Add Listing
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

    1556 Phoenix Blvd Atlanta, GA 30349-5504

    • Motels
    • 9,898 SF
    • 1.45 lot acres
    OFF-MARKET
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1251770
    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

    • SKY POINT HOTEL & SUITES - ATLANTA AIRPORT / Hotel & Motel
    • One Stop Parking / Parking Lot & Garage
    • Luxury Remote Rentals / Car Rental Facility
    • Best Western Atlanta Airport South / Hotel & Motel

    Property Details for 1556 Phoenix Blvd

    Year built
    2000
    Lot size
    1.45 lot acres
    Property size
    9,898 SF
    Zone code
    C
    Property type
    Motels
    APN
    13-071B- B-002
    APU
    13071BB002

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $845,000
      6.5%
      $780,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $582,000
      Market price range: $67.7k - $663k

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4402
    Latitude
    33.614
    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
    2024
    $59,183
    $63,040
    $1,683,480
    $1,746,520
    -
    $157,600
    $4,208,700
    $4,366,300

    Comparable in this City

    • Value Estimation
      $890,000
      13,587 SF

      1540 Phoenix Blvd

      MOTEL • 13,587 SF
      1540 Phoenix Blvd, Atlanta, GA 30349-5504
      View Details
    • Value Estimation
      $4,375,000
      42,758 SF

      2450 Old National Pkwy

      MOTEL • 42,758 SF
      2450 Old National Pkwy, Atlanta, GA 30349-3268
      View Details
    • Value Estimation
      $2,195,000
      43,263 SF

      2451 Old National Pkwy

      MOTEL • 43,263 SF
      2451 Old National Pkwy, Atlanta, GA 30349-3247
      View Details
    • Value Estimation
      $2,910,000
      45,419 SF

      2480 Old National Pkwy

      MOTEL • 45,419 SF
      2480 Old National Pkwy, Atlanta, GA 30349-3268
      View Details
    • Value Estimation by Request
      2.29 Acres

      Atlanta Airport

      Motels • 2.29 Acres
      0 Atlanta Airport, Union City, GA 30349
      View Details
    • Value Estimation
      $2,540,000
      24,876 SF

      5021 Old National Hwy

      MOTEL • 24,876 SF
      5021 Old National Hwy, Atlanta, GA 30349-3215
      View Details

    Similar Nearby for Sale

    • $2,472,960
      154.56 Acres

      Large Assemblage in South Fulton

      Over 154 acres in Atlanta's South Fulton County.
      W Stubbs Rd, Atlanta, GA 30349
      View Details
    • $6,200,000
      82.00 Acres

      Atlanta Residential Land - 82 Acres

      Prime South Fulton development opportunity.
      5070 Derrick Rd, Atlanta, GA 30349
      View Details
    • $290,000
      0.29 Acres

      Turnkey Atlanta Multifamily Investment Opportunity

      Four properties offered as a portfolio near College Park, GA.
      6585 Buckhurst Trl, Atlanta, GA 30349
      View Details
    • $87,900
      1.10 Acres

      Residential Land in Atlanta, GA

      1.1-acre lot ideal for building a dream home.
      3560 Union Rd SW, Atlanta, GA 30349
      View Details
    • $7,110,000
      26.33 Acres

      Atlanta Mixed-Use Land Opportunity

      26.33 Acres, Prime Location, $7.1M
      0 Derrick Rd, Atlanta, GA 30349
      View Details
    • $86,500
      1.07 Acres

      Residential Lot in South Fulton

      Prime 1+ acre residential lot in rapidly transforming area.
      4386 Old Fairburn Rd, Atlanta, GA 30349
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      5,967 SF

      Industrial Space with Office

      Available space in Atlanta with dock-high and drive-in doors.
      5136 Southridge Pkwy, Atlanta, GA 30349
      View Details
    • Contact for pricing
      210,000 SF

      Majestic Airport Center IV - Building 4

      210,000 SF Warehouse, South Fulton, GA
      0 Fulton Pkwy @ Derrick Rd, South Fulton, GA 30349
      View Details
    • $13 SF/Yr
      4,853 SF

      Warehouse Near Atlanta Airport

      Warehouse space offering immediate access to Atlanta Airport.
      4799 Aviation Pkwy, Atlanta, GA 30349
      View Details
    • $8 SF/Yr
      66,924 SF

      College Park Restaurant - Great Location

      8,381 SF Restaurant, High Traffic Area
      5495 Old National Hwy, College Park, GA 30349
      View Details
    • $14 SF/Yr
      39,533 SF

      Atlanta Office Suite - Prime Location

      2,624 sq ft Office Space Available Now
      503 Oak Pl, Atlanta, GA 30349
      View Details
    • Contact for pricing

      213,580 SF Warehouse Space

      Available for lease: 213,580 SF warehouse in South Fulton.
      4105 Roosevelt Hwy, Atlanta, GA 30349
      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.
    1556 Phoenix Blvd
    Atlanta, GA 30349-5504
    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.
    Sign Up Successful!
    You now have access to more from Realmo!