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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial land
Commerce Exchange Dr Commerce, GA 30529
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-2644291
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
41.91 ac (1,825,600 SF)
Zoning code
C2
APN
032 019C
UPID
US22-2644291
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Commerce Exchange Land Propco LLC · 4 yrs held
Commerce Exchange Land Propco LLC
since 2021
Last sale
$664,500
7 recorded transactions
Zoning & alternative use
C2 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 2-212. C-2, General Commercial District. (a) Purpose and intent. The C-2 zoning district is intended to accommodate commercial uses that primarily serve the public traveling by automobile and which benefit from direct access to highways. This district is intended to accommodate a variety of commercial uses that are more intense than neighborhood retail…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,068.69 ac
Source
Zoning Ordinance
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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
$680,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $665k (Sep 3 2021)
Last sale anchor
$665k
Sep 3 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
—
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
$39,642
Tax year 2023
Assessed value
$1,338,880
Assessed 2023
Previous assessed
$1,338,880
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$1,338,880
Land market value
$3,347,200
Total market value
$3,347,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
41.91 ac (1,825,600 SF)
Zoning code
C2
APN
032 019C
UPID
US22-2644291
Jurisdiction
JACKSON
Zoning & alternative use
C2 · Commerce, GAZoning C2 · permitted uses
C2 · Commerce, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 2-212. C-2, General Commercial District. (a) Purpose and intent. The C-2 zoning district is intended to accommodate commercial uses that primarily serve the public traveling by automobile and which benefit from direct access to highways. This district is intended to accommodate a variety of commercial uses that are more intense than neighborhood retail uses outside of residential areas along arterial streets and highways. Uses permitted in this district may generate odor, dust, noise, vibration, or traffic congestion and such uses are not necessarily conducted within
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,068.69 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Heating
NONE
Lot
41.91 ac
Current owner
From public records · entity-resolved
Commerce Exchange Land Propco LLC
Entity
Mailing address
818 1ST N STE #101, PONTE VEDRA BEACH, FL 32082-8210
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$3,654,000
Commerce Exchange Land Propco LLC
Dig Atl Land LLC
Limited Warranty Deed
$3,646,200 · Virani 2012 Trust
Apr 8, 2019
$3,650,000
Dig Atl Land LLC
Mooser,thomas E
Grant Deed
—
Apr 8, 2019
—
Dig Atl Land LLC
Mooser,thomas E
Quit Claim Deed
related
—
Jan 27, 2016
$1,050,000
Ade 729 LLC
Great Oak Ga Owner LLC
Grant Deed
$1,054,729 · Thomas E Mooser
Jun 24, 2013
$903,339
Great Oak Ga Owner LLC
United Community Bank
Grant Deed
—
May 17, 2013
$2,185,000
United Cmnty Bk
Asset Holding Co 5 LLC
Trustees Deed
related
—
May 7, 2013
$2,185,000
United Community Bank
Asset Holding Co 5 LLC
Grant Deed
related
—
Jun 19, 2012
$2,915,000
Asset Holding Co 5 LLC
Commerce Center LLC
Trustees Deed
related
—
May 1, 2012
$2,915,000
Asset Holding Co 5 LLC
Commerce Center LLC
Grant Deed
related
—
Nov 17, 2006
—
Commerce Center LLC
Ridgeway Ventures LLC
Grant Deed
related
—
Apr 9, 2005
—
Ridgeway Ventures LLC
Hill,fred E
Grant Deed
related
—
Dec 20, 2004
$4,119,040
Commerce Ventures LLC
Ridgeway Ventures LLC
Grant Deed
—
Apr 9, 2004
—
Owner Name Unavailable
Hill,mazie W
Grant Deed
related
—
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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