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Property profile & analytics
OFF-MARKET
Estimated value
$3,610,000
Commercial land
8851 Tara Blvd Jonesboro, GA 30236-4906
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1136544
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
30,000 SF
Lot
1.36 ac (59,242 SF)
Zoning code
C
APN
05-239 -241-003
UPID
US22-1136544
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
$3.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$3.61M
Owner & transaction history
Osi 8859 Tara Blvd LLC · 2 yrs held
Osi 8859 Tara Blvd LLC
since 2023
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
C · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.5M
+7.8%
Neighborhood: shopping center
$4.4M
+5.7%
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
$4,000,000
ML approach
$3,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,160,000
Current use
OFFICE BUILDING
$4,480,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,395,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$3,875,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$3.61M
Range $3.25M – $3.97M · ±10% · vs last sale $3.50M (Oct 27 2023)
Last sale anchor
$3.50M
Oct 27 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
$120 / 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
$2,773
Tax year 2024
Assessed value
$71,080
Assessed 2024
Previous assessed
$50,000
+42.2% YoY
Effective rate
3.90%
On assessed value
Assessed land
$71,080
Land market value
$177,700
Total market value
$177,700
Applied tax rate
4.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
30,000 SF
Lot
1.36 ac (59,242 SF)
Zoning code
C
APN
05-239 -241-003
UPID
US22-1136544
Jurisdiction
CLAYTON
Zoning & alternative use
C · Jonesboro, GA
Zoning C · permitted uses
C · 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
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
OFFICE BUILDING
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
Heating
NONE
Lot
1.36 ac
Current owner
From public records · entity-resolved
Osi 8859 Tara Blvd LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3343 PEACHTREE RD NE, ATLANTA, GA 30326-1085
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
$3,500,000
Osi 8859 Tara Blvd LLC
33h Tara 8859 LLC
Warranty Deed
—
Oct 27, 2023
—
Osi 8859 Tara Blvd LLC
33h Tara 8859 LLC
Quit Claim Deed
related
—
Jan 31, 2023
$1,400,000
33h Tara 8859 LLC
Lamontagne Properties LLC
Limited Warranty Deed
—
Jul 15, 2021
$125,000
Lamontagne Properties LLC
Parrish Wendell Wayne Estate
Warranty Deed
—
Jan 22, 2015
$148,000
Wendell Parrish
Revills,dee
Trustees Deed
—
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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