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Property profile & analytics
OFF-MARKET
Office buildings
623 Main St Ellijay, GA 30540-3200
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3453594
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
1,524 SF
Lot
0.26 ac (11,326 SF)
Zoning code
GC
APN
1066 022
UPID
US22-3453594
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
-
Titus Electric and Lighting llc Electrical Service General Contractor
-
Real Advantage Title Pawn Title Company
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
W A Hoyle LLC · 17 yrs held
W A Hoyle LLC
since 2008
3 recorded transactions
Zoning & alternative use
GC · Ellijay, 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 Ellijay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellijay 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
$1,048
Tax year 2023
Assessed value
$57,640
Assessed 2023
Previous assessed
$58,760
-1.9% YoY
Effective rate
1.82%
On assessed value
Assessed land
$22,000
Assessed improvement
$35,640
Land market value
$55,000
Improvement market value
$89,100
Total market value
$144,100
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
1975
Heating
HEAT PUMP
Total area
1,524 SF
Lot
0.26 ac (11,326 SF)
Zoning code
GC
APN
1066 022
UPID
US22-3453594
Jurisdiction
GILMER
Zoning & alternative use
GC · Ellijay, GA
Zoning GC · permitted uses
GC · Ellijay, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellijay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
HEAT PUMP
Lot
0.26 ac
Current owner
From public records · entity-resolved
W A Hoyle LLC
Entity
Free & Clear · 17 yrs held
Mailing address
740 S MAIN ST, ELLIJAY, GA 30540-3604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2008
$120,000
W A Hoyle LLC
Cadence Bank N A
Deed
—
May 6, 2008
—
Cadence Bank N A
James H Ellington III
Deed
—
May 26, 2005
$146,616
James H Ellington III
Larry Clark
Deed
$152,419 · Seasons 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.
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