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Property profile & analytics
FOR SALE
Auto shops
1200 Central Ave Atlanta, GA 30344
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4548619
For Sale
1 / 31
$500,000
1200 Central Ave, Atlanta, GA 30344
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1954
Construction
WOOD
Total area
5,332 SF
Lot
0.23 ac (9,975 SF)
Zoning code
I1
APN
14 013100160377
UPID
US22-4548619
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pett Properties INC · 2 yrs held
Pett Properties INC
since 2023
Last sale
$230,000
6 recorded transactions
Zoning & alternative use
I1 · East Point, 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,219
Tax year 2023
Assessed value
$43,200
Assessed 2023
Previous assessed
$43,200
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$34,680
Assessed improvement
$8,520
Land market value
$86,700
Improvement market value
$21,300
Total market value
$108,000
Applied tax rate
20.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1954
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
5,332 SF
Lot
0.23 ac (9,975 SF)
Zoning code
I1
APN
14 013100160377
UPID
US22-4548619
Jurisdiction
FULTON
Zoning & alternative use
I1 · East Point, GA
Zoning I1 · permitted uses
I1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Pett Properties INC
Entity
Free & Clear · 2 yrs held
Mailing address
1200 CENTRAL AVE, ATLANTA, GA 30344-4923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jul 31, 2023
$230,000
Pett Properties INC
Orbis Commercial Estates LLC
Warranty Deed
—
Jul 31, 2023
—
Pett Properties INC
Orbis Commercial Estates LLC
Quit Claim Deed
related
—
Oct 15, 2019
$135,000
Orbis Commercial Estates LLC
Tig Construction LLC
Grant Deed
—
Oct 15, 2019
—
Orbis Commercial Estates LLC
Tig Construction LLC
Quit Claim Deed
related
—
Jun 8, 2015
$45,000
Girvan L Henry
Porter,catherine T
Quit Claim Deed
related
—
Jun 8, 2015
—
Tig Construction LLC
Henry,girvan L
Warranty Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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