Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Commercial real estate
60 Cloister Pl Sea Island, GA 31561
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2420460
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
23.19 ac (1,010,156 SF)
Zoning code
PD
APN
05-00462
UPID
US22-2420460
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
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Osborne & Zimmerman LLC · 13 yrs held
Osborne & Zimmerman LLC
since 2013
7 recorded transactions
Zoning & alternative use
PD · Sea Island, 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 Sea Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sea Island 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$426,518
Tax year 2024
Assessed value
$17,600,000
Assessed 2024
Previous assessed
$17,693,720
-0.5% YoY
Effective rate
2.42%
On assessed value
Assessed improvement
$17,600,000
Improvement market value
$44,000,000
Total market value
$44,000,000
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
23.19 ac (1,010,156 SF)
Zoning code
PD
APN
05-00462
UPID
US22-2420460
Jurisdiction
GLYNN
Zoning & alternative use
PD · Sea Island, GA
Zoning PD · permitted uses
PD · Sea Island, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sea Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
23.19 ac
Current owner
From public records · entity-resolved
Osborne & Zimmerman LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2487 DEMERE RD STE #400, ST SIMONS ISLAND, GA 31522-5643
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
69 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2013
$313,740
Osborne & Zimmerman LLC
Sea Island Acquisition LLC
Grant Deed
—
Dec 14, 2012
—
Cottage 178 LLC
Perry,family Partnership
Grant Deed
related
—
Aug 9, 2011
$593,122
Elizabeth M Allen
Sea Island Acquisition LLC
Grant Deed
—
Feb 7, 2011
$190,000
Thomas F Halloran
Sea Island Acquisition LLC
Warranty Deed
—
Dec 16, 2010
—
Sewers &e Wells LLC
Sea Island Co
Grant Deed
—
Dec 16, 2010
$3,080,300
Head,andrew M
Beach Club Ocean Residences Ll
Grant Deed
$2,500,000 · Coastal Bank Ga
Dec 15, 2010
—
Sea Island Acquisition LLC
Sea Island Co
Quit Claim Deed
related
—
Dec 15, 2010
$162,468,256
Sea Island Acquisition LLC
Sea Island Co
Grant Deed
related
—
Dec 15, 2010
$1,184
Sewers And Wells LLC
Sea Island Co
Grant Deed
related
—
Jul 9, 2010
$184,412
John P George
Sea Island Co
Grant Deed
—
May 28, 2010
$287,400
Atlas Ga I Spe LLC
Sea Island Co
Warranty Deed
—
May 3, 2010
$2,480,609
Jio Investments LLC
Sea Island Co
Grant Deed
—
Apr 30, 2010
—
Island Resort Tracts Owner Sea
Sea Island Co
Quit Claim Deed
related
—
Feb 26, 2010
—
Patricia M Cuthbert
Sea Island Co
Quit Claim Deed
—
Feb 9, 2010
—
Patricia M Cuthbert
Sea Island Co
Grant Deed
related
—
Jan 29, 2010
$3,990,866
Christon LLC
Beach,club Ocean Residence
Grant Deed
—
Dec 29, 2009
$3,387,179
John W Wallace JR
Sea Island Company
Deed
—
Nov 3, 2009
$2,354,900
Sea Island Co
Beach Club Ocean Residl LLC
Grant Deed
—
Nov 3, 2009
—
Bggrky LLC
—
Trustees Deed
related
$1,420,423 · Heritage Bank
Oct 27, 2009
$3,069,300
Sea Island Co
Beach Club Ocean Residences
Grant Deed
$1,855,000 · Coastal Bank Ga
Oct 22, 2009
$2,715,200
Low Country Management LLC
Beach Club Ocean Residences Ll
Grant Deed
—
Sep 17, 2009
$6,027,600
Sea Island Co
Ocean Club North Residences Ll
Grant Deed
—
Sep 16, 2009
$2,738,000
Si Ventures LLC
Beach Club Ocean Residences L
Grant Deed
$2,469,073 · United Community Bank
Sep 15, 2009
$2,562,700
John R Westmoreland
Beach Club Ocean Residences Ll
Grant Deed
$2,023,168 · Heritage Bank
Sep 15, 2009
$5,114,300
Sea Island Co
Beach Club Ocean Residences Ll
Grant Deed
—
Sep 10, 2009
$2,984,400
Sea Island Co
Beach Club Ocean Residences
Grant Deed
—
Sep 9, 2009
$213,300
Gtb Lot 187 LLC
Sea Island
Warranty Deed
—
Sep 4, 2009
$4,125,100
Wjs Family LLC
Beach Club Ocean Residences L
Grant Deed
—
Sep 1, 2009
$5,647,300
Sea Island Co
Ocean Club Residences LLC
Grant Deed
—
Aug 26, 2009
$2,705,500
Edward H Schmitt JR.
Beach Club Ocean Residences L
Grant Deed
—
Aug 25, 2009
$3,393,200
Sea Island Co
Beach Club Ocean Residences
Grant Deed
—
Aug 21, 2009
$76,200
William H Riddle JR.
Sea Island
Warranty Deed
—
Aug 21, 2009
$223,400
Michael D Shea
Sea Island
Warranty Deed
—
Aug 19, 2009
$3,084,000
James H Steele JR.
Beach Club Ocean Residences L
Grant Deed
—
Aug 19, 2009
$657,700
Rosemary W C Eschenbrenner
Sea Island
Warranty Deed
—
Aug 11, 2009
$4,969,000
Mcdowell Properties LLC
Beach Club Ocean Residences Ll
Grant Deed
—
Aug 11, 2009
$4,893,500
Jaup LLC
Beach Club Ocean Residences Ll
Grant Deed
—
Aug 11, 2009
$5,905,400
H25a LLC
Beach Club Ocean Residences Ll
Grant Deed
—
Aug 11, 2009
$5,949,900
Sea Island Co
Beach Club Ocean Residences Ll
Grant Deed
—
Jul 28, 2009
$145,400
Robert W Fisher
Sea Island
Warranty Deed
—
Jul 24, 2009
$209,300
Carol M Kellett
Sea Island
Warranty Deed
—
Jul 17, 2009
$488,200
John C Portman JR.
Sea Island
Warranty Deed
—
Jul 17, 2009
$395,400
Barbara L Portman
Sea Island
Warranty Deed
—
Jul 16, 2009
—
John L Simms II
Sea Island
Warranty Deed
—
Jul 2, 2009
$129,900
Suntrust Bank Tr
Sea Island
Warranty Deed
—
Jul 1, 2009
$207,800
Thomas H Mccook
Sea Island
Warranty Deed
—
Jun 25, 2009
$199,200
Perry Family Ptshp
Sea Island
Warranty Deed
—
Jun 24, 2009
$256,400
Gayle E Kennedy
Sea Island
Warranty Deed
—
Jun 24, 2009
$106,900
Still Family Partners
Sea Island
Warranty Deed
—
Jun 19, 2009
$78,200
Mary R Lockett
Sea Island
Warranty Deed
—
Jun 15, 2009
$161,800
L Neil Conrad JR.
Sea Island
Warranty Deed
—
Jun 15, 2009
—
Catherine T Jackson
Sea Island
Quit Claim Deed
—
Jun 3, 2009
$646,900
Maloley,alfred Living Trust
Sea Island
Warranty Deed
—
May 15, 2009
$500,000
Richard W Vieser
Sea Island
Warranty Deed
—
May 13, 2009
$72,100
Laura H Richards
Sea Island
Warranty Deed
—
May 13, 2009
$186,100
Garvin,thelma V Trust
Sea Island
Warranty Deed
—
May 13, 2009
—
Lee W Richards
Sea Island
Quit Claim Deed
—
May 7, 2009
$279,200
Sybil C Ralston
Sea Island
Warranty Deed
—
May 7, 2009
$6,100
Bessemer Trust Co NA Tr
Sea Island
Warranty Deed
—
May 7, 2009
$206,800
W Michael Ogie
Sea Island
Warranty Deed
—
May 7, 2009
$43,100
Thomas L Gossage
Sea Island
Warranty Deed
—
May 7, 2009
$174,700
Susan C Wainright
Sea Island
Warranty Deed
—
Apr 7, 2009
$150,000
John J Powers
Sea Island
Warranty Deed
—
Feb 20, 2009
$249,800
Castellini Management Co
Sea Island
Warranty Deed
—
Feb 5, 2009
$178,600
Georgetex Ltd
Sea Island
Warranty Deed
—
Jan 22, 2009
$586,300
William J Stembler
Sea Island
Warranty Deed
—
Dec 31, 2008
$470,600
Nancy G Simms
Sea Island
Warranty Deed
—
Dec 31, 2008
$514,500
Dunn,ellen S Irrevocable Trust
Sea Island
Warranty Deed
—
Jan 22, 2008
$130,000
Michael D Shea
Sea Island
Grant 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?”
You own 60 Cloister Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
