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

    16 Wm Holmes Borders SE Dr Atlanta, GA 30312-1726

    • Assisted living facilities
    • 27,728 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0862329
    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

    • Assisted living facilities

    Property Details for 16 Wm Holmes Borders SE Dr

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    27,728 SF
    Zone code
    HC20C
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    14 004500020071
    APU
    14004500020071

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $410,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $658,000
      Market price range: $354k - $2.56M

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.375
    Latitude
    33.7539
    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
    2023
    $0.00
    $201,600
    $412,920
    $614,520
    -
    $504,000
    $1,032,300
    $1,536,300

    Comparable in this City

    • Value Estimation by Request
      7,958 SF

      830 Blvd SE Blvd

      HOMES (RETIRED, NURSING) • 7,958 SF
      830 Blvd SE Blvd, Atlanta, GA 30312-3653
      View Details
    • Value Estimation
      $2,725,000
      66,114 SF

      174 Georgia SE Ave

      HOMES (RETIRED, NURSING) • 66,114 SF
      174 Georgia SE Ave, Atlanta, GA 30312-3030
      View Details
    • Value Estimation
      $545,000
      26,040 SF

      173 Blvd NE Blvd

      HOMES (RETIRED, NURSING) • 26,040 SF
      173 Blvd NE Blvd, Atlanta, GA 30312-1468
      View Details
    • Value Estimation
      $1,655,000
      56,288 SF

      460 Auburn NE Ave

      HOMES (RETIRED, NURSING) • 56,288 SF
      460 Auburn NE Ave, Atlanta, GA 30312-1504
      View Details
    • Value Estimation by Request
      3.45 Acres

      350 Blvd SE Blvd

      HOMES (RETIRED, NURSING) • 3.45 Acres
      350 Blvd SE Blvd, Atlanta, GA 30312-3352
      View Details
    • Value Estimation
      $3,015,000
      129,206 SF

      400 Ralph Mcgill NE Blvd

      HOMES (RETIRED, NURSING) • 129,206 SF
      400 Ralph Mcgill NE Blvd, Atlanta, GA 30312-1229
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,375 SF

      Edgewood Ave SE Retail Property

      Atlanta Restaurant/Office Building, 3,375 SF
      489 Edgewood Ave, Atlanta, GA 30312
      View Details
    • $4,000,000
      1.48 Acres

      Atlanta Commercial Land - 1.48 Acres

      Prime Atlanta location, 1.48 acres, development potential.
      0 Pryor St, Atlanta, GA 30312
      View Details
    • $69,900
      Pending

      Atlanta Land For Sale

      Residential land available in Atlanta's Mechanicsville District.
      640 Smith St SW, Atlanta, GA 30312
      View Details
    • Contact for pricing
      60,000 SF

      Office Space Available For Sale

      Office space available for sale in stand-alone building.
      501 Pulliam St SW, Atlanta, GA 30312
      View Details
    • Contact for pricing

      Grant Park Retail Building

      Three-tenant retail building near the Beltline in Grant Park.
      760 United Ave SE, Atlanta, GA 30312
      View Details
    • $720,000

      Luxury Townhome in Old Fourth Ward

      Stunning end-unit townhome with abundant natural light and premium features.
      326 Brownstones Cir NE, Atlanta, GA 30312
      View Details

    Similar Nearby for Lease

    • $3,980 /Mo

      New Townhome with Downtown Views

      Luxurious new construction townhome in Summerhill, close to everything.
      105 Georgia Ave SE, Atlanta, GA 30312
      View Details
    • Contact for pricing
      2,590 SF

      Retail, Restaurant, Entertainment Space Available

      Over 6,000 SF retail space with Beltline visibility.
      680 Hamilton Ave Southeast, Atlanta, GA 30312
      View Details
    • $35 SF/Yr
      10,000 SF

      Front Porch on Auburn Retail Space

      Prime Auburn Ave Retail, Multiple Units Available
      348 Auburn Ave, Atlanta, GA 30312
      View Details
    • $2,400 /Mo
      1,492 SF

      Spacious Home with Bonus Room

      Stylish 2BR/2.5BA home with open floor-plan and oversized bonus room.
      879 Commonwealth Ave SE, Atlanta, GA 30312
      View Details
    • Contact for pricing
      3 SF

      Downtown Atlanta Industrial Storage Opportunity

      Prime industrial land for outside storage in downtown Atlanta.
      570 Glenn St, Atlanta, GA 30312
      View Details
    • $1,350 /Mo

      Renovated Condo in Gated Community

      Renovated 2 bed, 1 bath condo in central Atlanta.
      561 Formwalt St, Atlanta, GA 30312
      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.
    16 Wm Holmes Borders SE Dr
    Atlanta, GA 30312-1726
    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.