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Property profile & analytics
OFF-MARKET
Commercial real estate
74 Enchanted Way, Cleveland, GA 30528
Individually Owned
Free & Clear
Property ID
US22-2694848
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1990
Construction
FRAME
Total area
3,744 SF
Lot
14.96 ac (651,658 SF)
Zoning code
R3
APN
031 054
UPID
US22-2694848
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
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
Diamond Leatherwood
Diamond Leatherwood
since 2025
Last sale
$228,000
7 recorded transactions
Zoning & alternative use
R3 · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
Property tax & assessments
Assessed value
$849,232
Assessed 2023
Previous assessed
$681,188
+24.7% YoY
Assessed land
$47,872
Assessed improvement
$801,360
Land market value
$119,680
Improvement market value
$2,003,400
Total market value
$2,123,080
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
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
9
Stories
2
Units
4
Bathrooms
48
Total area
3,744 SF
Lot
14.96 ac (651,658 SF)
Zoning code
R3
APN
031 054
UPID
US22-2694848
Jurisdiction
WHITE
Zoning & alternative use
R3 · Cleveland, GA
Zoning R3 · permitted uses
R3 · Cleveland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
9
Units
4
Bathrooms
48
Lot
14.96 ac
Current owner
From public records · entity-resolved
Diamond Leatherwood
Individual
Free & Clear · 0 yrs held
Mailing address
74, ENCHANTED WAY, GA
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
—
Diamond Leatherwood
Faye Betts
Quitclaim Deed
related
—
Sep 8, 2025
$101
Alpine Ranch
Jane J Eason
Quitclaim Deed
related
—
Mar 31, 2025
—
Catherine S Tunnell
Catherine J Anderson
Quitclaim Deed
related
—
Feb 19, 2025
—
Melissa Dawn Ramey
Cathy B Atkins
Quitclaim Deed
related
—
Oct 11, 2024
—
Alpine Ranch Association INC
Charlotte F Johnson
Quitclaim Deed
related
—
Jun 24, 2024
—
Mountain Lakes Resort INC
Charles Ernest Reece
Quit Claim Deed
related
—
Apr 26, 2024
$228,000
Gary Jordan
Albert Johnson
Warranty Deed
—
Nov 28, 2023
—
Donna Bagley
Derrick H Watkins
Quit Claim Deed
related
—
Oct 23, 2023
—
Cato O Barnett
Mountain Lakes Resort INC
Warranty Deed
—
Jan 22, 2019
—
Jimmy D Gravley
Gulledge,jack D
Quit Claim Deed
related
—
Jun 14, 2018
$1,000
Judene M Gautier
Greak,bill & Debbie
Warranty Deed
related
—
May 2, 2013
—
Jimmy C Ford
Wilcox,derek
Warranty Deed
related
—
Oct 19, 2012
—
Tearance D Mosley
Lanier,brandi
Grant Deed
related
—
Aug 16, 2012
—
Brandi Lanier
Cathey,gladys A
Grant Deed
related
—
Jun 27, 2012
—
Hideaway Condominium A Country
Davis,thora G
Grant Deed
related
—
Oct 18, 2010
—
Crest Resort Alpine
Sturdivant,marshall J
Grant Deed
—
Oct 8, 2009
—
Calvin P Mcgowin
Mcgowin,terri D
Quit Claim 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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