Sign Up Successful!
You now have access to more from Realmo!
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

    157 Tradeport Dr Atlanta, GA 30354-3932

    • Office buildings
    • 43,000 SF
    • 8.32 lot acres
    OFF-MARKET
    Last Sale
    Jul 14, 2020
    $20,250,000
    Value Estimations
    $19,695,000
    Show details
    Cap Rate Potential
    3%
    Office buildings
    Location Intelligence
    Property ID
    US22-1704418
    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

    • U.S. Customs and Border Protection / Federal Government Office

    Property Details for 157 Tradeport Dr

    Year built
    1999
    Lot size
    8.32 lot acres
    Property size
    43,000 SF
    Zone code
    MVIMO
    Property type
    Office buildings
    APN
    13-021A- A-034
    APU
    13021AA034

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $20,455,000
      ML approach
      $9,240,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $17,413,000
      Market price range: $5.07M - $17.4M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $23,385,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3979
    Latitude
    33.6396
    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
    $154,419
    $1,330,720
    $2,627,520
    $3,958,240
    -
    $3,326,800
    $6,568,800
    $9,895,600

    Comparable in this City

    • Value Estimation
      $690,000
      193,760 SF

      700 Nn Central Ave

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 193,760 SF
      700 Nn Central Ave, Hapeville, GA 30354
      View Details
    • Value Estimation
      $505,000
      382,918 SF

      760 Doug Davis Dr

      OFFICE BUILDING (MULTI-STORY) • 382,918 SF
      760 Doug Davis Dr, Hapeville, GA 30354-7206
      View Details
    • Value Estimation
      $510,000
      6,352 SF

      3689 Un Ave

      OFFICE BUILDING (MULTI-STORY) • 6,352 SF
      3689 Un Ave, Hapeville, GA 30354-1723
      View Details
    • Value Estimation
      $540,000
      41,579 SF

      4245 International Pkwy

      OFFICE BUILDING (MULTI-STORY) • 41,579 SF
      4245 International Pkwy, Atlanta, GA 30354-3923
      View Details
    • Value Estimation
      $850,000
      294,898 SF

      1001 International Blvd

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 294,898 SF
      1001 International Blvd, Atlanta, GA 30354-1802
      View Details
    • Value Estimation
      $650,000
      181,806 SF

      3585 Atlanta Ave

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 181,806 SF
      3585 Atlanta Ave, Hapeville, GA 30354-1705
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      335,606 SF

      Hapeville Office Buildings and Land

      Two office buildings and land in revitalizing Hapeville, Georgia.
      3579-3585 Atlanta Ave, Hapeville, GA 30354
      View Details
    • Contact for pricing
      6,481 SF

      Atlanta Office Space For Sale

      6,481 SF office space with frontage visibility.
      3800 Browns Mill Rd SE, Atlanta, GA 30354
      View Details
    • $70,000
      0.34 Acres

      Residential Lot in Growing Atlanta

      0.34-acre residential lot in Atlanta's appreciating Hapeville area.
      2971 Hapeville Rd SW, Atlanta, GA 30354
      View Details
    • $475,000
      2.64 Acres

      Commercial Lots on Conley Road

      Three commercial lots with frontage on Conley Road in Atlanta.
      Conley Rd, Atlanta, GA 30354
      View Details
    • $469,000
      0.27 Acres

      Remodeled Duplex with Expansion Potential

      Renovated duplex in Hapeville near major Atlanta locations.
      3272 Wheeler St, Atlanta, GA 30354
      View Details
    • $500,000
      2,092 SF

      Hapeville Historic District Gem

      Charming 2,092 sq ft, prime location.
      679 Central Ave, Hapeville, GA 30354
      View Details

    Similar Nearby for Lease

    • $8,000 /Mo
      6,600 SF

      Renovated Office Suites in Hapeville

      Well-maintained office suites available for lease in Hapeville, Georgia.
      3578 S Fulton Ave, Hapeville, GA 30354
      View Details
    • $0.24 SF/Yr
      30,000 SF

      Atlanta Airport Executive Suites

      Premium office space near Hartsfield-Jackson.
      0 Hartsfield Jackson International Airport, Hapeville, GA 30354
      View Details
    • $22 SF/Yr
      11,526 SF

      Atlanta Airport Office Space

      Prestigious Airport Office Suites
      1000 Hartsfield Center Pkwy, Atlanta, GA 30354
      View Details
    • $10 SF/Yr
      25,377 SF

      Atlanta Industrial Flex Space

      25,377 SF Flex Space - I-75 Access
      281 Mount Zion Rd, Atlanta, GA 30354
      View Details
    • $12 SF/Yr
      16,130 SF

      Furnished Office Sublease Near Airport

      Fully furnished office space with immediate highway and airport access.
      4370 Old Dixie Rd, Atlanta, GA 30354
      View Details
    • Contact for pricing
      8,000 SF

      Hapeville Restaurant Spaces Available

      Prime Hapeville location, two spaces available.
      636 Central Ave, Hapeville, GA 30354
      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.
    157 Tradeport Dr
    Atlanta, GA 30354-3932
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.