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Property profile & analytics
OFF-MARKET
Estimated value
$8,000,000
Office buildings
61 Packinghouse Rd Statesboro, GA 30458-4192
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2691608
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
STEEL FRAME
Total area
852 SF
Lot
4.28 ac (186,437 SF)
Zoning code
R4/LI
APN
S48-004-000
UPID
US22-2691608
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
-
Northside Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Western Charm Georgia LLC · 2 yrs held
Western Charm Georgia LLC
since 2024
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
R4/LI · Statesboro, 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 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
$8,000,000
ML approach
$8,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.00M
Range $7.20M – $8.80M · ±10% · vs last sale $8.00M (Jun 24 2024)
Last sale anchor
$8.00M
Jun 24 2024
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
$9,390 / 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
$39,378
Tax year 2023
Assessed value
$1,063,120
Assessed 2023
Previous assessed
$1,063,120
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$59,320
Assessed improvement
$1,003,800
Land market value
$148,300
Improvement market value
$2,509,501
Total market value
$2,657,801
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
4
Total area
852 SF
Lot
4.28 ac (186,437 SF)
Zoning code
R4/LI
APN
S48-004-000
UPID
US22-2691608
Jurisdiction
BULLOCH
Zoning & alternative use
R4/LI · Statesboro, GA
Zoning R4/LI · permitted uses
R4/LI · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
4
Lot
4.28 ac
Current owner
From public records · entity-resolved
Western Charm Georgia LLC
Entity
Mailing address
61 PACKINGHOUSE RD, STATESBORO, GA 30458-4192
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$8,000,000
Western Charm Georgia LLC
Statesboro Apartment Investment Gro
Warranty Deed
—
Jan 26, 2024
—
Statesboro Apartment Investment Gro
Maverick Trails Apartments LLC
Warranty Deed
$4,075,000 · Lima 1 Capital
Nov 26, 2018
—
Maverick Trails Apartments LLC
Atlantic S Bk
Quit Claim Deed
related
$1,800,000 · Branch Bk&tr
May 26, 2017
—
Maverick Trails Apartments LLC
—
Deed
related
$543,466 · Atlantic S Bk
Jul 8, 2016
—
Maverick Trails Apartments LLC
—
Deed
related
$1,150,000 · Atlantic S Bk
Jan 12, 2016
$444,100
Maverick Trails Apartments LLC
Northside Apartments Ltd
Warranty Deed
$420,000 · Atlantic S Bk
—
—
Maverick Trails Apartments LLC
—
Loan Modification
related
$1,150,000 · Atlantic S Bk
—
—
Maverick Trails Apartments LLC
—
Deed Of Trust
related
$543,466 · Atlantic S 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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