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Property profile & analytics
FOR SALE
Office buildings
889 Commerce Dr Conyers, GA 30094
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1730655
For Sale
1 / 79
$1,295,000
889 Commerce Dr, Conyers, GA 30094
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
WOOD
Total area
6,188 SF
Lot
1.02 ac (44,431 SF)
Zoning code
OI
APN
C12-0-01-0034
UPID
US22-1730655
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
-
Performance Chiropractic Of Georgia Alternative Medicine Practice
-
Norman & Norman Realtors Real Estate Agency
-
Kimberly J Norman, Norman & Norman Realtors Real Estate Agency
-
Dr. James Lindell Alternative Medicine Practice
-
Brian Cagle Grading Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$945k
Owner & transaction history
P&b Simpson Properties LLC · 2 yrs held
P&b Simpson Properties LLC
since 2023
Last sale
$950,000
3 recorded transactions
Zoning & alternative use
OI · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+54.6%
Retail stores
$990,000
+34.2%
Auto repair, garage
$770,000
+4.4%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$995,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$735,000
Current use
MEDICAL BUILDING
$1,140,000
Change: +55% · Conversion: Easy
RETAIL STORES
$990,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$770,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$605,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $950k (Sep 15 2023)
Last sale anchor
$950k
Sep 15 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
$153 / 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
$15,373
Tax year 2023
Assessed value
$276,080
Assessed 2023
Previous assessed
$276,080
+0.0% YoY
Effective rate
5.57%
On assessed value
Assessed land
$22,680
Assessed improvement
$253,400
Land market value
$56,700
Improvement market value
$633,500
Total market value
$690,200
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1993
Construction
WOOD
Heating
ELECTRIC
Cooling
EVAPORATIVE
Stories
2
Total area
6,188 SF
Lot
1.02 ac (44,431 SF)
Zoning code
OI
APN
C12-0-01-0034
UPID
US22-1730655
Jurisdiction
ROCKDALE
Zoning & alternative use
OI · Conyers, GA
Zoning OI · permitted uses
OI · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$735,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$770,000
WAREHOUSE, STORAGE
Est. value
$605,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1993
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
P&b Simpson Properties LLC
Entity
Mailing address
889 COMMERCE DR SW, CONYERS, GA 30094-6624
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2023
—
P&b Simpson Properties LLC
—
Deed
related
$760,000 · United Community Bank
Sep 15, 2023
—
P&b Simpson Properties LLC
Housworth Enterprises INC
Quit Claim Deed
related
$760,000 · United Community Bank
Sep 15, 2023
$950,000
P&b Simpson Properties LLC
Housworth Enterprises INC
Warranty Deed
$760,000 · United Community 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.
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?”
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