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Property profile & analytics
OFF-MARKET
Industrial land
1546 Austin Dr Decatur, GA 30032-3840
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0060959
Property summary
AI-generated overview
This 1.09-acre Decatur, Georgia warehouse, built in 2011, presents a unique investment opportunity priced for a swift sale. Located at 1546 Austin Drive, 30032, this property offers significant potential for redevelopment. Currently zoned C1, it's ideally suited for various uses, including a small shopping center, office space, daycare facility, or even rezoning for townhomes or single-family residences. The property's strategic location near Covington Highway and Interstate 285 ensures excellent accessibility and visibility. Utilities are readily available at the roadside, simplifying development plans. Note that this is an estate sale, and the seller does not possess extensive property documentation; therefore, a quick closing is essential to secure this exceptional deal. The property's proximity to a gated community adds to its appeal. This is a rare chance to acquire a versatile property in a prime location at a highly competitive price. Act quickly to capitalize on this opportunity.
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.2 ac (52,272 SF)
Zoning code
OD
APN
15 196 09 003
UPID
US22-0060959
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fair Market Value LLC · 13 yrs held
Fair Market Value LLC
since 2013
3 recorded transactions
Zoning & alternative use
OD · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
—
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
$122
Tax year 2024
Assessed value
$2,800
Assessed 2024
Previous assessed
$2,800
+0.0% YoY
Effective rate
4.36%
On assessed value
Assessed land
$2,800
Land market value
$7,000
Total market value
$7,000
Applied tax rate
4.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Stories
1
Bathrooms
0
Lot
1.2 ac (52,272 SF)
Zoning code
OD
APN
15 196 09 003
UPID
US22-0060959
Jurisdiction
DE KALB
Zoning & alternative use
OD · Decatur, GAZoning OD · permitted uses
OD · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
1
Bathrooms
0
Lot
1.2 ac
Current owner
From public records · entity-resolved
Fair Market Value LLC
Entity
Free & Clear · 13 yrs held
Mailing address
3535 PEACHTREE RD NE STE #520, ATLANTA, GA 30326-3292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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 15, 2013
$7,000
Fair Market Value LLC
Srb Servicing LLC
Grant Deed
—
Oct 15, 2004
$3,096,000
Mccar Dev Corp
Emco Communities LLC
Grant Deed
—
Oct 15, 2004
—
Emco Communities LLC
Seven Smiths Investments
Quit Claim Deed
related
—
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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