Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Garden apartment buildings
9 Hl St Statesboro, GA 30458-4850
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-2486405
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1900
Total area
9,210 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CBD
APN
S28-005-000
UPID
US22-2486405
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
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$630k
Owner & transaction history
9 Hill Statesboro LLC · 6 yrs held
9 Hill Statesboro LLC
since 2019
6 recorded transactions
Zoning & alternative use
CBD · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+86.8%
Commercial (general)
$970,000
+73.6%
Office building
$970,000
+72.9%
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$560,000
Current use
AUTO REPAIR, GARAGE
$1,045,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$970,000
Change: +74% · Conversion: Moderate
OFFICE BUILDING
$970,000
Change: +73% · Conversion: Moderate
RETAIL STORES
$710,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$675,000
Change: +21% · Conversion: Moderate
WAREHOUSE, STORAGE
$490,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$68 / 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
$2,577
Tax year 2023
Assessed value
$482,640
Assessed 2023
Previous assessed
$482,640
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$55,880
Assessed improvement
$426,760
Land market value
$139,700
Improvement market value
$1,066,900
Total market value
$1,206,600
Applied tax rate
8.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1900
Heating
HOT WATER
Cooling
YES
Total area
9,210 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CBD
APN
S28-005-000
UPID
US22-2486405
Jurisdiction
BULLOCH
Zoning & alternative use
CBD · Statesboro, GA
Zoning CBD · permitted uses
CBD · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$970,000
OFFICE BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$710,000
MEDICAL BUILDING
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$490,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
1900
Heating
HOT WATER
Cooling
Yes
Lot
0.2 ac
Current owner
From public records · entity-resolved
9 Hill Statesboro LLC
Entity
Mailing address
2108 DRAYTON ST, SAVANNAH, GA 31401-8656
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Dec 30, 2019
$225,000
9 Hill Statesboro LLC
William P Britt
Grant Deed
—
Jan 31, 2014
—
William P Britt
Bowen,michael W & Jan N
Quit Claim Deed
related
—
Jan 31, 2014
$149,000
William P Britt
Bowen,jan N
Warranty Deed
$125,964 · Bank Of Newington
Jan 30, 2014
$149,000
William Pence Britt
Bowen,jan Norris
Grant Deed
—
Jan 30, 2014
$60,000
William Pence Britt
Bowen,michael W
Grant Deed
related
—
—
—
William P Britt
—
Deed Of Trust
related
$97,484 · Durden Bkng
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?”
You own 9 Hl St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
