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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail space
58 Main St Statesboro, GA 30458-2812
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0572354
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
13,640 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CBD
APN
S28-058-000
UPID
US22-0572354
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
-
UGA Small Business Development Center at Georgia Southern University Consultant Business Management Consultant
-
GENIE-Georgia's Enterprise Network for Innovation & Entrepreneurship Business Service Center
-
Veterans Business Outreach Center (VBOC) Business Service Center
-
Georgia Southern Business Innovation Group (BIG) Business Service Center
-
Institute for Health Logistics & Analytics (IHLA) Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$581k
Blend (final)
Blend
$570k
Owner & transaction history
Mayor & City Council Of City & Stat · 12 yrs held
Mayor & City Council Of City & Stat
since 2013
7 recorded transactions
Zoning & alternative use
CBD · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Zone name
Central Business District
General category
COMMERCIAL
Zone area
98.66 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$42 / 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
Assessed value
$132,446
Assessed 2023
Previous assessed
$132,446
+0.0% YoY
Assessed land
$21,960
Assessed improvement
$110,486
Land market value
$54,900
Improvement market value
$276,214
Total market value
$331,114
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
HEAT PUMP
Cooling
YES
Total area
13,640 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CBD
APN
S28-058-000
UPID
US22-0572354
Jurisdiction
BULLOCH
Zoning & alternative use
CBD · Statesboro, GAZoning CBD · permitted uses
CBD · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Zone name
Central Business District
General category
COMMERCIAL
Zone area
98.66 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
HEAT PUMP
Cooling
Yes
Lot
0.22 ac
Current owner
From public records · entity-resolved
Mayor & City Council Of City & Stat
Entity
Free & Clear · 12 yrs held
Mailing address
50 E MAIN ST, STATESBORO, GA 30458-4844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2013
—
Mayor & City Council Of City & Stat
Downtown Statesboro Dev Author
Quit Claim Deed
related
—
Dec 30, 2013
$375,000
Mayor & City Council Of City & Stat
Downtown Statesboro Dev Author
Warranty Deed
—
Dec 18, 2012
—
City Of Statesboro
Downtown Statesboro Dev Author
Quit Claim Deed
related
—
Apr 1, 2010
$850,000
Downtown Statesboro Developmen
Burnsed,noel
Grant Deed
—
Mar 11, 2010
—
Noel A Burnsed
—
Trustees Deed
related
$75,000 · Rodney N SR & Sandra T Burnsed
Jun 20, 2008
—
Downtown Statesboro Developmen
Not Provided
Deed
—
—
—
Statesboro Dev Author Downtown
—
Deed Of Trust
related
$335,177 · Heritage Bank Of The South
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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