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Property profile & analytics
FOR SALE
Office buildings
1590 Adamson Pkwy Morrow, GA 30260
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1536729
For Sale
1 / 18
$1,990,000
1590 Adamson Pkwy, Morrow, GA 30260
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
81,273 SF
Lot
4.7 ac (204,688 SF)
Zoning code
C
APN
12-114C- B-003
UPID
US22-1536729
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
-
Amadi Hall Physician
-
TST Tax Services Tax Preparation
-
Emory Rehabilitation Outpatient Center - Morrow Medical Clinic
-
First Priority Benefits Insurance Agency
-
Pinnacle Autism Services Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
1590 Adamson LLC · 2 yrs held
1590 Adamson LLC
since 2023
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
C · Morrow, 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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
$2,115,000
ML approach
$2,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±10% · vs last sale $1.85M (Aug 22 2023)
Last sale anchor
$1.85M
Aug 22 2023
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
$24 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$80,181
Tax year 2024
Assessed value
$2,225,840
Assessed 2024
Previous assessed
$2,275,720
-2.2% YoY
Effective rate
3.60%
On assessed value
Assessed land
$122,800
Assessed improvement
$2,103,040
Land market value
$307,000
Improvement market value
$5,257,600
Total market value
$5,564,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1989
Heating
NONE
Total area
81,273 SF
Lot
4.7 ac (204,688 SF)
Zoning code
C
APN
12-114C- B-003
UPID
US22-1536729
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GA
Zoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Lot
4.7 ac
Current owner
From public records · entity-resolved
1590 Adamson LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1416 EL CENTRO ST #200, SOUTH PASADENA, CA 91030-3202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2023
$3,999,000
1590 Adamson LLC
Morrow Ga Investors LLC
Trustees Deed
related
—
Jun 4, 2019
$3,232,345
Morrow Ga Investors LLC
Morrow Ga Investors LLC|skymark Properties III LLC
Trustees Deed
related
—
Oct 6, 2014
$1,850,000
Skymark Properties III LLC
Flagstar Bk Fsb
Grant Deed
—
Oct 6, 2014
—
Skymark Properties III LLC
Flagstar Bk Fsb
Quit Claim Deed
related
$1,500,000 · Equity Secured Cap LP
Dec 7, 2012
—
Flagstar Bk Fsb
Perimeter Park INC
Deed In Lieu Of Foreclosure
related
—
—
—
Morrow Ga Investors LLC
—
Deed Of Trust
related
$2,400,000 · Private Individual
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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