New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,430,000
Garden apartment buildings
1000 Belmont Park SE Dr, Smyrna, GA 30080-1528
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1302105
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1974
Total area
67,948 SF
Lot
4.12 ac (179,467 SF)
Zoning code
RM-12
APN
17044600100
UPID
US22-1302105
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
Current use
Occupant on record · Public records
-
1000 Belmont Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.29M
CAP Approach
CAP
$14.05M
Comparable Approach
Comparable
$9.73M
Blend (final)
Blend
$10.43M
Owner & transaction history
Belmont Park Holdings LLC
Belmont Park Holdings LLC
since 2025
Last sale
$10.9M
5 recorded transactions
Zoning & alternative use
RM-12 · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$16.7M
+38.4%
Retail stores
$15.7M
+30.3%
Auto repair, garage
$13.5M
+12.1%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$10,285,000
CAP Approach
CAP Return
Estimation
6%
$15,215,000
6.5%
$14,045,000
7%
$13,040,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,060,000
Current use
MEDICAL BUILDING
$16,690,000
Change: +38% · Conversion: Moderate
RETAIL STORES
$15,710,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,520,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,315,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$10.43M
Range $9.39M – $11.47M · ±10% · vs last sale $10.85M (May 28 2025)
Last sale anchor
$10.85M
May 28 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
$153 / 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
$145,612
Tax year 2024
Assessed value
$5,361,280
Assessed 2024
Previous assessed
$2,838,160
+88.9% YoY
Effective rate
2.72%
On assessed value
Assessed land
$746,584
Assessed improvement
$4,614,696
Land market value
$1,866,460
Improvement market value
$11,536,740
Total market value
$13,403,200
Applied tax rate
6.0000
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
1974
Heating
NONE
Buildings
3
Units
72
Total area
67,948 SF
Lot
4.12 ac (179,467 SF)
Zoning code
RM-12
APN
17044600100
UPID
US22-1302105
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Smyrna, GA
Zoning RM-12 · permitted uses
RM-12 · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$12.1M
MEDICAL BUILDING
Est. value
$16.7M
RETAIL STORES
Est. value
$15.7M
AUTO REPAIR, GARAGE
Est. value
$13.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.3M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1974
Heating
NONE
Buildings
3
Units
72
Lot
4.12 ac
Current owner
From public records · entity-resolved
Belmont Park Holdings LLC
Entity
Mailing address
750 HAMMOND DR STE, ATLANTA, GA 30328-5532
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
$10,850,000
Belmont Park Holdings LLC
1000 Belmont Apartments LP
Deed
$7,000,000 · Rwc Lending LLC
Aug 1, 2022
$13,899,600
1000 Belmont Apartments LP
Midwood Belmont LLC
Limited Warranty Deed
$11,270,000 · Keystone Real Estate Income Trust L
Aug 1, 2022
—
Midwood Belmont LLC
Midwood Belmont LLC
Intrafamily Transfer
related
—
Sep 1, 2020
—
Midwood Belmont LLC
Belmont Park Associates LLC
Quit Claim Deed
related
—
Sep 1, 2020
$7,272,000
Midwood Belmont LLC
Belmont Park Associates LLC
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.
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 1000 Belmont Park SE Dr?
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.
