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Property profile & analytics
OFF-MARKET
Office Spaces
6142 Gordy NE St Covington, GA 30014-2632
Entity Owned
12-yr Hold
Property ID
US22-0995301
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1964
Construction
WOOD
Total area
1,640 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C1
APN
C0060-00040-012-000
UPID
US22-0995301
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Collection Rental Mgmt INC · 12 yrs held
Collection Rental Mgmt INC
since 2014
7 recorded transactions
Zoning & alternative use
C1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
$1,349
Tax year 2023
Assessed value
$41,520
Assessed 2023
Previous assessed
$41,520
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$8,800
Assessed improvement
$32,720
Land market value
$22,000
Improvement market value
$81,800
Total market value
$103,800
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
1964
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
7
Total area
1,640 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C1
APN
C0060-00040-012-000
UPID
US22-0995301
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GA
Zoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.3 ac
Current owner
From public records · entity-resolved
Collection Rental Mgmt INC
Entity
Mailing address
465 BIG WOODS RD, COVINGTON, GA 30014-5413
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
May 28, 2014
—
Collection Rental Mgmt INC
Herring,bobby
Quit Claim Deed
related
—
Apr 17, 2013
—
Bobby Herring
Herring,greg & Bobby
Quit Claim Deed
related
—
Apr 16, 2013
—
Bobby Herring
Herring,greg
Quit Claim Deed
related
—
Apr 25, 2008
—
B Invest
Darnel Quick Recovery INC
Quit Claim Deed
related
—
Apr 22, 2008
—
Greg Herring
Darnel Quick Recovery INC
Grant Deed
related
—
—
—
Greg Herring
—
Deed Of Trust
related
$60,866 · Pinnacle Bank
—
—
Greg T Herring
—
Deed Of Trust
related
$100,387 · Pinnacle Bank
—
—
Greg Herring
—
Deed Of Trust
related
$60,866 · Pinnacle Bank
—
—
Greg T Herring
—
Deed Of Trust
related
$100,388 · Pinnacle Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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