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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Specialty properties
1551 Perry NW Blvd Atlanta, GA 30318-4045
Individually Owned
6-yr Hold
Free & Clear
Property ID
US22-3725912
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2021
Total area
40,153 SF
Lot
5.07 ac (220,936 SF)
Zoning code
I2
APN
17 0224 LL0567
UPID
US22-3725912
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
-
Atlanta Humane Society Animal Shelter Pet Adoption Service
-
Alpharetta Web & SEO Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
Atlanta Humane Society Society For The Prevention · 6 yrs held
Atlanta Humane Society Society For The Prevention
since 2019
7 recorded transactions
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.0M
+47.4%
Commercial (general)
$4.4M
+31.3%
Restaurant
$4.3M
+27.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$3,375,000
Current use
OFFICE BUILDING
$4,975,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,430,000
Change: +31% · Conversion: Difficult
RESTAURANT
$4,300,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$2,935,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10%
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
$76 / 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
Assessed value
$8,731,920
Assessed 2023
Previous assessed
$2,284,600
+282.2% YoY
Assessed land
$821,720
Assessed improvement
$7,910,200
Land market value
$2,054,300
Improvement market value
$19,775,500
Total market value
$21,829,800
Applied tax rate
5.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
40,153 SF
Lot
5.07 ac (220,936 SF)
Zoning code
I2
APN
17 0224 LL0567
UPID
US22-3725912
Jurisdiction
FULTON
Zoning & alternative use
I2 · Atlanta, GA
Zoning I2 · permitted uses
I2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$3.4M
OFFICE BUILDING
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RESTAURANT
Est. value
$4.3M
RETAIL STORES
Est. value
$2.9M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
2021
Heating
NONE
Stories
1
Lot
5.07 ac
Current owner
From public records · entity-resolved
Atlanta Humane Society Society For The Prevention
Individual
Free & Clear · 6 yrs held
Mailing address
981 HOWELL ML RD NW, ATLANTA, GA 30318-5512
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2019
$3,500,000
Atlanta Humane Society Society For The Prevention
Rand Ents LLC
Grant Deed
—
Aug 20, 2019
—
Atlanta Humane Society Society For The Prevention
Rand Ents LLC
Quit Claim Deed
related
—
Aug 13, 2019
—
Rand Ents LLC
—
Trustees Deed
related
$175,500 · 1246 Portland LLC
Aug 8, 2019
—
D Rose INC
—
Trustees Deed
related
$185,000 · Bernson Group
Dec 13, 2017
—
Ddr Limited Co
—
Deed
related
$23,000 · Lagy Holdings
Oct 13, 2017
—
Rand Ents LLC
—
Deed
related
—
May 15, 2017
—
Rand Ents LLC
—
Trustees Deed
related
$25,646 · Signature Bk/ga
Sep 1, 2015
$565,000
Rand Ents LLC
Hudgins & Co INC
Grant Deed
$636,000 · Signature Bk/ga
—
—
Rand Ents LLC
—
Deed Of Trust
related
$110,000 · Douglas G Dewberry
—
—
Rand Ents LLC
—
Deed Of Trust
related
$67,000 · Melissa D Babcock
—
—
Rand Ents LLC
—
Loan Modification
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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