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Property profile & analytics
OFF-MARKET
Estimated value
$10,090,000
Hotels
1255 Walker Ave East Point, GA 30344-5014
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3614737
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Total area
48,283 SF
Lot
0.79 ac (34,369 SF)
APN
14 013000011001
UPID
US22-3614737
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
$10.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.75M
Blend (final)
Blend
$10.09M
Owner & transaction history
Universal Lodging 1 LLC · 6 yrs held
Universal Lodging 1 LLC
since 2020
Last sale
$10.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.1M
+24.8%
Medical building
$13.1M
+24.6%
Auto repair, garage
$12.3M
+16.4%
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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$9,535,000
ML approach
$10,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$10,535,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,140,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$13,125,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,260,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$11,305,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,765,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$10.09M
Range $9.08M – $11.10M · ±10% · vs last sale $10.30M (Mar 11 2020)
Last sale anchor
$10.30M
Mar 11 2020
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
$209 / 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
$102,617
Tax year 2023
Assessed value
$3,635,560
Assessed 2023
Previous assessed
$1,440,000
+152.5% YoY
Effective rate
2.82%
On assessed value
Assessed land
$161,040
Assessed improvement
$3,474,520
Land market value
$402,600
Improvement market value
$8,686,300
Total market value
$9,088,900
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Units
85
Total area
48,283 SF
Lot
0.79 ac (34,369 SF)
APN
14 013000011001
UPID
US22-3614737
Jurisdiction
FULTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$10.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$12.3M
OFFICE BUILDING
Est. value
$11.3M
INDUSTRIAL (GENERAL)
Est. value
$10.8M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (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
2001
Heating
NONE
Stories
1
Units
85
Lot
0.79 ac
Current owner
From public records · entity-resolved
Universal Lodging 1 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1 HAWKS PERCH WAY, SIMPSONVILLE, SC 29681-5793
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
—
Universal Lodging 1 LLC
Quantum Natl Bk
Quit Claim Deed
related
—
Mar 18, 2020
—
Heri Aum LLC
Universal Lodging 1 LLC
Quit Claim Deed
related
—
Mar 18, 2020
$10,300,000
Heri Aum LLC
Universal Lodginig 1 LLC
Grant Deed
$3,207,300 · Other Institutional Lenders
—
—
Heri Aum LLC
—
Deed Of Trust
related
$3,297,000 · Florida Busn Dev
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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