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Property profile & analytics
OFF-MARKET
Office Spaces
5177 Floyd NE St Covington, GA 30014-1574
Individually Owned
10-yr Hold
Free & Clear
Property ID
US22-0430873
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1952
Construction
FRAME
Total area
380 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R1
APN
C0090-00020-002-000
UPID
US22-0430873
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
Marci K Bennett · 10 yrs held
Marci K Bennett
since 2015
7 recorded transactions
Zoning & alternative use
R1 · 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
Tax billed
$1,096
Tax year 2023
Assessed value
$33,720
Assessed 2023
Previous assessed
$33,720
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$17,480
Assessed improvement
$16,240
Land market value
$43,700
Improvement market value
$40,600
Total market value
$84,300
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1952
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
380 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R1
APN
C0090-00020-002-000
UPID
US22-0430873
Jurisdiction
NEWTON
Zoning & alternative use
R1 · Covington, GA
Zoning R1 · permitted uses
R1 · 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
1952
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Marci K Bennett
Individual
Free & Clear · 10 yrs held
Mailing address
5177 FLOYD ST NE, COVINGTON, GA 30014-1574
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2015
—
Marci K Bennett
Kearns,bernard & Claudine
Quit Claim Deed
related
—
Feb 16, 2015
$50,000
Bernard Kearns
Mcclure,kelly B
Warranty Deed
—
Sep 22, 2010
—
Kelly B Mcclure
Mcclure,kelly B
Quit Claim Deed
related
$23,600 · Bank Of Madison
Feb 12, 2010
$25,000
Kelly B Brennan
Alcovy Investments LLC
Warranty Deed
—
Feb 9, 2010
$25,000
Kelly B Brennan
Alcovy Investments LLC
Grant Deed
—
Jun 28, 2007
$225,000
Hugh Little JR.
Alcovy Investments LLC
Grant Deed
$213,750 · Bnc Mortgage INC
Oct 4, 2006
$100,000
Alcovy Invest LLC
Ballard,thomas W
Warranty Deed
—
—
—
Kelly B Mcclure
—
Deed Of Trust
related
$23,600 · Bank Of Madison
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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