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Property profile & analytics
OFF-MARKET
Industrial land
1615 Johnson NW Rd Atlanta, GA 30318-8937
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0151603
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.22 ac (53,143 SF)
Zoning code
C2
APN
17 0225 LL1044
UPID
US22-0151603
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tarun Kumar Shanker · 2 yrs held
Tarun Kumar Shanker
since 2023
Last sale
$425,530
7 recorded transactions
Zoning & alternative use
C2 · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,457
Tax year 2023
Assessed value
$131,800
Assessed 2024
Previous assessed
$131,800
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$131,800
Land market value
$329,500
Total market value
$329,500
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Lot
1.22 ac (53,143 SF)
Zoning code
C2
APN
17 0225 LL1044
UPID
US22-0151603
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GA
Zoning C2 · permitted uses
C2 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
1.22 ac
Current owner
From public records · entity-resolved
Tarun Kumar Shanker
Individual
Free & Clear · 2 yrs held
Mailing address
4060 PEACHTREE RD NED277, BROOKHAVEN, GA 30319-3020
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
56 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$348,566
Tarun Kumar Shanker
Tarun Kumar Shanker
Warranty Deed
related
—
Aug 22, 2023
$425,530
Kiara Carline Fair
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Aug 21, 2023
$451,120
Devin Shaun Hartnett
Ashton Atlanta Residential LLC
Warranty Deed
—
May 16, 2023
$450,000
Behzad Rahsepar
Mohamad Ghazi Ali
Limited Warranty Deed
—
May 11, 2023
$464,700
Rohit Sarin
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
May 10, 2023
$452,200
Trevor Elliot Waddell
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
May 10, 2023
$450,700
Alicia Jihyun Choi
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
May 9, 2023
$452,200
Felicia Kelly
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
May 9, 2023
$467,600
Timothy Ji Hoon Chun
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
May 3, 2023
—
1517 Layton Lane LLC
Michael Vincent Mendoza
Warranty Deed
—
Apr 28, 2023
$438,000
Cui Di
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Apr 28, 2023
$415,900
Prasad V Valiveti
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Apr 28, 2023
$441,200
Murugesh Mayandi
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Apr 10, 2023
$424,900
Daniel Kwon Woo Oh
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 29, 2023
$448,955
Valentina Mejia
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 29, 2023
$457,345
Nadine Etienne
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 29, 2023
$456,710
Jasmine A Davis
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 29, 2023
—
Valentina Mejia
Valentina Mejia
Warranty Deed
related
—
Mar 24, 2023
$450,000
Sifat Rahman
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 22, 2023
$444,635
Alexa Angelina Preyer
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 21, 2023
$451,535
Chibuzo Ijeoma Okwandu
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 21, 2023
$446,195
Deepu Thomas Edathara
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 21, 2023
$458,680
Langston Ryan Ellis
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 21, 2023
—
Chibuzo Ijeoma Okwandu
Chibuzo Ijeoma Okwandu
Warranty Deed
related
—
Mar 16, 2023
$457,465
Joseph Ayodele Akoni
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 15, 2023
$439,900
Michael Vincent Mendoza
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 14, 2023
$443,150
Ryan James Foley
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 14, 2023
$448,900
Alec Matthew Cargin
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 13, 2023
$450,000
Sarunporn K Kupgan
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Mar 13, 2023
$439,965
Luis Ruben Esparza Valencia
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 27, 2023
$439,900
Velita Jobson Virdi
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 27, 2023
$443,655
Richard William Bowles
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 27, 2023
$487,425
Brett Robert Hill
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 27, 2023
$435,685
Kelly Ann Jakaitis
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 24, 2023
$424,900
Mohamad Ghazi Ali
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 24, 2023
—
Mohamad Ghazi Ali
Mohamad Ghazi Ali
Warranty Deed
related
—
Feb 23, 2023
$446,335
Pamela Carvajal Traya
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Feb 23, 2023
$432,735
Prasad Veera Kondaveeti
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Jan 6, 2023
$422,605
Erika M Jenkins
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Dec 29, 2022
$492,710
Harvey Lee Jackson
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Dec 22, 2022
$465,000
Norico Altovia Webb
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Dec 20, 2022
$449,706
Krishna Chaitanya Kodali LLC
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Dec 16, 2022
$436,050
Wiliani Widastra
Ashton Atlanta Residential LLC
Warranty Deed
—
Nov 29, 2022
$437,665
Matthew Brown
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 23, 2022
$440,396
Kimberly Ann West
Ashton Atlanta Residential LLC
Limited Warranty Deed
$352,317 · Trailblazer Mortgage
Nov 22, 2022
$465,810
Caleb Thomas Nicholson
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 22, 2022
$433,000
Eboni Camille Chillis
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 22, 2022
$444,380
Derrick Favors
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 21, 2022
$450,000
Tapan Shah
Ashton Atlanta Residential LLC
Limited Warranty Deed
$337,500 · Boxcar Mortgage
Nov 18, 2022
$416,540
Hannah Haggas
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 18, 2022
$418,800
Venkateswarlu Sangam
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 18, 2022
$446,165
Carlita R Lett Blades
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 17, 2022
$419,730
Malcolm Adrian Cunningham
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Nov 17, 2022
$425,380
Reginald Sutton Calen
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Oct 19, 2022
$436,040
Ezhilraja Rajagopal
Ashton Atlanta Residential LLC
Limited Warranty Deed
—
Oct 14, 2022
$438,515
Joshua Ferrell
Ashton Atlanta Residential LLC
Limited Warranty Deed
$350,812 · Jp Morgan Chase Bank
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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