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Property profile & analytics
OFF-MARKET
Estimated value
$4,025,000
Medical Office Space
8855 Hospital Dr Douglasville, GA 30134-2256
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1019022
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
1.77 ac (77,101 SF)
Zoning code
O-I
APN
0049-01-5- -00012
UPID
US22-1019022
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
-
Zia Mustafa, DPM Physician
-
David Finkelman, MD Physician
-
Nicole M. Gordon, MD Physician
-
Rizcion Bamba Dagani Physician
-
Dr. Cheree Eldridge Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.11M
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$4.03M
Owner & transaction history
Hr Acquisition I Corp · 4 yrs held
Hr Acquisition I Corp
since 2021
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
O-I · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+82.4%
Office building
$3.1M
+20.6%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$4,945,000
ML approach
$4,110,000
CAP Approach
CAP Return
Estimation
6%
$2,900,000
6.5%
$2,675,000
7%
$2,485,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,610,000
Current use
RESTAURANT
$4,760,000
Change: +82% · Conversion: Difficult
OFFICE BUILDING
$3,145,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$4.03M
Range $3.62M – $4.43M · ±10% · vs last sale $4.90M (Dec 30 2021)
Last sale anchor
$4.90M
Dec 30 2021
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
$335 / 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
$28,963
Tax year 2023
Assessed value
$709,640
Assessed 2023
Previous assessed
$709,640
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$115,680
Assessed improvement
$593,960
Land market value
$289,200
Improvement market value
$1,484,900
Total market value
$1,774,100
Applied tax rate
3.0000
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Total area
12,000 SF
Lot
1.77 ac (77,101 SF)
Zoning code
O-I
APN
0049-01-5- -00012
UPID
US22-1019022
Jurisdiction
DOUGLAS
Zoning & alternative use
O-I · Douglasville, GA
Zoning O-I · permitted uses
O-I · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.6M
RESTAURANT
Est. value
$4.8M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Lot
1.77 ac
Current owner
From public records · entity-resolved
Hr Acquisition I Corp
Entity
Free & Clear · 4 yrs held
Mailing address
3310 W END AVE STE #700, NASHVILLE, TN 37203-1097
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$4,900,000
Hr Acquisition I Corp
Goldenfeld Family LLC
Warranty Deed
—
Nov 30, 2007
$4,625,000
Goldenfeld Family LLC
Aga Venture III LLC
Deed Of Trust
related
$2,200,000 · Shenandoah Life Insurance Co
Nov 27, 2007
$4,625,000
Goldenfeld Family LLC
Aga Venture III LLC
Grant Deed
—
May 22, 2006
$700,000
Aga Venture III LLC
Kumar,surender V
Grant Deed
—
May 22, 2006
—
Aga Venture III LLC
Kumar,surender V
Quit Claim Deed
related
—
Nov 9, 2004
—
Surender V Kumar
Bussey,joseph G JR
Grant Deed
related
—
—
—
Aga Venture III LLC
—
Deed Of Trust
related
$2,250,000 · Branch Banking & Trust 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.
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