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Property profile & analytics
OFF-MARKET
Estimated value
$12,125,000
Medical Office Space
874 Lanier W Ave, Fayetteville, GA 30214-7662
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1043095
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
41,450 SF
Lot
3.87 ac (168,577 SF)
Zoning code
C OI
APN
0522 027
UPID
US22-1043095
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
-
Dr. Edward S. Gronka, MD Physician Medical Clinic
-
Joel Melford Stewart Jr, M.D., F.A.C.S. Physician Medical Clinic
-
Dr. Eric Ferrara Dental Office
-
Leah Cardwell, MD Physician Medical Clinic
-
Lyndsie Rooks Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.01M
CAP Approach
CAP
$9.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.13M
Owner & transaction history
Flagship West Lanier Fayetteville L · 2 yrs held
Flagship West Lanier Fayetteville L
since 2023
Last sale
$12.2M
6 recorded transactions
Zoning & alternative use
C OI · Fayetteville, 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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$15,060,000
ML approach
$12,010,000
CAP Approach
CAP Return
Estimation
6%
$10,015,000
6.5%
$9,245,000
7%
$8,585,000
Blend value · Realmo final
$12.13M
Range $10.91M – $13.34M · ±10% · vs last sale $12.16M (Jul 18 2023)
Last sale anchor
$12.16M
Jul 18 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
$293 / 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
$102,526
Tax year 2023
Assessed value
$3,368,120
Assessed 2023
Previous assessed
$2,327,932
+44.7% YoY
Effective rate
3.04%
On assessed value
Assessed land
$222,520
Assessed improvement
$3,145,600
Land market value
$556,300
Improvement market value
$7,864,000
Total market value
$8,420,300
Applied tax rate
2.0000
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
41,450 SF
Lot
3.87 ac (168,577 SF)
Zoning code
C OI
APN
0522 027
UPID
US22-1043095
Jurisdiction
FAYETTE
Zoning & alternative use
C OI · Fayetteville, GA
Zoning C OI · permitted uses
C OI · Fayetteville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
3.87 ac
Current owner
From public records · entity-resolved
Flagship West Lanier Fayetteville L
Individual
Mailing address
874 LANIER AVE W, FAYETTEVILLE, GA 30214-7662
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
$12,159,680
Flagship West Lanier Fayetteville L
Fourdeer Prestige LLC
Limited Warranty Deed
$8,500,000 · First Horizon
Dec 10, 2021
$14,600,000
Flagship West Lanier Fayetteville L
Baltisse Ackerman Prestige Park Lll
Warranty Deed
—
Oct 31, 2019
$580,000
Baltisse-ackerman Prestige Pk
Taj Mahal One LLC
Grant Deed
related
$7,050,000 · Synovus Bk
Feb 5, 2009
—
Taj Mahal One LLC
Taj Mahal Two LLC
Quit Claim Deed
related
$7,040,000 · Suntrust Bank NA
—
—
Taj Mahal Onc LLC
—
Deed Of Trust
related
$6,720,000 · Wachovia Bank NA
—
—
Taj Mahal One LLC
—
Deed Of Trust
related
$6,632,000 · Fifth Third 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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