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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Medical Office Space
674 Lk Joy Rd Kathleen, GA 31047-2113
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-3006177
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2017
Construction
WOOD
Total area
4,209 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C2
APN
0W1030 015000
UPID
US22-3006177
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
-
Lake Joy Dental Care Dental Office
-
Stacie M. Bentley, DMD Dental Office
-
Dr. Stacie Knight Medical Clinic
-
Christa L. Tran, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$540k
Owner & transaction history
Prd Owner LLC · 3 yrs held
Prd Owner LLC
since 2023
7 recorded transactions
Zoning & alternative use
C2 · Kathleen, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+34.9%
Neighborhood: shopping center
$580,000
+22.6%
Commercial (general)
$480,000
+1.6%
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 Kathleen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kathleen 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$475,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$480,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$475,000
Change: +1% · Conversion: Easy
RETAIL STORES
$455,000
Change: -4% · Conversion: Difficult
WAREHOUSE, STORAGE
$435,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$128 / 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
$12,778
Tax year 2023
Assessed value
$387,520
Assessed 2023
Previous assessed
$387,520
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$217,440
Assessed improvement
$170,080
Land market value
$543,600
Improvement market value
$425,200
Total market value
$968,800
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2017
Construction
WOOD
Heating
NONE
Total area
4,209 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C2
APN
0W1030 015000
UPID
US22-3006177
Jurisdiction
HOUSTON
Zoning & alternative use
C2 · Kathleen, GAZoning C2 · permitted uses
C2 · Kathleen, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING
Est. value
$475,000
RETAIL STORES
Est. value
$455,000
WAREHOUSE, STORAGE
Est. value
$435,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
WOOD
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Prd Owner LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
Prd Owner LLC
Wilmington Trust National Associati
Deed
—
Jan 9, 2019
—
Prd Owner LLC
Professional Resource Dev INC
Warranty Deed
related
$180,500,000 · Ubs Ag
Sep 25, 2018
—
Professional Resource Development I
—
Deed
related
$30,000,000 · Wells Fargo Bank NA
Jun 23, 2017
$525,000
Professional Resource Dev INC
Dhanraj INC
Grant Deed
—
Jun 10, 2016
—
Dhanraj INC
—
Deed
related
$82,400 · One South Bk
Nov 3, 2015
—
Dhanraj INC
—
Trustees Deed
related
$846,400 · One South Bk
Apr 11, 2013
$797,500
Ameris Bk
Lake Joy Properties LLC
Trustees Deed
related
—
Oct 26, 2009
$765,000
Dhanraj INC
Lake Joy Properties LLC
Warranty Deed
$505,000 · Sunmark Community Bank
Jun 24, 2008
$2,700,000
Lake Joy Properties LLC
Ccs Dev INC
Grant Deed
$3,600,000 · Central Bank Ga
Jun 11, 2007
$1,516,000
Ccs Dev INC
Rlh-96 Ltd
Grant Deed
$1,500,000 · Branch Banking & Trust Co
—
—
Dhanraj INC
—
Loan Modification
related
$82,400 · One South Bk
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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