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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Warehouses
1562 Forrest Ave East Point, GA 30344
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4703839
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1930
Construction
WOOD
Total area
32,978 SF
Lot
2.03 ac (88,253 SF)
Zoning code
CR
APN
14 0156 LL0343
UPID
US22-4703839
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
$2.35M
Blend (final)
Blend
$1.73M
Owner & transaction history
Diamond Cm Capital LLC · 3 yrs held
Diamond Cm Capital LLC
since 2022
7 recorded transactions
Zoning & alternative use
CR · East Point, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±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
$52 / 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
$6,994
Tax year 2023
Assessed value
$247,800
Assessed 2024
Previous assessed
$247,800
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$208,640
Assessed improvement
$39,160
Land market value
$521,600
Improvement market value
$97,900
Total market value
$619,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
32,978 SF
Lot
2.03 ac (88,253 SF)
Zoning code
CR
APN
14 0156 LL0343
UPID
US22-4703839
Jurisdiction
FULTON
Zoning & alternative use
CR · East Point, GA
Zoning CR · permitted uses
CR · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
Diamond Cm Capital LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5790 POWERS FRY RD, ATLANTA, GA 30327-4328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2022
$900,000
Diamond Cm Capital LLC
Jefferson Station Annex LLC
Warranty Deed
—
Aug 12, 2022
—
Diamond Cm Capital LLC
Jefferson Station Annex LLC
Warranty Deed
—
Aug 2, 2013
—
Jefferson Station Annex LLC
Gardencraft INC
Grant Deed
related
—
Mar 27, 2013
$225,000
Gardencraft INC
Prewett,ronnie M
Trustees Deed
—
Jan 21, 2004
$175,000
Prewett,ronnie M
Prewett,garry L
Warranty Deed
related
—
—
—
Ronnie M Prewett
—
Deed Of Trust
related
$400,000 · Wachovia Bank NA
—
—
Jefferson Station Annex LLC
—
Loan Modification
related
—
—
—
Jefferson Station East Pt LLC
—
Loan Modification
related
—
—
—
Jefferson Station Annex LLC
—
Loan Modification
related
—
—
—
Prewett,ronnie M
—
Deed Of Trust
related
$400,000 · Wachovia Bk/ga
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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