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Property profile & analytics
OFF-MARKET
Medical Office Space
650 Oglethorpe Ave Athens, GA 30606-2216
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1492277
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
1,500 SF
Lot
0.03 ac (1,307 SF)
Zoning code
C-O
APN
11-3- -055
UPID
US22-1492277
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
-
Parker Property and Appraisals Real Estate Agency
-
Healthcare Property Appraisers of America Real Estate Agency
-
Allied Ankle & Foot Care Center Medical Clinic
-
Premium Barber shop Barber Shop
-
Athens Eye Consultants Physician
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
James W Parker III · 11 yrs held
James W Parker III
since 2015
4 recorded transactions
Zoning & alternative use
C-O · Athens, 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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$1,951
Tax year 2023
Assessed value
$62,445
Assessed 2023
Previous assessed
$62,445
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$12,000
Assessed improvement
$50,445
Land market value
$30,000
Improvement market value
$126,113
Total market value
$156,113
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
1985
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,500 SF
Lot
0.03 ac (1,307 SF)
Zoning code
C-O
APN
11-3- -055
UPID
US22-1492277
Jurisdiction
CLARKE
Zoning & alternative use
C-O · Athens, GA
Zoning C-O · permitted uses
C-O · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
0.03 ac
Current owner
From public records · entity-resolved
James W Parker III
Individual
Mailing address
480 HIGHLAND AVE, ATHENS, GA 30606-4316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jul 3, 2015
—
James W Parker III
Parker,margaret F
Quit Claim Deed
related
$340,000 · National Bk/ga
Dec 20, 2012
$140,000
J William Parker
Scl Properties LLC
Warranty Deed
—
—
—
Scl Properties LLC
—
Deed Of Trust
related
$109,691 · Suntrust Bank NA
—
—
Linda L Blanchard
—
Deed Of Trust
related
$50,000 · National Bank Ga
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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