Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
1371 Ralph David Abernathy SW Blvd Atlanta, GA 30310
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1619189
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Construction
WOOD
Total area
2,244 SF
Lot
0.05 ac (2,134 SF)
Zoning code
R5
APN
14 014000070120
UPID
US22-1619189
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ernestine Properties LLC · 8 yrs held
Ernestine Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
R5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$148,720
Assessed 2023
Previous assessed
$148,720
+0.0% YoY
Assessed land
$123,480
Assessed improvement
$25,240
Land market value
$308,700
Improvement market value
$63,100
Total market value
$371,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,244 SF
Lot
0.05 ac (2,134 SF)
Zoning code
R5
APN
14 014000070120
UPID
US22-1619189
Jurisdiction
FULTON
Zoning & alternative use
R5 · Atlanta, GA
Zoning R5 · permitted uses
R5 · 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.
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Ernestine Properties LLC
Entity
Mailing address
PO BOX 1233, FAIRBURN, GA 30213-8003
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2017
—
Ernestine Properties LLC
Grace Land Georgia LLC
Quit Claim Deed
related
—
Sep 21, 2017
—
Grace Land Georgia LLC
Abebe & Co LLC
Quit Claim Deed
related
—
Sep 21, 2017
$540,000
Grace Land Georgia LLC
Abebe & Co LLC
Grant Deed
—
Sep 21, 2016
—
Abebe & Co LLC
—
Deed
related
$132,000 · Allen Freedman
Jul 21, 2015
—
Abebe & Co LLC
Liu & Liu LLC
Quit Claim Deed
related
$160,000 · Allen Freedman
Apr 22, 2013
—
Abebe & Co LLC
Liu & Liu LLC
Quit Claim Deed
related
$60,000 · Liu & Liu LLC
Apr 22, 2013
$75,000
Abebe & Co LLC
Liu & Liu LLC
Grant Deed
—
Mar 5, 2007
—
Liu Liu LLC
Liu,louis S
Quit Claim Deed
related
—
—
—
Abebe & Co LLC
—
Deed Of Trust
related
$203,500 · Allen Freedman
—
—
Abebe & Co LLC
—
Deed Of Trust
related
$132,000 · Allen Freedman
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1371 Ralph David Abernathy SW Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
