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Property profile & analytics
OFF-MARKET
Office Spaces
604 15th Ave Cordele, GA 31015-1439
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2291954
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1925
Construction
FRAME
Total area
2,736 SF
Lot
0.37 ac (16,117 SF)
Zoning code
RESIDENTIAL
APN
C18-070
UPID
US22-2291954
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
-
Dental Partners of Cordele Dental Office
-
Dr. Justin Mcgovern, DMD Dental Office
-
Dr. Willie R. Bennett, DDS Dental Office
-
Rainwater Helen E DDS Dental Office
-
Hughes Candy Dental Office
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
604 15th Avenue East LLC · 2 yrs held
604 15th Avenue East LLC
since 2024
7 recorded transactions
Zoning & alternative use
RESIDENTIAL · Cordele, 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 Cordele submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordele 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
$2,646
Tax year 2023
Assessed value
$70,579
Assessed 2023
Previous assessed
$70,579
+0.0% YoY
Effective rate
3.75%
On assessed value
Assessed land
$12,288
Assessed improvement
$58,291
Land market value
$30,720
Improvement market value
$145,727
Total market value
$176,447
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
1925
Construction
FRAME
Heating
CENTRAL
Rooms
6
Bathrooms
2
Total area
2,736 SF
Lot
0.37 ac (16,117 SF)
Zoning code
RESIDENTIAL
APN
C18-070
UPID
US22-2291954
Jurisdiction
CRISP
Zoning & alternative use
RESIDENTIAL · Cordele, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Cordele, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordele. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
CENTRAL
Rooms
6
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
604 15th Avenue East LLC
Entity
Mailing address
604 E 15TH AVE, CORDELE, GA 31015-1439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
604 15th Avenue East LLC
Jlm & Mk Holdings LLC
Warranty Deed
$25,000,000 · Db 360 Asset Holdings
Feb 29, 2024
—
Jlm & Mk Holdings LLC
Jay A Williams
Quit Claim Deed
related
—
Feb 13, 2024
$400,000
Jay A Williams
Lancaster International LLC
Limited Warranty Deed
—
Nov 7, 2022
—
Lancaster International LLC
—
Deed
related
$80,000 · Ameris Bank
Mar 11, 2019
$175,000
Lancaster International LLC
Cordele Dental Associates LLC
Warranty Deed
$182,176 · Ameris Bank
Sep 26, 2017
—
Cordele Dental Associates LLC
—
Deed
related
$75,000 · Affinity Bank
Aug 29, 2011
—
Americus Dental Associates LLC
Cordele Dental Associates LLC
Deed
—
Jul 6, 2011
—
Cordele Dental Associates LLC
Michael E Pruett
Quit Claim Deed
related
—
Aug 1, 2008
$130,000
Michael E Pruett
Willie R Bennett
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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