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Property profile & analytics
OFF-MARKET
Commercial land
508 Old Macon Rd Byron, GA 31008-3047
Individually Owned
6-yr Hold
Free & Clear
Property ID
US22-3810687
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.21 ac (9,148 SF)
Zoning code
C-1
APN
055D 123
UPID
US22-3810687
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
Jennifer P Ray · 6 yrs held
Jennifer P Ray
since 2019
1 recorded transaction
Zoning & alternative use
C-1 · Byron, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for this commercial use and establishes regulations that control its effect on the entire community yet permit its future growth, Uses permitted within this district shall include highway oriented retail commercial establishments as well as personal and professional services, The intent of this district shall be to provide a commercial…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
301.83 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 Byron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Byron 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
Tax billed
$549
Tax year 2023
Assessed value
$15,280
Assessed 2023
Previous assessed
$15,280
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$15,280
Land market value
$38,200
Total market value
$38,200
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Lot
0.21 ac (9,148 SF)
Zoning code
C-1
APN
055D 123
UPID
US22-3810687
Jurisdiction
PEACH
Zoning & alternative use
C-1 · Byron, GAZoning C-1 · permitted uses
C-1 · Byron, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for this commercial use and establishes regulations that control its effect on the entire community yet permit its future growth, Uses permitted within this district shall include highway oriented retail commercial establishments as well as personal and professional services, The intent of this district shall be to provide a commercial district designed to serve the community at large consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers, as well as serving the motoring public
Zone name
General Commercial
General category
COMMERCIAL
Zone area
301.83 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.21 ac
Current owner
From public records · entity-resolved
Jennifer P Ray
Individual
Free & Clear · 6 yrs held
Mailing address
261 RAY RD, FORT VALLEY, GA 31030-5103
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2019
—
Jennifer P Ray
Ray Robert F Estate
Warranty 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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