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Property profile & analytics
FOR SALE
Office buildings
620 Sigman Rd NE Conyers, GA 30013
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1193892
For Sale
1 / 24
$925,000
620 Sigman Rd NE, Conyers, GA 30013
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
STEEL FRAME
Total area
8,756 SF
Lot
1.08 ac (47,045 SF)
Zoning code
HSB
APN
071-0-01-008E
UPID
US22-1193892
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
-
Chariot Medical Transport Ambulance Service
-
plush studios 620 (Bike/Boat/Book/etc) Store Photography Service
-
House Of Glam Couture Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$870k
Owner & transaction history
Melanie Barnett Investments LLC · 3 yrs held
Melanie Barnett Investments LLC
since 2023
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
HSB · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+34.2%
Auto repair, garage
$1.1M
+4.4%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$890,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,040,000
Current use
RETAIL STORES
$1,400,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,090,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$855,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $850k (Mar 23 2023)
Last sale anchor
$850k
Mar 23 2023
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
$99 / 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
$16,758
Tax year 2023
Assessed value
$300,628
Assessed 2023
Previous assessed
$300,628
+0.0% YoY
Effective rate
5.57%
On assessed value
Assessed land
$60,200
Assessed improvement
$240,428
Land market value
$150,500
Improvement market value
$601,070
Total market value
$751,570
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 buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2001
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
EVAPORATIVE
Stories
1
Total area
8,756 SF
Lot
1.08 ac (47,045 SF)
Zoning code
HSB
APN
071-0-01-008E
UPID
US22-1193892
Jurisdiction
ROCKDALE
Zoning & alternative use
HSB · Conyers, GA
Zoning HSB · permitted uses
HSB · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$855,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2001
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Melanie Barnett Investments LLC
Entity
Mailing address
2151 EATONTON RD STE F1, MADISON, GA 30650-5086
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2023
$850,000
Melanie Barnett Investments LLC
C&t Investment Properties LLC
Warranty Deed
—
Jul 10, 2013
—
C & T Investment Props LLC
Spann,connie A
Quit Claim Deed
related
$395,000 · Fidelity Bank NA
—
—
Anthony T Spann
—
Deed Of Trust
related
$150,000 · Regions Bank
—
—
C & T Investment Properties LLC
—
Deed Of Trust
related
—
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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