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Property profile & analytics
OFF-MARKET
Office buildings
66 Packinghouse Rd Statesboro, GA 30458-4166
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-2269360
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
STEEL FRAME
Total area
1,036 SF
Lot
11.7 ac (509,652 SF)
Zoning code
R4
APN
MS69 -009-000
UPID
US22-2269360
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
-
Pinewood Manor Apartments Apartment Building
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
Foxridge Apts Georgia LLC · 7 yrs held
Foxridge Apts Georgia LLC
since 2018
2 recorded transactions
Zoning & alternative use
R4 · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of establishing high density residential districts is to encourage the logical and timely development of land for apartment and other high density residential purposes
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
1,283.00 ac
Source
Realmo
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$48,084
Tax year 2023
Assessed value
$991,647
Assessed 2023
Previous assessed
$991,647
+0.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$122,240
Assessed improvement
$869,407
Land market value
$305,600
Improvement market value
$2,173,517
Total market value
$2,479,117
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
1977
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
4
Total area
1,036 SF
Lot
11.7 ac (509,652 SF)
Zoning code
R4
APN
MS69 -009-000
UPID
US22-2269360
Jurisdiction
BULLOCH
Zoning & alternative use
R4 · Statesboro, GAZoning R4 · permitted uses
R4 · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of establishing high density residential districts is to encourage the logical and timely development of land for apartment and other high density residential purposes
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
1,283.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
4
Lot
11.7 ac
Current owner
From public records · entity-resolved
Foxridge Apts Georgia LLC
Entity
Mailing address
SPRING, VALLEY, NY 10977
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2018
$4,000,000
Foxridge Apts Georgia LLC
Fox Ridge Apartments Ltd
Warranty Deed
$3,869,000 · Wells Fargo Bk
—
—
Fox,ridge Apartments Ltd
—
Deed Of Trust
related
$2,253,800 · Greystone Funding
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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