New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,260,000
Garden apartment buildings
1466 Rockcut Rd, Forest Park, GA 30297-3680
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1330176
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
108 SF
Lot
9.72 ac (423,403 SF)
Zoning code
C
APN
12-240B- B-029
UPID
US22-1330176
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
-
TC Live Training Dental Implant Courses Dental Office Vocational School
-
Smoke DA City (Bike/Boat/Book/etc) Store
-
Copa Parque Apartment Homes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.19M
Blend (final)
Blend
$10.26M
Owner & transaction history
1466 Willow Park Property LLC · 3 yrs held
1466 Willow Park Property LLC
since 2023
Last sale
$10.3M
7 recorded transactions
Zoning & alternative use
C · Forest Park, 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$11,770,000
ML approach
$8,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.26M
Range $9.23M – $11.29M · ±10% · vs last sale $10.30M (Mar 31 2023)
Last sale anchor
$10.30M
Mar 31 2023
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
$95,000 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$118,544
Tax year 2024
Assessed value
$3,400,000
Assessed 2024
Previous assessed
$3,400,000
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$179,360
Assessed improvement
$3,220,640
Land market value
$448,400
Improvement market value
$8,051,600
Total market value
$8,500,000
Applied tax rate
3.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Heating
NONE
Total area
108 SF
Lot
9.72 ac (423,403 SF)
Zoning code
C
APN
12-240B- B-029
UPID
US22-1330176
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
9.72 ac
Current owner
From public records · entity-resolved
1466 Willow Park Property LLC
Entity
Mailing address
1012 BEARGLADES LN, RALEIGH, NC 27615-1683
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 31, 2023
$10,300,000
1466 Willow Park Property LLC
Willow Park Apartments Ga LLC
Limited Warranty Deed
—
Dec 31, 2020
—
Willow Park Apartments Ga LLC
1466 Rockcut Road LLC
Quit Claim Deed
related
—
Dec 30, 2020
$8,150,000
Willow Park Apartments Ga LLC
1466 Rockcut Road LLC
Warranty Deed
$6,704,000 · Arbor Commercial Funding I
Jun 1, 2018
—
1466 Rockcut Road LLC
—
Deed
related
$3,475,000 · Arbor Agcy Lndg LLC
Sep 16, 2016
—
1466 Rockcut Road LLC
—
Deed
related
$2,240,000 · Arbor Commercial Funding I
Aug 28, 2013
—
Willow Park Georgia LLC
Triumph Capital LLC
Quit Claim Deed
related
—
Nov 28, 2012
—
Triumph Capital LLC
Kinecta FCU
Grant Deed
related
—
Jul 3, 2012
$1,650,000
Kinecta FCU
Y & H Investments INC
Trustees Deed
related
—
—
—
Willow Park Georgia LLC
—
Deed Of Trust
related
$1,260,000 · Velocity Com'l Cap
—
—
1466 Rockcut Road LLC
—
Deed Of Trust
related
$3,475,000 · Arbor Agcy Lndg 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.
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 1466 Rockcut Rd?
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.
