Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$51,545,000
Office buildings
1050 Techwood NW Dr Atlanta, GA 30318-5604
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1272945
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
2000
Total area
215,206 SF
Lot
4.41 ac (192,100 SF)
Zoning code
C3C
APN
17 0107 LL0320
UPID
US22-1272945
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
-
Turner Athletic Club Techwood Gym & Fitness Center
-
truTV Television Studio Media Distribution
-
TBS Network Television Studio Media Distribution
-
TNT Television Studio Media Distribution
-
Boomerang Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$47.29M
Comparable Approach
Comparable
$41.08M
Blend (final)
Blend
$51.55M
Owner & transaction history
TURNER BROADCASTING SYSTEM INC
TURNER BROADCASTING SYSTEM INC
Zoning & alternative use
C3C · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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%
$51,235,000
6.5%
$47,290,000
7%
$43,915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$80,325,000
Current use
WAREHOUSE, STORAGE
$71,965,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$67,570,000
Change: -16% · Conversion: Easy
INDUSTRIAL (GENERAL)
$67,175,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$51.55M
Range $46.39M – $56.70M · ±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
$240 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,173,020
Tax year 2023
Assessed value
$25,280,600
Assessed 2023
Previous assessed
$24,711,560
+2.3% YoY
Effective rate
4.64%
On assessed value
Assessed land
$2,766,240
Assessed improvement
$22,514,360
Land market value
$6,915,600
Improvement market value
$56,285,900
Total market value
$63,201,500
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
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
1
Total area
215,206 SF
Lot
4.41 ac (192,100 SF)
Zoning code
C3C
APN
17 0107 LL0320
UPID
US22-1272945
Jurisdiction
FULTON
Zoning & alternative use
C3C · Atlanta, GA
Zoning C3C · permitted uses
C3C · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$80.3M
WAREHOUSE, STORAGE
Est. value
$72.0M
COMMERCIAL (GENERAL)
Est. value
$67.6M
INDUSTRIAL (GENERAL)
Est. value
$67.2M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2000
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
4.41 ac
Current owner
From public records · entity-resolved
TURNER BROADCASTING SYSTEM INC
Entity
Free & Clear · 0 yrs held
Mailing address
1010 PNE ST9E-L-01, SAINT LOUIS, MO 63101-2015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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 1050 Techwood NW 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.
