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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Investment properties
1231 Booth NW St Atlanta, GA 30318-4130
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-1768476
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1986
Construction
STEEL FRAME
Total area
7,280 SF
Lot
0.36 ac (15,812 SF)
Zoning code
I2
APN
17 018800060283
UPID
US22-1768476
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
-
Jarrod Burch Law Firm
-
Law Office of Cameron Hawkins Law Firm
-
The Mabra Law Firm Law Firm
-
Ronnie Mabra Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.61M
Owner & transaction history
1231 Booth Tower LLC · 6 yrs held
1231 Booth Tower LLC
since 2019
7 recorded transactions
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.4M
+6.5%
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%
$1,640,000
6.5%
$1,510,000
7%
$1,405,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,285,000
Current use
WAREHOUSE, STORAGE
$2,435,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,270,000
Change: -1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,980,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$1,980,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10%
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
$220 / 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
$420,920
Assessed 2023
Previous assessed
$324,320
+29.8% YoY
Assessed land
$110,440
Assessed improvement
$310,480
Land market value
$276,100
Improvement market value
$776,200
Total market value
$1,052,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
7,280 SF
Lot
0.36 ac (15,812 SF)
Zoning code
I2
APN
17 018800060283
UPID
US22-1768476
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
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1986
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
1231 Booth Tower LLC
Entity
Mailing address
1231 BOOTH ST NW, ATLANTA, GA 30318-4130
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
—
1231 Booth Tower LLC
—
Deed
related
$1,993,000 · Capital Partners Certified Development
Jun 30, 2020
—
1231 Booth Tower LLC
—
Deed
related
$2,165,200 · Zions Bancorporation
Oct 23, 2019
—
1231 Booth Tower LLC
Monroe L JR
Quit Claim Deed
related
—
Oct 23, 2019
$2,212,500
1231 Booth Tower LLC
Monroe L JR
Grant Deed
$1,770,000 · Colony Bk
Jul 28, 2017
—
Monroe L Sharaf JR
—
Deed
related
$625,000 · Branch Bk&tr
Feb 3, 2014
$805,000
Monroe L Sharaf JR.
Barreras,anthony D
Grant Deed
$563,500 · Branch Banking & Trust Co
—
—
Anthony D Barreras
—
Deed Of Trust
related
—
—
—
Anthony D Barreras
—
Deed Of Trust
related
$150,000 · State Farm Financial Svcs Fsb
—
—
Monroe L Sharaf JR
—
Deed Of Trust
related
$625,000 · Branch Bk&tr
—
—
Barreras,anthony D
—
Deed Of Trust
related
$150,000 · State Farm Bk
—
—
Barreras,anthony D
—
Deed Of Trust
related
$122,900 · Southern Cmnty 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.
Try Rey
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