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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Office buildings
1445 Cleveland Ave East Point, GA 30344-6959
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-2073262
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Construction
STEEL FRAME
Total area
7,500 SF
Lot
1.51 ac (65,732 SF)
Zoning code
R1
APN
14 013200011165
UPID
US22-2073262
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
$1.65M
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$255k
Owner & transaction history
Aetc INC · 8 yrs held
Aetc INC
since 2018
3 recorded transactions
Zoning & alternative use
R1 · East Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R1 District encompasses lands devoted to low density residential areas and closely related uses or as a use allowed by Administrative Permit or Use Permit and intended to promote single family detached dwelling.
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,379.06 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.9M
+8.5%
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%
$1,785,000
6.5%
$1,650,000
7%
$1,530,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,755,000
Current use
AUTO REPAIR, GARAGE
$1,905,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,670,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
$34 / 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
$8,747
Tax year 2023
Assessed value
$309,880
Assessed 2023
Previous assessed
$309,880
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$207,200
Assessed improvement
$102,680
Land market value
$518,000
Improvement market value
$256,700
Total market value
$774,700
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
7,500 SF
Lot
1.51 ac (65,732 SF)
Zoning code
R1
APN
14 013200011165
UPID
US22-2073262
Jurisdiction
FULTON
Zoning & alternative use
R1 · East Point, GAZoning R1 · permitted uses
R1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R1 District encompasses lands devoted to low density residential areas and closely related uses or as a use allowed by Administrative Permit or Use Permit and intended to promote single family detached dwelling.
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,379.06 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1989
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Aetc INC
Entity
Mailing address
1453 CLEVELAND AVE, EAST POINT, GA 30344-6959
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2018
$1,400,000
Aetc INC
Simpson,loretta
Grant Deed
$1,190,000 · Brand Bkng
Jun 19, 2014
$250,000
Loretta Mccurry
Southeastern R/e Dev LLC
Grant Deed
$190,000 · United Bank
Feb 21, 2013
$525,000
Southeastern R/e Dev LLC
Young,thomas F III
Trustees Deed
—
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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