Back to Search
Property profile & analytics
FOR LEASE
Medical Office Space
803 N Jackson St Albany, GA 31701
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3338682
For Lease
1 / 114
Contact for pricing
803 N Jackson St, Albany, GA 31701
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
STEEL FRAME
Total area
6,020 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C5
APN
000CC/00004/007
UPID
US22-3338682
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
-
Ajayi Rex MD Physician Medical Clinic
-
Albany Regional Male Health Center Physician
-
Rodney Siau Pediatrician Physician
-
Rex Ajayi Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$710k
Owner & transaction history
Singh Acquisitions LLC · 3 yrs held
Singh Acquisitions LLC
since 2023
Last sale
$666,750
1 recorded transaction
Zoning & alternative use
C5 · Albany, GA
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$735,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$555,000
Current use
COMMERCIAL (GENERAL)
$545,000
Change: -2% · Conversion: Easy
AUTO REPAIR, GARAGE
$470,000
Change: -15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $667k (Apr 19 2023)
Last sale anchor
$667k
Apr 19 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
$118 / 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
$11,374
Tax year 2023
Assessed value
$244,120
Assessed 2023
Previous assessed
$244,120
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$7,920
Assessed improvement
$236,200
Land market value
$19,800
Improvement market value
$590,500
Total market value
$610,300
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
For Lease
Year built
2003
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
24
Total area
6,020 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C5
APN
000CC/00004/007
UPID
US22-3338682
Jurisdiction
DOUGHERTY
Zoning & alternative use
C5 · Albany, GAZoning C5 · permitted uses
C5 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TITLE II
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$470,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$470,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
24
Lot
0.41 ac
Current owner
From public records · entity-resolved
Singh Acquisitions LLC
Entity
Mailing address
1767 DE WINTON PL, LAWRENCEVILLE, GA 30043-5019
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2023
$666,750
Singh Acquisitions LLC
Rex O Ajayi
Warranty Deed
$433,385 · Skybeam Capital Reit
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?”
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.
