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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Garden apartment buildings
1156 Greenwich SW St Atlanta, GA 30310-1702
Individually Owned
5-yr Hold
Property ID
US22-0282625
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
3,020 SF
Lot
0.18 ac (7,971 SF)
Zoning code
R4A
APN
14 011700040080
UPID
US22-0282625
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
$510k
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$515k
Owner & transaction history
Aaron Brown · 5 yrs held
Aaron Brown
since 2020
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
R4A · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$850,000
+41.9%
Neighborhood: shopping center
$820,000
+37.4%
Medical building
$820,000
+37.2%
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%
$555,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$600,000
Current use
COMMERCIAL (GENERAL)
$850,000
Change: +42% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$820,000
Change: +37% · Conversion: Moderate
AUTO REPAIR, GARAGE
$765,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$705,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $400k (Nov 12 2020)
Last sale anchor
$400k
Nov 12 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
$171 / 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
$8,558
Tax year 2023
Assessed value
$206,720
Assessed 2023
Previous assessed
$153,160
+35.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$23,000
Assessed improvement
$183,720
Land market value
$57,500
Improvement market value
$459,300
Total market value
$516,800
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
4
Bathrooms
1
Total area
3,020 SF
Lot
0.18 ac (7,971 SF)
Zoning code
R4A
APN
14 011700040080
UPID
US22-0282625
Jurisdiction
FULTON
Zoning & alternative use
R4A · Atlanta, GA
Zoning R4A · permitted uses
R4A · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
MEDICAL BUILDING
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$765,000
OFFICE BUILDING
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
4
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Aaron Brown
Individual
Mailing address
1156 GREENWICH ST SW APT #1, ATLANTA, GA 30310-1702
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$400,000
Aaron Brown
Stryant Investments LLC
Grant Deed
$386,650 · Thelender
Feb 11, 2019
—
Stryant Investments LLC
—
Deed
related
$834,750 · Fidelity Bk
Dec 15, 2017
—
Stryant Investments LLC
—
Trustees Deed
related
$834,750 · Fidelity Bk
Sep 9, 2015
—
Stryant Investments LLC
1156 Greenwich LLC
Warranty Deed
related
—
Dec 27, 2010
$33,000
1156 Greenwich LLC
First Horizon Hm Ln
Grant Deed
—
Sep 22, 2005
—
Hembree,dennis A
Hembree,vera
Quit Claim Deed
related
—
Sep 16, 2005
$164,900
Vera Hembree
Deutsche Bk Trust Company Amer
Deed
$131,920 · Citizens Fidelity Mtg Corp
Jul 21, 2005
$153,000
Deutsche Bk Trust Company Americas Tr
Slate,william
Trustees Deed
related
—
Jan 3, 2005
—
Slate,quentin & William
Slate,quentin & William
Quit Claim Deed
—
—
—
Stryant Investments LLC
—
Loan Modification
related
$834,750 · 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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