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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Residential income homes
1071 Martin Luther King Jr SW Dr Atlanta, GA 30314
Individually Owned
18-yr Hold
Free & Clear
Property ID
US22-0672152
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1940
Construction
WOOD
Total area
5,544 SF
Lot
0.18 ac (7,710 SF)
Zoning code
SPI11
APN
14 011500100951
UPID
US22-0672152
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
$940k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Mccrary,dwight · 18 yrs held
Mccrary,dwight
since 2007
7 recorded transactions
Zoning & alternative use
SPI11 · 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%
$1,020,000
6.5%
$940,000
7%
$875,000
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$165 / 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
Assessed value
$82,760
Assessed 2023
Previous assessed
$82,760
+0.0% YoY
Assessed land
$45,000
Assessed improvement
$37,760
Land market value
$112,500
Improvement market value
$94,400
Total market value
$206,900
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
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
15
Bathrooms
1
Total area
5,544 SF
Lot
0.18 ac (7,710 SF)
Zoning code
SPI11
APN
14 011500100951
UPID
US22-0672152
Jurisdiction
FULTON
Zoning & alternative use
SPI11 · Atlanta, GA
Zoning SPI11 · permitted uses
SPI11 · 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.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
15
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Mccrary,dwight
Individual
Free & Clear · 18 yrs held
Mailing address
2312 BEN HL RD SW, ATLANTA, GA 30311-5408
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
1071 Management Team LLC
—
Deed
related
$434,000 · First Bank
Aug 20, 2007
$37,000
Mccrary,dwight
Bjfm Properties LLC
Warranty Deed
—
Aug 14, 2007
$239,000
Dwight Mccrary
Bjrm Properties LLC
Grant Deed
—
Jun 23, 2006
—
Bjfm Properties LLC
Seals,jimmie L II & Gilda M
Quit Claim Deed
related
—
Jun 20, 2006
—
Bjfm Properties LLC
Seals,gilda Mills
Grant Deed
related
—
Jul 26, 2004
$225,000
Seals,ii Gilda Mills & Jimmie L
Beeks Rainbow INC
Warranty Deed
$202,500 · Finance America
—
—
Gilda Mills Seals
—
Deed Of Trust
related
$265,000 · Equity One INC
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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