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    Property profile & analytics

    1115 Ponce De Leon NE Ave Atlanta, GA 30306-4585

    • Garden apartment buildings
    • 17,280 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $3,835,000
    Last Sale
    Mar 26, 2024
    $3,825,000
    Location Intelligence
    Property ID
    US22-1189789
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • MLC Apartments / Apartment Building
    • The Take-Home Tutor Atlanta / Wine Club / Language School

    Property Details for 1115 Ponce De Leon NE Ave

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    17,280 SF
    Zone code
    C1
    Property type
    Garden apartment buildings
    APN
    14 001600130040
    APU
    14001600130040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,415,000
      6.5%
      $3,995,000
      7%
      $3,690,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,160,000
      Geo Method
      $4,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,940,000
      Retail
      $3,840,000
      Mixed-Use
      $3,745,000
      Hospitality
      $3,735,000
      Educational
      $3,085,000
      Residential Income
      $2,895,000
      Energy
      $3,910,000
      Income-Based Land
      $3,985,000
      Food Service
      $3,075,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.351
    Latitude
    33.7735
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $48,852
    $272,000
    $908,000
    $1,180,000
    -
    $680,000
    $2,270,000
    $2,950,000

    Comparable in this City

    • Value Estimation by Request
      13,038 SF

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    • Value Estimation by Request
      27,251 SF

      860 Briarcliff NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 27,251 SF
      860 Briarcliff NE Rd, Atlanta, GA 30306-4092
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    • Value Estimation by Request
      69,207 SF

      1295 Rock Spgs NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 69,207 SF
      1295 Rock Spgs NE Rd, Atlanta, GA 30306-2318
      View Details
    • Value Estimation
      $615,000
      4,907 SF

      1031 Virginia NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,907 SF
      1031 Virginia NE Ave, Atlanta, GA 30306-3523
      View Details
    • Value Estimation
      $410,000
      6,766 SF

      1251 Virginia NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,766 SF
      1251 Virginia NE Ave, Atlanta, GA 30306-4824
      View Details
    • Value Estimation by Request
      4,896 SF

      559 Amsterdam NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,896 SF
      559 Amsterdam NE Ave, Atlanta, GA 30306-3416
      View Details

    Similar Nearby for Sale

    • New
      $1,050,000
      Pending

      Virginia Highland Investment Property

      Well-maintained six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
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      Virginia Highland Multifamily Investment Property

      Six-unit apartment building near Beltline and Ponce City Market.
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    • $3,200,000

      Renovated Apartment Building in Poncey Highland

      Ten-unit apartment building in a sought-after Atlanta neighborhood.
      678 Moreland Ave, Atlanta, GA 30306
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      Top-floor, two-bedroom condo in historic Briar Hills, abundant natural light.
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    • $1,350,000
      0.29 Acres

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    Similar Nearby for Lease

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    • Contact for pricing

      Telephone Factory Lofts

      Live / Work Space Located Directly On The Beltline
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    • Contact for pricing
      39,446 SF

      Modern Office Tower on BeltLine

      372,000 SF office tower with BeltLine access.
      725 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    • $1,300 /Mo
      6,625 SF

      Renovated Office Suites with Skyline Views

      Premium office suites available in a renovated landmark building.
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      View Details
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    Atlanta, GA 30306-4585
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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