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Property profile & analytics
OFF-MARKET
Office buildings
688 Washington St, Lincolnton, GA 30817-2819
Individually Owned
~
Est. High Equity
Property ID
US22-2360521
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
STEEL FRAME
Total area
2,016 SF
Lot
2.63 ac (114,563 SF)
Zoning code
COMMERCIAL
APN
29 033
UPID
US22-2360521
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
-
Lincoln Motel Hotel & Motel
-
Barksdale Enterprises Inc Auto Parts Store
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
Dharmeshkumar B Patel
Dharmeshkumar B Patel
since 2025
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Lincolnton, 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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
$1,235
Tax year 2023
Assessed value
$37,400
Assessed 2023
Previous assessed
$37,400
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$11,560
Assessed improvement
$25,840
Land market value
$28,900
Improvement market value
$64,600
Total market value
$93,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Total area
2,016 SF
Lot
2.63 ac (114,563 SF)
Zoning code
COMMERCIAL
APN
29 033
UPID
US22-2360521
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · Lincolnton, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Lincolnton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincolnton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Lot
2.63 ac
Current owner
From public records · entity-resolved
Dharmeshkumar B Patel
Individual
Mailing address
688 S WASHINGTON ST, LINCOLNTON, GA 30817-2819
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$450,000
Dharmeshkumar B Patel
Southern Stay LLC
Warranty Deed
$360,000 · Southern Stay
Jun 26, 2020
$80,000
Barksdale Enterprises INC
Dexter R Drake
Warranty Deed
$80,000 · Drake Dexter R Senior
Dec 18, 2018
$95,000
Southern Stay LLC
Sonal S Patel
Warranty Deed
—
Apr 24, 2017
—
Dexter R Drake
Tammy Moore
Warranty Deed
—
Jun 21, 2007
$96,000
Sonal S Patel
Samirkumar B Patel
Deed
related
—
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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