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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1200 Utoy Springs Rd SW Atlanta, GA 30331

    • Garden apartment buildings
    • 3,416 SF
    • 2.30 lot acres
    For Sale
    View listing
    $4,100,000
    Value Estimations
    Cap Rate Potential
    5.2%
    Garden apartment buildings
    Location Intelligence
    Property ID
    US22-4528955
    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

    • Garden apartment buildings

    Property Details for 1200 Utoy Springs Rd SW

    Year built
    1965
    Construction
    WOOD
    Lot size
    2.30 lot acres
    Property size
    3,416 SF
    Zone code
    C1
    Property type
    Garden apartment buildings
    APN
    14F0010 LL0426
    APU
    14F0010LL0426

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $790,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $685,000
      6.5%
      $635,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $484,000
      Market price range: $215k - $1.89M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5066
    Latitude
    33.7218
    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
    $9,897
    $186,400
    $164,240
    $350,640
    -
    $466,000
    $410,600
    $876,600

    Comparable in this City

    • Value Estimation
      $7,390,000
      14,070 SF

      3751 Martin Luther King Jr SW Dr

      GARDEN APT, COURT APT (5+ UNITS) • 14,070 SF
      3751 Martin Luther King Jr SW Dr, Atlanta, GA 30331-3506
      View Details
    • Value Estimation by Request
      12,884 SF

      3881 Campbellton SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 12,884 SF
      3881 Campbellton SW Rd, Atlanta, GA 30331
      View Details
    • Value Estimation
      $3,815,000
      19,400 SF

      3000 Continental Colony SW Pkwy

      GARDEN APT, COURT APT (5+ UNITS) • 19,400 SF
      3000 Continental Colony SW Pkwy, Atlanta, GA 30331-3044
      View Details
    • Value Estimation
      $4,345,000
      30,528 SF

      901 Bolton NW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 30,528 SF
      901 Bolton NW Rd, Atlanta, GA 30331-1301
      View Details
    • Value Estimation
      $6,355,000
      45,936 SF

      320 Fairburn SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 45,936 SF
      320 Fairburn SW Rd, Atlanta, GA 30331-1918
      View Details
    • Value Estimation
      $1,475,000
      5,440 SF

      3379 Stone SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 5,440 SF
      3379 Stone SW Rd, Atlanta, GA 30331-3215
      View Details

    Similar Nearby for Sale

    • $4,100,000
      30,161 SF

      34-Unit Apartment Complex in Atlanta

      34-unit apartment complex near shopping and restaurants in Atlanta, GA.
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    • $630,000
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      Renovated Quadplex in Atlanta

      Turnkey investment opportunity with immediate income potential in Atlanta.
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      Atlanta 19-Acre Residential Land

      Prime Atlanta development opportunity. R-3 zoning.
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    • Contact for pricing
      11.12 Acres

      Atlanta Residential Land Development

      11 Acres, R-4 Zoning, Prime Location
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      View Details
    • $329,900
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      Turnkey Income Property in Atlanta

      Fully leased, cash-flowing 7-bedroom home near transportation and amenities.
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      Home with fresh interior paint and potential HOA coverage.
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    Similar Nearby for Lease

    • $1,595 /Mo

      Atlanta Gem For Rent

      3 bed, 2.5 bath end unit near parks and Marta.
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    • Contact for pricing
      196,283 SF

      Camp Creek Marketplace II Retail Spaces

      High-traffic retail spaces available in Southwest Atlanta.
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      View Details
    • Contact for pricing

      Atlanta Power Center Retail Space

      Retail and restaurant spaces available in Atlanta's Southwest market.
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    • $800 /Mo
      27,007 SF

      Atlanta Warehouse/Storage Commercial Space

      Commercial space ideal for warehousing or storage in Atlanta, GA.
      1825.5 Delowe Dr SW, Atlanta, GA 30331
      View Details
    • $800 /Mo
      27,007 SF

      Atlanta Warehouse/Storage Space for Lease

      Commercial space ideal for warehousing or storage in high-traffic location.
      1825.5 Delowe Dr SW, Atlanta, GA 30331
      View Details
    • $800 /Mo
      27,007 SF

      Atlanta Commercial Space For Rent

      Commercial space suitable for warehousing or storage in Atlanta, GA.
      1825.5 Delowe Dr SW, Atlanta, GA 30331
      View Details
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    1200 Utoy Springs Rd SW
    Atlanta, GA 30331
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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