New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Garden apartment buildings
1507 Pne Dr, Atlanta, GA 30349-6169
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1657841
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Total area
212 SF
Lot
20.18 ac (878,867 SF)
Zoning code
RM
APN
13-090D- B-008
UPID
US22-1657841
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
-
The Enclave at Riverdale Apartments Apartment Complex Apartment Building
-
AJANEL CREATIING EVENTS Marketing & Advertising Event Planning
-
Ignite Your Destiny Consulting Consultant
-
Mask Your Aid (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
Lunkii & Associates Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Enclave Residences LP · 10 yrs held
Enclave Residences LP
since 2015
6 recorded transactions
Zoning & alternative use
RM · 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
$4,976 / 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
$265,282
Tax year 2024
Assessed value
$6,800,000
Assessed 2024
Previous assessed
$6,800,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$524,560
Assessed improvement
$6,275,440
Land market value
$1,311,400
Improvement market value
$15,688,600
Total market value
$17,000,000
Applied tax rate
8.0000
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
1988
Heating
NONE
Total area
212 SF
Lot
20.18 ac (878,867 SF)
Zoning code
RM
APN
13-090D- B-008
UPID
US22-1657841
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Atlanta, GA
Zoning RM · permitted uses
RM · 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
1988
Heating
NONE
Lot
20.18 ac
Current owner
From public records · entity-resolved
Enclave Residences LP
Entity
Free & Clear · 10 yrs held
Mailing address
2500 N MILITARY TRL STE #285, BOCA RATON, FL 33431-6322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2015
—
Enclave Residences LP
Scarlet Pine Drive R/e LLC
Quit Claim Deed
related
—
Dec 4, 2015
$9,106,000
Enclave Residences LP
Scarlet Pine Drive R/e LLC
Grant Deed
$16,765,000 · Citibank
Jan 22, 2013
$3,800,000
Scarlet Pine Drive R/e LLC
Rivermont Georgia LLC
Trustees Deed
related
—
Apr 27, 2005
$7,450,000
Rivermont Georgia LLC
Thomas Maple Springs
Grant Deed
—
Apr 27, 2005
—
Rivermont Georgia LLC
Thomas Maple Springs
Quit Claim Deed
related
$7,000,000 · Gmac Com'l Mtg
—
—
Enclave Residences LP
—
Deed Of Trust
related
$2,000,000 · Canadian Imperial Bk/commerc
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 1507 Pne Dr?
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.
