Back to Search
Property profile & analytics
FOR LEASE
Office buildings
51 Broad St Ellijay, GA 30540
Entity Owned
11-yr Hold
Free & Clear
Property ID
US22-2878523
For Lease
1 / 24
$2,500/Mo
51 Broad St, Ellijay, GA 30540
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
2,828 SF
Lot
0.53 ac (23,087 SF)
Zoning code
O/RC
APN
10122 053
UPID
US22-2878523
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
-
Chatham & Rea Law Firm
-
Hensley CPA LLC Accounting Firm Tax Preparation
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
Tigerco Investment Corp · 11 yrs held
Tigerco Investment Corp
since 2015
6 recorded transactions
Zoning & alternative use
O/RC · Ellijay, 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 Ellijay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellijay 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
$2,185
Tax year 2023
Assessed value
$120,200
Assessed 2023
Previous assessed
$120,200
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$45,200
Assessed improvement
$75,000
Land market value
$113,000
Improvement market value
$187,500
Total market value
$300,500
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
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
For Lease
Year built
1940
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
2,828 SF
Lot
0.53 ac (23,087 SF)
Zoning code
O/RC
APN
10122 053
UPID
US22-2878523
Jurisdiction
GILMER
Zoning & alternative use
O/RC · Ellijay, GA
Zoning O/RC · permitted uses
O/RC · Ellijay, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellijay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.53 ac
Current owner
From public records · entity-resolved
Tigerco Investment Corp
Entity
Free & Clear · 11 yrs held
Mailing address
320 COUNTY RD 730, RICEVILLE, TN 37370-5726
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2016
—
Tigerco Investment Corp
—
Deed
related
$175,000 · Branch Banking And Trust Co
May 14, 2015
$215,000
Tigerco Investment Corp
Terry A Gronholm
Warranty Deed
—
Feb 13, 2013
—
Terry A Gronholm
Harold Anne Gronholm F
Warranty Deed
—
Feb 12, 2013
—
Harold Anne Gronholm T
Harold August Gronholm
Warranty Deed
—
Mar 14, 2005
—
Robert M Ray
United Community Bank
Deed
—
Mar 10, 2005
$390,000
Harold A Gronholm
Robert M Ray
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
