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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Auto shops
531 Ga Hwy 22nd E Gray, GA 31032-4409
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3782235
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1982
Construction
CONCRETE
Total area
4,800 SF
Lot
3.99 ac (173,804 SF)
Zoning code
4
APN
J39 00 090A
UPID
US22-3782235
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
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Michael F Williams · 5 yrs held
Michael F Williams
since 2021
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
4 · Gray, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$510,000
+22.3%
Commercial (general)
$480,000
+15.0%
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 Gray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gray 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
$695,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$510,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$480,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $750k (Mar 19 2021)
Last sale anchor
$750k
Mar 19 2021
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
$155 / 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
$1,537
Tax year 2023
Assessed value
$42,790
Assessed 2023
Previous assessed
$42,790
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$15,960
Assessed improvement
$26,830
Land market value
$39,900
Improvement market value
$67,075
Total market value
$106,975
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
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
5
Total area
4,800 SF
Lot
3.99 ac (173,804 SF)
Zoning code
4
APN
J39 00 090A
UPID
US22-3782235
Jurisdiction
JONES
Zoning & alternative use
4 · Gray, GAZoning 4 · permitted uses
4 · Gray, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
5
Lot
3.99 ac
Current owner
From public records · entity-resolved
Michael F Williams
Individual
Mailing address
1735 IRWINTON RD, MILLEDGEVILLE, GA 31061-3830
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
—
Michael F Williams
M Williams & Sons LLC
Warranty Deed
—
Oct 19, 2018
—
M William & Sons LLC
—
Trustees Deed
related
$26,448 · Exchange Bk
Dec 29, 2016
—
Michael F Williams
M Williams & Sons LLC
Quit Claim Deed
related
$294,275 · Exchange Bk
Apr 26, 2016
$305,100
Michael F Williams
Walker,dorothy W
Warranty Deed
$250,100 · Exchange Bk
Apr 26, 2016
$239,000
M Williams & Sons LLC
Walker,dorothy W
Warranty Deed
$294,375 · Exchange Bk
—
—
M Williams & Sons LLC
—
Loan Modification
related
$270,188 · Exchange Bk
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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