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Property profile & analytics
OFF-MARKET
Office buildings
511 Cobb St, Milledgeville, GA 31061-2687
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-2043745
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
16,686 SF
Lot
1.33 ac (57,935 SF)
Zoning code
RESIDENTIAL
APN
M39 090
UPID
US22-2043745
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
-
Dr. Rashmi Hooda, MD Physician
-
Cardiopulmonary Associates Medical Clinic
-
Georgia Primary Care Medical Clinic
-
Allure Brows and Beauty Studios Hair Salon Nail Salon
-
Survival Kit Of Phlebotomy Training LLC, Medical Certificate Service
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
Shaking Rock Capital LLC · 5 yrs held
Shaking Rock Capital LLC
since 2021
Last sale
$300,000
5 recorded transactions
Zoning & alternative use
RESIDENTIAL · Milledgeville, 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 Milledgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milledgeville 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
$4,276
Tax year 2023
Assessed value
$120,000
Assessed 2023
Previous assessed
$120,000
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$42,120
Assessed improvement
$77,880
Land market value
$105,300
Improvement market value
$194,700
Total market value
$300,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
CENTRAL
Buildings
2
Stories
1
Total area
16,686 SF
Lot
1.33 ac (57,935 SF)
Zoning code
RESIDENTIAL
APN
M39 090
UPID
US22-2043745
Jurisdiction
BALDWIN
Zoning & alternative use
RESIDENTIAL · Milledgeville, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Milledgeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milledgeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
CENTRAL
Stories
1
Buildings
2
Lot
1.33 ac
Current owner
From public records · entity-resolved
Shaking Rock Capital LLC
Entity
Mailing address
2500 W BROAD ST STE #408, ATHENS, GA 30606-3440
Ownership since
2021
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
Jul 20, 2023
—
Shaking Rock Capital LLC
—
Deed
related
$610,560 · Pinnacle Bank
Jun 2, 2022
—
Shaking Rock Capital LLC
—
Deed
related
$2,431,450 · Pinnacle Bank
Jan 10, 2022
—
Pbrei LLC
—
Deed
related
$10,000,000 · Vantage Bank Texas
May 19, 2021
$300,000
Shaking Rock Capital LLC
Shooda LLC
Warranty Deed
$385,000 · Pbrei
Dec 30, 2017
—
Shooda LLC
Sundershan K Hooda
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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