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Property profile & analytics
OFF-MARKET
Estimated value
$12,240,000
Garden apartment buildings
1241 James Jackson NW Pkwy Atlanta, GA 30318
Entity Owned
1-yr Hold
Property ID
US22-1425045
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2002
Construction
WOOD
Total area
34,464 SF
Lot
17.43 ac (759,251 SF)
Zoning code
C1
APN
17 025800030356
UPID
US22-1425045
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
$9.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.72M
Blend (final)
Blend
$12.24M
Owner & transaction history
12th & James LLC · 1 yrs held
12th & James LLC
since 2025
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, 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
Method
Estimation
Statistic approach
$14,300,000
ML approach
$9,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$19,780,000
Current use
RESTAURANT
$18,740,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$12.24M
Range $11.02M – $13.46M · ±10% · vs last sale $17.00M (Dec 1 2023)
Last sale anchor
$17.00M
Dec 1 2023
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
$355 / 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
$276,386
Tax year 2023
Assessed value
$6,676,000
Assessed 2023
Previous assessed
$6,676,000
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$856,000
Assessed improvement
$5,820,000
Land market value
$2,140,000
Improvement market value
$14,550,000
Total market value
$16,690,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Units
24
Bathrooms
7
Total area
34,464 SF
Lot
17.43 ac (759,251 SF)
Zoning code
C1
APN
17 025800030356
UPID
US22-1425045
Jurisdiction
FULTON
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · 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
$19.8M
RESTAURANT
Est. value
$18.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
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
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
24
Bathrooms
7
Lot
17.43 ac
Current owner
From public records · entity-resolved
12th & James LLC
Entity
Mailing address
1241 JAMES JACKSON PKWY NW, ATLANTA, GA 30318
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
12th & James LLC
Atlanta Stillwater LLC
Quitclaim Deed
—
Jun 30, 2025
$39,000,000
12th & James LLC
Atlanta Stillwater LLC
Warranty Deed
$29,148,000 · Jll Real Estate Capital
Dec 1, 2023
—
Georgia State Dept Of Transportatio
Mae Fannie
Quit Claim Deed
related
—
Jul 7, 2021
—
Atlanta Stillwater LLC
—
Deed
related
$154,792,992 · Walker And Dunlop
Jan 2, 2019
$17,000,000
Deancurt Atlanta III LLC
Augusta Hills Apartments I LP
Grant Deed
$18,000,000 · Td Bk NA
Jan 2, 2019
—
Deancurt Atlanta III LLC
Augusta Hills Apartments I LP
Quit Claim Deed
related
—
—
—
Augusta Hills Apartments I LP
—
Deed Of Trust
related
$9,943,100 · Cw Capital
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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