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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Garden apartment buildings
96 Ivey St Richmond Hill, GA 31324-3946
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2871532
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1976
Construction
STEEL FRAME
Total area
4,216 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CITY
APN
0532 142
UPID
US22-2871532
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
$595k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Pan Yixiong · 1 yrs held
Pan Yixiong
since 2025
Last sale
$637,500
4 recorded transactions
Zoning & alternative use
CITY · Richmond Hill, 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 Richmond Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond Hill 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
$550,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$640,000
7%
$590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$555,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$435,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$420,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $638k (Apr 29 2025)
Last sale anchor
$638k
Apr 29 2025
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
$152 / 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
$2,571
Tax year 2023
Assessed value
$65,440
Assessed 2023
Previous assessed
$65,440
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$24,000
Assessed improvement
$41,440
Land market value
$60,000
Improvement market value
$103,600
Total market value
$163,600
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
4,216 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CITY
APN
0532 142
UPID
US22-2871532
Jurisdiction
BRYAN
Zoning & alternative use
CITY · Richmond Hill, GAZoning CITY · permitted uses
CITY · Richmond Hill, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$435,000
RETAIL STORES
Est. value
$420,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Year built
1976
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
0.29 ac
Current owner
From public records · entity-resolved
Pan Yixiong
Individual
Mailing address
8382 CAMERON CAVE DR, BOYNTON BEACH, FL 33473-5041
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
$637,500
Pan Yixiong
Ivey St S LLC
Deed
$478,125 · Total Quality Financial
Feb 12, 2025
—
Ivey St S LLC
H I Savannah Properties LLC
Quitclaim Deed
related
—
Feb 18, 2022
$427,200
H I Savannah Properties LLC
Gary M Jones
Warranty Deed
—
Feb 18, 2022
$507,000
H I Savannah Properties LLC
Gary M Jones
Limited Warranty 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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