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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Medical Office Space
704 Broad St Thomasville, GA 31792-6107
Individually Owned
Free & Clear
Property ID
US22-1774389
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1865
Construction
WOOD
Total area
8,018 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C-1A
APN
008 015001
UPID
US22-1774389
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
-
South Georgia Neurological Medical Clinic Hospital
-
Dr. Robert A. Lynde, MD Physician Medical Clinic
-
Archbold Neurology/Neurosurgery Medical Clinic
-
Brian Russell, MD Physician Medical Clinic
-
Ambrose Kimberly M Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$705k
Owner & transaction history
Gerald N Kadis
Gerald N Kadis
since 2025
4 recorded transactions
Zoning & alternative use
C-1A · Thomasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+25.9%
Office building
$1.1M
+20.0%
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 Thomasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomasville 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Current use
COMMERCIAL (GENERAL)
$1,140,000
Change: +26% · Conversion: Easy
OFFICE BUILDING
$1,085,000
Change: +20% · Conversion: Easy
RETAIL STORES
$890,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$88 / 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
$11,245
Tax year 2023
Assessed value
$454,516
Assessed 2023
Previous assessed
$454,516
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$75,809
Assessed improvement
$378,707
Land market value
$189,522
Improvement market value
$946,768
Total market value
$1,136,290
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
1865
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
8,018 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C-1A
APN
008 015001
UPID
US22-1774389
Jurisdiction
THOMAS
Zoning & alternative use
C-1A · Thomasville, GA
Zoning C-1A · permitted uses
C-1A · Thomasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thomasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$780,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1865
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Gerald N Kadis
Individual
Free & Clear · 0 yrs held
Mailing address
704 S BROAD ST, THOMASVILLE, GA 31792-6107
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
—
Gerald N Kadis
K Russell Brian
Quitclaim Deed
related
—
Mar 30, 2023
—
Gerald N Kadis
—
Deed
related
$284,498 · Synovus Bank
Oct 1, 2020
—
Craig A Fredericks
—
Deed
related
$195,942 · Synovus Bank
Mar 14, 2017
$350,000
Gerald N Kadis
Gerald N Kadis
Deed
related
$353,427 · Synovus 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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