a wide variety of sales and service facilities
Zone name
Commercial District
General category
COMMERCIAL
Zone area
870.82 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
1.21 ac
Current owner
From public records · entity-resolved
Vikram B Patel
Individual
Free & Clear · 2 yrs held
Mailing address
500 W KING AVE, KINGSLAND, GA 31548-3224
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$750,000
Vikram B Patel
Djrm Lim Family Trust
Warranty Deed
—
Feb 19, 2015
$162,500
Djrm,lim Family Trust
Investments Of Charles/savannah L
Grant Deed
—
Jul 26, 2011
—
Investments Of Charles & Savannah L
Trans-world Properties LLC
Quit Claim Deed
related
$1,395,534 · Branch Banking & Trust Co
Jul 25, 2011
—
Investments By Charles Of Sava
Trans World Properties LLC
Grant Deed
related
—
—
—
Cws Savannah LLC
—
Loan Modification
related
$1,075,000 · Branch Banking & Trust Co
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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