Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1314 Murphy SW Ave Atlanta, GA 30310-4004

    • Industrial properties
    • 30,000 SF
    • 4.82 lot acres
    OFF-MARKET
    Last Sale
    Aug 31, 2021
    $6,020,000
    Value Estimations
    $6,120,000
    Show details
    Cap Rate Potential
    2.8%
    Industrial properties
    Location Intelligence
    Property ID
    US22-1319759
    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

    • VASSIC, LLC / Telecommunications Service Provider
    • Scenario Custom Scenery LLC / Interior Designer

    Property Details for 1314 Murphy SW Ave

    Year built
    1963
    Construction
    STEEL FRAME
    Lot size
    4.82 lot acres
    Property size
    30,000 SF
    Zone code
    I2
    Property type
    Industrial properties
    APN
    14 012000020673
    APU
    14012000020673

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,260,000
      ML approach
      $6,605,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,185,000
      Market price range: $2.47M - $16.1M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $6,690,000
      Current use
      COMMERCIAL (GENERAL)
      $8,430,000
      Change: +26% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $8,165,000
      Change: +22% Conversion: Difficult
      MEDICAL BUILDING
      $8,155,000
      Change: +22% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,620,000
      Change: +14% Conversion: Easy
      OFFICE BUILDING
      $7,025,000
      Change: +5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,945,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4228
    Latitude
    33.7189
    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
    $0.00
    $482,000
    $327,920
    $809,920
    -
    $1,205,000
    $819,800
    $2,024,800

    Comparable in this City

    • Value Estimation
      $570,000
      9,986 SF

      838 Warner SW St

      INDUSTRIAL (GENERAL) • 9,986 SF
      838 Warner SW St, Atlanta, GA 30310-3427
      View Details
    • Value Estimation by Request
      5,000 SF

      1910 Murphy SW Ave

      INDUSTRIAL (GENERAL) • 5,000 SF
      1910 Murphy SW Ave, Atlanta, GA 30310-4806
      View Details
    • Value Estimation
      $1,945,000
      28,730 SF

      1800 Murphy SW Ave

      INDUSTRIAL (GENERAL) • 28,730 SF
      1800 Murphy SW Ave, Atlanta, GA 30310-4802
      View Details
    • Value Estimation by Request
      7,750 SF

      944 Murphy SW Ave

      INDUSTRIAL (GENERAL) • 7,750 SF
      944 Murphy SW Ave, Atlanta, GA 30310-2837
      View Details
    • Value Estimation by Request
      3,780 SF

      985 Arden SW Ave

      INDUSTRIAL (GENERAL) • 3,780 SF
      985 Arden SW Ave, Atlanta, GA 30310-4111
      View Details
    • Value Estimation by Request
      12,884 SF

      804 Avon Ave

      Distribution properties • 12,884 SF
      804 Avon Ave, Atlanta, GA 30310
      View Details

    Similar Nearby for Sale

    • $1,950,000
      2.00 Acres

      Atlanta Industrial Land - 2 Acres

      Prime Atlanta industrial land, I-2 zoning.
      1161 Victory Dr, Atlanta, GA 30310
      View Details
    • $9,000,000

      Atlanta Industrial Flex Space Opportunity

      47,091 SF industrial flex space in Atlanta's West End.
      556 Tift St SW, Atlanta, GA 30310
      View Details
    • $5,950,000
      36,073 SF

      Industrial Property Near Interstates

      Industrial property with office space, drive-in doors, and dock positions.
      511 Stephens St, Atlanta, GA 30310
      View Details
    • $575,000
      3,780 SF

      Sylvan Hills Flex Space

      Flex space in Sylvan Hills neighborhood, close to Beltline Trail.
      985 Arden Ave SW, Atlanta, GA 30310
      View Details
    • $1,175,000
      1,500 SF

      Atlanta West End Rental Portfolio

      Four-unit rental portfolio, redevelopment opportunity.
      539 Hopkins St, Atlanta, GA 30310
      View Details
    • $3,200,000
      0.20 Acres

      Atlanta Restaurant & Bar Investment

      Prime Atlanta location, high potential
      790 Cascade Ave, Atlanta, GA 30310
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      220,792 SF

      Atlanta BeltLine Pad Sites

      5 prime acres, SW Atlanta BeltLine
      352 University Ave, Atlanta, GA 30310
      View Details
    • $12 SF/Yr
      13,359 SF

      Prime West End Atlanta Warehouse

      Newly Renovated Industrial Space, I-1 Zoning
      1320 White St, Atlanta, GA 30310
      View Details
    • Contact for pricing
      211,585 SF

      Atlanta Warehouse/Flex Space

      211,585 SF, Multiple Tenants, Atlanta West End
      1200 White St, Atlanta, GA 30310
      View Details
    • Contact for pricing
      212,690 SF

      Lee + White: Atlanta Office Space

      West End Atlanta: Prime Office & Retail
      929 White St, Atlanta, GA 30310
      View Details
    • $1,150 /Mo
      4,554 SF

      Atlanta Work-Play Commercial Space

      Live and work opportunity in the heart of Atlanta!
      1292 Ralph David Abernathy Blvd SW, Atlanta, GA 30310
      View Details
    • Contact for pricing
      3,340 SF

      Retail Space Available For Rent

      Retail space available for rent, totaling 3,340 square feet.
      1036-1070 White St SW, Atlanta, GA 30310
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1314 Murphy SW Ave
    Atlanta, GA 30310-4004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.