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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1596 Lavista NE Rd Atlanta, GA 30329-3445

    • Office buildings
    • 2,648 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1598173
    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

    • Slappey & Sadd LLC / Law Firm
    • Continental Imports / Auto Parts Store

    Property Details for 1596 Lavista NE Rd

    Year built
    1958
    Construction
    WOOD FRAME
    Lot size
    0.35 lot acres
    Property size
    2,648 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    18 109 02 067
    APU
    1810902067

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $630,000
      6.5%
      $580,000
      7%
      $540,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $620,000
      Current use
      COMMERCIAL (GENERAL)
      $745,000
      Change: +20% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $720,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $720,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $670,000
      Change: +8% Conversion: Difficult
      RETAIL STORES
      $595,000
      Change: -4% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.3363
    Latitude
    33.8154
    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
    $14,146
    $244,360
    $68,640
    $313,000
    -
    $610,900
    $171,600
    $782,500

    Comparable in this City

    • Value Estimation
      $4,220,000
      156,000 SF

      8 Corporate NE Blvd

      OFFICE BUILDING • 156,000 SF
      8 Corporate NE Blvd, Brookhaven, GA 30329-2020
      View Details
    • Value Estimation
      $1,210,000
      8,476 SF

      2021 Druid Hls NE Rd

      OFFICE BUILDING • 8,476 SF
      2021 Druid Hls NE Rd, Brookhaven, GA 30329-1832
      View Details
    • Value Estimation by Request
      4,055 SF

      1612 Nene NE Expy

      OFFICE BUILDING • 4,055 SF
      1612 Nene NE Expy, Brookhaven, GA 30329-2003
      View Details
    • Value Estimation
      $890,000
      3,654 SF

      3040 Briarcliff NE Rd

      OFFICE BUILDING • 3,654 SF
      3040 Briarcliff NE Rd, Atlanta, GA 30329-2602
      View Details
    • Value Estimation
      $1,400,000
      135,952 SF

      2801 Buford NE Hwy

      OFFICE BUILDING • 135,952 SF
      2801 Buford NE Hwy, Brookhaven, GA 30329-2149
      View Details
    • Value Estimation
      $4,010,000
      22,624 SF

      2250 Druid Hls NE Rd

      OFFICE BUILDING • 22,624 SF
      2250 Druid Hls NE Rd, Atlanta, GA 30329-3192
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Buford Hwy Mixed-Use Redevelopment

      Atlanta, GA: Prime Mixed-Use Opportunity
      2981 Buford Hwy, Atlanta, GA 30329
      View Details
    • Contact for pricing

      Freestanding Restaurant on Lavista Road

      2,957 SF restaurant with seating for 118, great visibility.
      1602 Lavista Rd, Atlanta, GA 30329
      View Details
    • $420,000
      1,716 SF

      Charming Townhome in Prime Location

      Spacious townhome with updates, oversized garage, and convenient access.
      1341 Sheffield Glen Way NE, Atlanta, GA 30329
      View Details
    • New
      $599,999
      0.48 Acres

      Classic Two-Story Brick Home

      Spacious home near MARTA, schools, shopping, parks, and trails.
      1740 Childerlee Ln NE, Atlanta, GA 30329
      View Details
    • Contact for pricing
      44,000 SF

      Atlanta Mixed-Use Redevelopment Opportunity

      High-traffic Buford Hwy location, 44,000 sq ft.
      2991 Buford Hwy, Atlanta, GA 30329
      View Details
    • $1,190,000

      Raw Land Near I-85

      Three acres of land in an industrial area near I-85.
      Buffington Rd, Atlanta, GA 30329
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      1,976 SF

      Executive Park Office Space Available

      Office and medical spaces for rent in a landscaped park.
      57 Executive Park Dr S, Atlanta, GA 30329
      View Details
    • $24 SF/Yr
      18,000 SF

      Atlanta Creative Office Space

      Brookhaven Office: 1,712 SF Available
      1706 Expressway, Atlanta, GA 30329
      View Details
    • $23 SF/Yr
      80,936 SF

      Prime Atlanta Executive Office Space

      Move-in ready suites, 175-14,810 sq ft.
      1190 Druid Hills Dr, Atlanta, GA 30329
      View Details
    • $24 SF/Yr
      80,936 SF

      Move-in Ready Office Space

      Customizable office space with excellent interstate access.
      1190 W Druid Hills Dr, Atlanta, GA 30329
      View Details
    • $24 SF/Yr
      113,820 SF

      Move-in Ready Office Space

      Customizable office space with efficient floor plans and natural light.
      2801 Buford Hwy, Atlanta, GA 30329
      View Details
    • $23 SF/Yr
      113,820 SF

      Prime Brookhaven Office Space

      Class A Office Suites, 1,643-5,247 SF
      2801 Buford Hwy, Brookhaven, GA 30329
      View Details
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    Atlanta, GA 30329-3445
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    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
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