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Property profile & analytics
OFF-MARKET
Estimated value
$15,205,000
Office buildings
1500 Ctr Pkwy, East Point, GA 30344-8152
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2003830
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Construction
WOOD
Total area
91,660 SF
Lot
8.21 ac (357,715 SF)
APN
14F0001 LL0252
UPID
US22-2003830
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
$20.14M
Comparable Approach
Comparable
$9.52M
Blend (final)
Blend
$15.21M
Owner & transaction history
Egp 1500 Atlanta LLC · 2 yrs held
Egp 1500 Atlanta LLC
since 2023
Last sale
$16.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$24.9M
+16.3%
Medical building
$24.9M
+16.1%
Auto repair, garage
$23.3M
+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
$15,370,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,820,000
6.5%
$20,140,000
7%
$18,705,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,460,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$24,945,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$24,920,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$23,275,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$20,435,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$15.21M
Range $13.68M – $16.73M · ±10% · vs last sale $15.96M (Oct 5 2023)
Last sale anchor
$15.96M
Oct 5 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
$166 / 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
$112,551
Tax year 2023
Assessed value
$3,387,440
Assessed 2023
Previous assessed
$2,700,000
+25.5% YoY
Effective rate
3.32%
On assessed value
Assessed land
$209,800
Assessed improvement
$3,177,640
Land market value
$524,500
Improvement market value
$7,944,100
Total market value
$8,468,600
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
2008
Construction
WOOD
Heating
NONE
Stories
1
Total area
91,660 SF
Lot
8.21 ac (357,715 SF)
APN
14F0001 LL0252
UPID
US22-2003830
Jurisdiction
FULTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$21.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.9M
MEDICAL BUILDING
Est. value
$24.9M
AUTO REPAIR, GARAGE
Est. value
$23.3M
INDUSTRIAL (GENERAL)
Est. value
$20.4M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2008
Construction
WOOD
Heating
NONE
Stories
1
Lot
8.21 ac
Current owner
From public records · entity-resolved
Egp 1500 Atlanta LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2001 K ST NWSY, WASHINGTON, DC 20006-1037
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2023
$15,959,776
Egp 1500 Atlanta LLC
Hksg Camp Creek LLC
Warranty Deed
—
Oct 31, 2018
$6,750,000
Hksg Camp Creek LLC
Duke Realty LP
Grant Deed
$9,435,000 · Angel Oak Com'l Bridge 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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