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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Warehouses
1200 Foster NW St Atlanta, GA 30318-4356
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2011574
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1889
Construction
WOOD
Total area
4,641 SF
Lot
4.24 ac (184,477 SF)
Zoning code
I2
APN
17 0150 LL0011
UPID
US22-2011574
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
-
Nastja Photography Photography Service (Bike/Boat/Book/etc) Store
-
Julia Franks Photography Photography Service (Bike/Boat/Book/etc) Store
-
Creative Cabin Studios Film Production Television Studio
-
Bare Dreams Publishing Music Venue Publishing House
-
j monroe gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$2.25M
Owner & transaction history
Deneb Goat Farm LLC · 1 yrs held
Deneb Goat Farm LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+11.6%
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
$2,250,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,550,000
Current use
OFFICE BUILDING
$1,730,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,455,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.25M (Aug 28 2024)
Last sale anchor
$2.25M
Aug 28 2024
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
$485 / 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
$2,600,000
Assessed 2024
Previous assessed
$3,247,360
-19.9% YoY
Assessed land
$2,517,332
Assessed improvement
$82,668
Land market value
$6,293,330
Improvement market value
$206,670
Total market value
$6,500,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1889
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
10
Stories
1
Total area
4,641 SF
Lot
4.24 ac (184,477 SF)
Zoning code
I2
APN
17 0150 LL0011
UPID
US22-2011574
Jurisdiction
FULTON
Zoning & alternative use
I2 · Atlanta, GA
Zoning I2 · permitted uses
I2 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (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
1889
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
10
Lot
4.24 ac
Current owner
From public records · entity-resolved
Deneb Goat Farm LLC
Entity
Mailing address
1200 FOSTER ST NW, ATLANTA, GA 30318-4356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
$4,500,000
Deneb Goat Farm LLC
Tbr Foster Street Building 6*9 Owne
Warranty Deed
$2,700,000 · Tbr Foster Street Building 69 Owner
Aug 28, 2024
$2,250,000
Deneb Goat Farm LLC
Tbr Foster Street Building 2 Owner
Warranty Deed
$1,450,000 · Tbr Foster Street Building 2 Owner
Dec 19, 2023
$923,000
Museum Of Contemporary Art Of Georg
1200 Foster Street LLC
Warranty Deed
—
Nov 21, 2023
$4,642,900
Dovetail Equity LLC
Gf Dovetail Owner LLC
Warranty Deed
—
Aug 24, 2022
$6,500,000
Gf Dovetail Owner LLC
1200 Foster Street LLC
Limited Warranty Deed
—
Jun 24, 2022
$680,000
Gf Goodson Owner LLC
1200 Foster Street LLC
Warranty Deed
—
Jun 24, 2022
$590,000
Gf B5 Owner LLC
1200 Foster Street LLC
Warranty Deed
—
Apr 29, 2022
$2,000,000
Tbr Foster Street Building 6 9 Owne
1200 Foster Street LLC
Warranty Deed
—
Mar 17, 2022
$230,000
Tbr Foster Street Building 2 Owner
1200 Foster Street LLC
Limited Warranty Deed
—
Dec 26, 2018
$6,220,000
Rb Preston Ridge Co-tenant LLC
1200 Foster Street LLC
Grant Deed
$3,820,000 · 1200 Foster Street LLC
Jul 16, 2010
$7,000,000
1200 Foster Street LLC
Haywood Robert S
Grant Deed
$2,752,000 · Georgia Primary Bk
Jul 16, 2010
—
1200 Foster Street LLC
Haywood Robert S
Quit Claim Deed
related
$2,000,000 · Robert S Haywood
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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