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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Medical Office Space
611 Hospital Rd Commerce, GA 30529-1143
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-2112227
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Construction
WOOD
Total area
6,400 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C1
APN
C09 034
UPID
US22-2112227
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
-
Dr. Ling Li Pediatrician Physician
-
MedLink Commerce Community Health Centre
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Medlink Georgia INC · 3 yrs held
Medlink Georgia INC
since 2022
Last sale
$725,000
2 recorded transactions
Zoning & alternative use
C1 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+56.1%
Office building
$645,000
+31.1%
Restaurant
$630,000
+27.7%
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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
$690,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$490,000
Current use
COMMERCIAL (GENERAL)
$770,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$645,000
Change: +31% · Conversion: Easy
RESTAURANT
$630,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$595,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $725k (Aug 11 2022)
Last sale anchor
$725k
Aug 11 2022
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
$114 / 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
$8,574
Tax year 2023
Assessed value
$289,580
Assessed 2023
Previous assessed
$289,580
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$120,520
Assessed improvement
$169,060
Land market value
$301,300
Improvement market value
$422,650
Total market value
$723,950
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,400 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C1
APN
C09 034
UPID
US22-2112227
Jurisdiction
JACKSON
Zoning & alternative use
C1 · Commerce, GA
Zoning C1 · permitted uses
C1 · Commerce, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Commerce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$770,000
OFFICE BUILDING
Est. value
$645,000
RESTAURANT
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$595,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1969
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Medlink Georgia INC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 459, COLBERT, GA 30628-0459
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2022
$725,000
Medlink Georgia INC
Rhc Real Estate LLC
Warranty Deed
—
Mar 23, 2010
$6,250,000
Rhc Real Estate LLC
Banks Jackson Commerce Hos
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.
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