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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Motels
1360 Virginia Ave East Point, GA 30344-5227
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-0835332
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1966
Total area
20,248 SF
Lot
0.75 ac (32,670 SF)
Zoning code
C2
APN
14 013000110563
UPID
US22-0835332
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$1.03M
Owner & transaction history
Luv INC · 9 yrs held
Luv INC
since 2016
6 recorded transactions
Zoning & alternative use
C2 · East Point, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$51 / 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
$61,963
Tax year 2023
Assessed value
$1,864,880
Assessed 2023
Previous assessed
$706,480
+164.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$118,200
Assessed improvement
$1,746,680
Land market value
$295,500
Improvement market value
$4,366,700
Total market value
$4,662,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
75
Total area
20,248 SF
Lot
0.75 ac (32,670 SF)
Zoning code
C2
APN
14 013000110563
UPID
US22-0835332
Jurisdiction
FULTON
Zoning & alternative use
C2 · East Point, GA
Zoning C2 · permitted uses
C2 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
75
Lot
0.75 ac
Current owner
From public records · entity-resolved
Luv INC
Entity
Mailing address
1360 VIRGINIA AVE, EAST POINT, GA 30344-5227
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2017
—
Luv INC
—
Deed
related
$1,500,000 · First Intercontinental Bank
Nov 23, 2016
—
Luv INC
—
Deed
related
$700,000 · Sai Baba Lodging LLC
Aug 22, 2016
—
Luv INC
Sai Baba Lodging LLC
Quit Claim Deed
related
$1,545,000 · First Intercontinental Bank
Mar 19, 2004
$3,200,000
Sai Baba Lodging LLC
Virginia Avenue Lodge LLC
Grant Deed
$1,635,000 · Branch Bk&tr/nc
—
—
Sai Baba Lodging LLC
—
Loan Modification
related
$1,635,000 · Summitbridge Nat'l Inv
—
—
Luv INC
—
Deed Of Trust
related
$700,000 · Sai Baba Lodging LLC
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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