Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,705,000
Medical Office Space
7813 Spivey Sta Blvd Jonesboro, GA 30236-2900
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1344468
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
49,500 SF
Lot
2.98 ac (129,809 SF)
Zoning code
MCD
APN
12-044B- A-005
UPID
US22-1344468
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
-
Elizabeth Feenstra, MD Physician
-
Welltower Medical Office Space Medical Clinic
-
Vernesa Wright Physician
-
Bryan Whitfield Physician
-
Nicole Coleman Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.04M
Comparable Approach
Comparable
$8.94M
Blend (final)
Blend
$8.71M
Owner & transaction history
Jonesboro 7813 Mp Wrk7 LLC
Jonesboro 7813 Mp Wrk7 LLC
since 2026
6 recorded transactions
Zoning & alternative use
MCD · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.0M
+106.2%
Office building
$7.4M
+17.0%
Neighborhood: shopping center
$7.3M
+14.8%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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%
$11,960,000
6.5%
$11,040,000
7%
$10,255,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,320,000
Current use
AUTO REPAIR, GARAGE
$13,030,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$7,390,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$7,255,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,860,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$8.71M
Range $7.83M – $9.58M · ±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
$176 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$148,737
Tax year 2024
Assessed value
$3,812,584
Assessed 2024
Previous assessed
$3,812,584
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$103,840
Assessed improvement
$3,708,744
Land market value
$259,600
Improvement market value
$9,271,860
Total market value
$9,531,460
Applied tax rate
8.0000
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
2008
Heating
NONE
Total area
49,500 SF
Lot
2.98 ac (129,809 SF)
Zoning code
MCD
APN
12-044B- A-005
UPID
US22-1344468
Jurisdiction
CLAYTON
Zoning & alternative use
MCD · Jonesboro, GA
Zoning MCD · permitted uses
MCD · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$13.0M
OFFICE BUILDING
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$6.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2008
Heating
NONE
Lot
2.98 ac
Current owner
From public records · entity-resolved
Jonesboro 7813 Mp Wrk7 LLC
Entity
Mailing address
WELLTOWER INC ATTN TAX DEPT #4500, TOLEDO, OH 43615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 12, 2026
—
Jonesboro 7813 Mp Wrk7 LLC
Epc Sparti LLC
Deed
$36,028,200 · Capital One
May 17, 2019
$21,350,000
Epc Sparti LLC
Chp Spivey II-jonesboro Ga Mob
Grant Deed
—
Jun 20, 2018
—
Chp Rome Ga Mob Owner LLC
—
Loan Modification
related
$67,800,000 · Capital One NA
Jan 8, 2015
$18,590,900
Chp Spivey II-jonesboro Ga Mob|chp,spivey I-jonesb
Spivey Station Asc Building LP
Trustees Deed
related
$54,285,000 · Capital One NA
Oct 15, 2008
$7,828,483
Spivey Station Asc Building LP
Southern,crescent Real Est
Grant Deed
—
—
—
Spivey Station Asc Building LP
—
Deed Of Trust
related
$9,000,000 · American National Insurance Co
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 7813 Spivey Sta Blvd?
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.
