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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Office buildings
104 Sycamore Pl Decatur, GA 30030-1912
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-3832888
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
WOOD FRAME
Total area
5,496 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C2
APN
15 247 07 003
UPID
US22-3832888
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
-
Kim Pounders & Team| Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
-
REvolution Spa & Massage Center Alternative Medicine Practice
-
Fairway Independent Mortgage Corporation Bank Credit Union
-
Jeremy Daniel Puckett | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
-
Doug Gregory Martin | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Bld Properties LLC · 5 yrs held
Bld Properties LLC
since 2020
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
C2 · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$900,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
$1,310,000
6.5%
$1,210,000
7%
$1,120,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,450,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $850k (Oct 1 2020)
Last sale anchor
$850k
Oct 1 2020
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
$162 / 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
$3,908
Tax year 2024
Assessed value
$389,280
Assessed 2024
Previous assessed
$389,280
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$156,840
Assessed improvement
$232,440
Land market value
$392,100
Improvement market value
$581,100
Total market value
$973,200
Applied tax rate
92.0000
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
1957
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
5,496 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C2
APN
15 247 07 003
UPID
US22-3832888
Jurisdiction
DE KALB
Zoning & alternative use
C2 · Decatur, GA
Zoning C2 · permitted uses
C2 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.5M
AUTO REPAIR, GARAGE
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
1957
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Bld Properties LLC
Entity
Mailing address
PO BOX 2456, DECATUR, GA 30031-2456
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
—
Bld Properties LLC
Bld Commercial LLC
Quit Claim Deed
related
$800,000 · Truist Bk
May 16, 2019
—
Bld Commercial LLC
Bld Properties LLC
Quit Claim Deed
related
—
Sep 8, 2016
$850,000
Bld Properties LLC
104 Sycamore Place LLC
Grant Deed
$680,000 · Charterbank
Oct 6, 2005
$635,000
104 Sycamore Place LLC
Candler M Broom
Deed
$539,750 · Fidelity Bk
Jul 21, 2004
$400,000
Candler M Broom
Bh M & B Associates
Warranty Deed
$300,000 · Piedmont Bank Of Georgia
—
—
Sycamore Place LLC
—
Loan Modification
related
$639,750 · Fidelity Bk
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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