Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,595,000
Office buildings
Patrick Henry Pkwy Stockbridge, GA 30281
Individually Owned
6-yr Hold
Free & Clear
Property ID
US22-2942300
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
STEEL FRAME
Total area
54,056 SF
Lot
10.4 ac (453,024 SF)
Zoning code
OI
APN
052-01023001
UPID
US22-2942300
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
by Request
CAP Approach
CAP
$11.88M
Comparable Approach
Comparable
$12.16M
Blend (final)
Blend
$10.60M
Owner & transaction history
Encompass Health Rehabilitatio · 6 yrs held
Encompass Health Rehabilitatio
since 2019
1 recorded transaction
Zoning & alternative use
OI · Stockbridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.1M
+42.2%
Auto repair, garage
$11.1M
+31.3%
Retail stores
$10.8M
+27.7%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
by Request
CAP Approach
CAP Return
Estimation
6%
$12,870,000
6.5%
$11,880,000
7%
$11,030,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,490,000
Current use
COMMERCIAL (GENERAL)
$12,070,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,145,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$10,845,000
Change: +28% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,630,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$10.60M
Range $9.54M – $11.65M · ±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
$196 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$177,898
Tax year 2024
Assessed value
$4,440,240
Assessed 2024
Previous assessed
$4,440,240
+0.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$1,248,000
Assessed improvement
$3,192,240
Land market value
$3,120,000
Improvement market value
$7,980,600
Total market value
$11,100,600
Applied tax rate
1.0000
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
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Units
1
Total area
54,056 SF
Lot
10.4 ac (453,024 SF)
Zoning code
OI
APN
052-01023001
UPID
US22-2942300
Jurisdiction
HENRY
Zoning & alternative use
OI · Stockbridge, GA
Zoning OI · permitted uses
OI · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$11.1M
RETAIL STORES
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
10.4 ac
Current owner
From public records · entity-resolved
Encompass Health Rehabilitatio
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 380546, BIRMINGHAM, AL 35238-0546
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2019
$3,120,500
Encompass Health Rehabilitatio
Vlass,judith H
Grant 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.
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 Patrick Henry Pkwy?
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.
