Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,005,000
Office buildings
727 Anne St Griffin, GA 30224-3977
Entity Owned
~
Est. High Equity
Property ID
US22-1187399
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
WOOD
Total area
1,537 SF
Lot
7 ac (304,920 SF)
Zoning code
HDRA
APN
047 -01-007
UPID
US22-1187399
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
-
707 apt d Apartment Building
-
Heritage Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.01M
Owner & transaction history
Heritage Mf IV LLC
Heritage Mf IV LLC
since 2025
Last sale
$8.5M
6 recorded transactions
Zoning & alternative use
HDRA · 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
Method
Estimation
Statistic approach
$10,000,000
ML approach
$9,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.01M
Range $8.10M – $9.91M · ±10% · vs last sale $8.45M (Sep 29 2023)
Last sale anchor
$8.45M
Sep 29 2023
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
$5,859 / 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
$56,719
Tax year 2023
Assessed value
$1,470,000
Assessed 2023
Previous assessed
$1,470,000
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$88,845
Assessed improvement
$1,381,155
Land market value
$222,113
Improvement market value
$3,452,887
Total market value
$3,675,000
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
1970
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
17
Total area
1,537 SF
Lot
7 ac (304,920 SF)
Zoning code
HDRA
APN
047 -01-007
UPID
US22-1187399
Jurisdiction
SPALDING
Zoning & alternative use
HDRA · Griffin, GA
Zoning HDRA · permitted uses
HDRA · 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
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Buildings
17
Lot
7 ac
Current owner
From public records · entity-resolved
Heritage Mf IV LLC
Entity
Mailing address
999 WATERSIDE DR, NORFOLK, VA 23510-3300
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
—
Heritage Mf IV LLC
Heritage Apartments LLC
Quitclaim Deed
related
—
Aug 27, 2025
$11,500,000
Heritage Mf IV LLC
Heritage Apartments LLC
Deed
—
Sep 29, 2023
$8,450,000
Heritage Apartments LLC
Heritage Apartments Ltd
Warranty Deed
$8,750,000 · Key Bank
—
—
Heritage,apartments Ltd
—
Deed Of Trust
related
$2,000,000 · Neutrino
—
—
Heritage,apartments Ltd
—
Deed Of Trust
related
$1,820,000 · Regions Bank
—
—
Heritage Apartments Ltd
—
Deed Of Trust
related
$2,000,000 · Neutrino LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 727 Anne St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
