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Property profile & analytics
OFF-MARKET
Estimated value
$3,075,000
Commercial land
Russell Pkwy Byron, GA 31008
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3736120
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
32.2 ac (1,402,632 SF)
Zoning code
C-2
APN
060 032
UPID
US22-3736120
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
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
A K Developments Grp LLC · 3 yrs held
A K Developments Grp LLC
since 2022
Last sale
$3.1M
5 recorded transactions
Zoning & alternative use
C-2 · Byron, 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 Byron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Byron 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
$3,180,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.08M
Range $2.77M – $3.38M · ±10% · vs last sale $3.09M (Dec 6 2022)
Last sale anchor
$3.09M
Dec 6 2022
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
$43,817
Tax year 2023
Assessed value
$1,223,600
Assessed 2023
Previous assessed
$1,223,600
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$1,223,600
Land market value
$3,059,000
Total market value
$3,059,000
Applied tax rate
5.0000
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
Lot
32.2 ac (1,402,632 SF)
Zoning code
C-2
APN
060 032
UPID
US22-3736120
Jurisdiction
PEACH
Zoning & alternative use
C-2 · Byron, GA
Zoning C-2 · permitted uses
C-2 · Byron, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Byron. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
32.2 ac
Current owner
From public records · entity-resolved
A K Developments Grp LLC
Entity
Mailing address
423 SOUTHERN OAKS DR, MACON, GA 31216-4122
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
$3,094,080
A K Developments Grp LLC
Lllp Notnorth
Limited Warranty Deed
$1,851,600 · Mid Georgia Advanced
Jun 27, 2011
$300,000
Pratiksha A Patel
Notnorth Lllp
Deed
—
Mar 27, 2007
—
Notnorth Lllp
Southern Media Grp LLC
Deed
—
May 26, 2006
$5,000,000
Russell Plaza LLC
Notnorth Lllp
Deed
—
May 13, 2005
—
Southern Media Grp LLC
Notnorth Lllp
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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