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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office Spaces
640 2nd St Macon, GA 31201-2815
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2100150
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1956
Total area
1,880 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CBD-2
APN
Q082-0021
UPID
US22-2100150
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
-
Elite Flooring Contractors Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Vinselor Properties LLC · 4 yrs held
Vinselor Properties LLC
since 2022
Last sale
$975,000
4 recorded transactions
Zoning & alternative use
CBD-2 · Macon, 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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$875,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $975k (Feb 25 2022)
Last sale anchor
$975k
Feb 25 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
$492 / 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
$17,237
Tax year 2023
Assessed value
$497,880
Assessed 2023
Previous assessed
$497,880
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$276,080
Assessed improvement
$221,800
Land market value
$690,200
Improvement market value
$554,501
Total market value
$1,244,701
Applied tax rate
17.0000
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
1956
Heating
NONE
Buildings
4
Stories
1
Total area
1,880 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CBD-2
APN
Q082-0021
UPID
US22-2100150
Jurisdiction
BIBB
Zoning & alternative use
CBD-2 · Macon, GA
Zoning CBD-2 · permitted uses
CBD-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Buildings
4
Lot
1.13 ac
Current owner
From public records · entity-resolved
Vinselor Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
786 BOWEN HL RD, HADDOCK, GA 31033-2420
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
$975,000
Vinselor Properties LLC
Bibb Holding Company LLC
Limited Warranty Deed
—
Dec 17, 2010
$975,000
Bibb Holding Co LLC
Southern,floor Toppings In
Grant Deed
—
Dec 27, 2007
$921,000
Southern Floor Toppings INC
Toombs Land Co LLC
Warranty Deed
$680,000 · Atlantic Southern Bank
—
—
Toombs Land Co LLC
—
Deed Of Trust
related
$571,167 · Atlantic Southern 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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