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Property profile & analytics
OFF-MARKET
Day care centers
1616 Columbia Dr Decatur, GA 30032-4613
Individually Owned
12-yr Hold
Absentee Owner
Property ID
US22-4184651
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1946
Construction
FRAME
Total area
3,266 SF
Lot
1.42 ac (61,855 SF)
Zoning code
R75
APN
15 186 05 005
UPID
US22-4184651
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
-
Spirit Led International Ministries Church
-
Slcm Child Development Center Daycare Center
-
Kelly's Life Center Counselor
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
David A Osborne · 12 yrs held
David A Osborne
since 2013
7 recorded transactions
Zoning & alternative use
R75 · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,347
Tax year 2024
Assessed value
$65,720
Assessed 2024
Previous assessed
$65,720
+0.0% YoY
Effective rate
5.09%
On assessed value
Assessed land
$41,760
Assessed improvement
$23,960
Land market value
$104,400
Improvement market value
$59,900
Total market value
$164,300
Applied tax rate
4.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1946
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
3,266 SF
Lot
1.42 ac (61,855 SF)
Zoning code
R75
APN
15 186 05 005
UPID
US22-4184651
Jurisdiction
DE KALB
Zoning & alternative use
R75 · Decatur, GA
Zoning R75 · permitted uses
R75 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
David A Osborne
Individual
Mailing address
96 E EAGLE WAY, STOCKBRIDGE, GA 30281-6410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2013
$125,000
David A Osborne
Land Holding LLC
Grant Deed
$112,500 · Guaranty Bond Bank
Nov 26, 2012
$15,700
Land Holding LLC
Pnc Bk National Assn
Grant Deed
—
Aug 11, 2011
$246,000
Chuck Douglas Ministries INC
Rcb Bk USA
Trustees Deed
—
Sep 11, 2008
$177,000
Chuck Douglas Ministries INC
Power,lending
Grant Deed
—
Jul 2, 2008
—
Power Lending LLC
Belt-jones,valerie
Grant Deed
related
—
Jan 12, 2007
$285,000
Jones Valerie Belt
Kelley,e Louise
Grant Deed
—
—
—
Douglas Ministries Chuck
—
Deed Of Trust
related
$177,000 · Power Lending LLC
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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