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

    1491 Howell Ml NW Rd Atlanta, GA 30318-4223

    • Auto shops
    • 6,420 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    $985,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1742766
    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

    • Crash Champions Howell Mill (formerly Bavarian Body Works) / Auto Repair Shop

    Property Details for 1491 Howell Ml NW Rd

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Property size
    6,420 SF
    Zone code
    I1
    Property type
    Auto shops
    APN
    17 015100010166
    APU
    17015100010166

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $939,000
      Market price range: $407k - $1.27M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,565,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4151
    Latitude
    33.7954
    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
    $338,000
    $95,600
    $433,600
    -
    $845,000
    $239,000
    $1,084,000

    Comparable in this City

    • Value Estimation by Request
      2,716 SF

      679 Cameron Madison Alexander Blvd

      Automotive properties • 2,716 SF
      679 Cameron Madison Alexander Blvd, Atlanta, GA 30318
      View Details
    • Value Estimation by Request
      1,944 SF

      2520 Donald Lee Hollowell NW Pkwy

      AUTO REPAIR, GARAGE • 1,944 SF
      2520 Donald Lee Hollowell NW Pkwy, Atlanta, GA 30318-8315
      View Details
    • Value Estimation by Request
      4,896 SF

      1180 Marietta NW St

      AUTO REPAIR, GARAGE • 4,896 SF
      1180 Marietta NW St, Atlanta, GA 30318-4960
      View Details
    • Value Estimation
      $1,315,000
      12,240 SF

      1921 Howell Ml NW Rd

      AUTO REPAIR, GARAGE • 12,240 SF
      1921 Howell Ml NW Rd, Atlanta, GA 30318-2513
      View Details
    • Value Estimation
      $1,160,000
      8,622 SF

      1689 Howell Ml NW Rd

      AUTO REPAIR, GARAGE • 8,622 SF
      1689 Howell Ml NW Rd, Atlanta, GA 30318-7659
      View Details
    • Value Estimation by Request
      1,848 SF

      730 Donald Lee Hollowell NW Pkwy

      AUTO REPAIR, GARAGE • 1,848 SF
      730 Donald Lee Hollowell NW Pkwy, Atlanta, GA 30318-6702
      View Details

    Similar Nearby for Sale

    • $999,900
      5,600 SF

      Atlanta Commercial Property with Redevelopment Potential

      Two-building commercial property with investment and redevelopment opportunities in Atlanta.
      2667 Donald Lee Hollowell Pkwy, Atlanta, GA 30318
      View Details
    • $999,900
      5,600 SF

      Atlanta Commercial Property with Redevelopment Potential

      Two-building commercial property with retail and automotive spaces on half-acre lot.
      2667 Donald Lee Hollowell Pkwy, Atlanta, GA 30318
      View Details
    • Contact for pricing
      0.89 Acres

      Prime Atlanta Bishop Street Property

      0.89-acre development site, I-1 zoning.
      489 Bishop St, Atlanta, GA 30318
      View Details
    • $5,750,000
      2,500 SF

      Atlanta Starbucks Ground Lease

      Prime QSR, 20-year lease, high ROI.
      2414 Marietta Blvd, Atlanta, GA 30318
      View Details
    • $350,000
      7,000 SF

      Midtown Atlanta Ga

      Restaurants • 7,000 SF
      0 Midtown Atlanta Ga, Atlanta, GA 30318
      View Details
    • Contact for pricing
      5,846 SF

      Prime Atlanta Restaurant Space

      Atlanta Retail Opportunity: High-Traffic Location
      288 14Th St, Atlanta, GA 30318
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Midtown Parking and Retail

      Sublease, ground lease, or build-to-suit opportunity in West Midtown.
      1042 Northside Dr NW, Atlanta, GA 30318
      View Details
    • $2,500 /Mo
      21,780 SF

      Half-Acre Lot Ideal for Parking

      Half-acre lot for secure parking or storage in Atlanta.
      2342 Bolton Rd NW, Atlanta, GA 30318
      View Details
    • Contact for pricing
      4,065 SF

      Modern Office with Secure Parking

      Office space with private parking and retail visibility.
      878 3Rd St NW, Atlanta, GA 30318
      View Details
    • $2,500 /Mo
      21,780 SF

      Half-Acre Commercial Lot Available

      Secure, fenced half-acre lot suitable for parking or storage.
      2342 Bolton Rd, Atlanta, GA 30318
      View Details
    • $20 SF/Yr
      28,085 SF

      Upscale Atlanta Retail Space

      Prime Upper Westside location, 28,085 sqft.
      1735 De Foor Pl, Atlanta, GA 30318
      View Details
    • Contact for pricing
      1,612 SF

      Retail Space in Westside Village

      Located in Atlanta's Upper Westside, a growing submarket.
      2250 Marietta Blvd NW, Atlanta, GA 30318
      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.
    1491 Howell Ml NW Rd
    Atlanta, GA 30318-4223
    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.