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Property profile & analytics
OFF-MARKET
Medical Office Space
653 Will St, Griffin, GA 30224-4236
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1045843
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
WOOD
Total area
1,200 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PCD
APN
026 -08-001
UPID
US22-1045843
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
-
Connect Hearing Audiologist Hearing Aid Store
-
Debra Smith Physician
-
Luther Versteeg 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
Cardinal Grp LLC · 4 yrs held
Cardinal Grp LLC
since 2021
6 recorded transactions
Zoning & alternative use
PCD · Griffin, 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$2,195
Tax year 2023
Assessed value
$56,880
Assessed 2023
Previous assessed
$56,880
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$32,061
Assessed improvement
$24,819
Land market value
$80,152
Improvement market value
$62,047
Total market value
$142,199
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
YES
Cooling
YES
Total area
1,200 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PCD
APN
026 -08-001
UPID
US22-1045843
Jurisdiction
SPALDING
Zoning & alternative use
PCD · Griffin, GA
Zoning PCD · permitted uses
PCD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
0.46 ac
Current owner
From public records · entity-resolved
Cardinal Grp LLC
Entity
Mailing address
PO BOX 191401, ATLANTA, GA 31119-1401
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
Cardinal Grp LLC
City Of Griffin
Warranty Deed
—
Sep 23, 2019
—
Cardinal Grp LLC
—
Deed
related
$625,846 · United Bk
Nov 16, 2017
—
Cardinal Grp LLC
—
Deed
related
$108,915 · United Bank
Mar 17, 2006
—
Cardinal Grp LLC
Newton,will Hill JR
Grant Deed
related
—
—
—
Cardinal Grp LLC
—
Loan Modification
related
$625,846 · United Bk
—
—
Cardinal Group LLC
—
Deed Of Trust
related
$155,408 · United 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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