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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Flex space
1645 Central Ave Atlanta, GA 30344-4837
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1051589
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1936
Construction
WOOD
Total area
45,864 SF
Lot
6.8 ac (296,164 SF)
Zoning code
R4
APN
14 013100010135
UPID
US22-1051589
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
$4.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
Sa Recycling LLC · 2 yrs held
Sa Recycling LLC
since 2024
5 recorded transactions
Zoning & alternative use
R4 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,415,000
6.5%
$4,075,000
7%
$3,785,000
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10%
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
$64 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,091
Tax year 2023
Assessed value
$605,520
Assessed 2024
Previous assessed
$605,520
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$560,400
Assessed improvement
$45,120
Land market value
$1,401,000
Improvement market value
$112,800
Total market value
$1,513,800
Applied tax rate
20.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Total area
45,864 SF
Lot
6.8 ac (296,164 SF)
Zoning code
R4
APN
14 013100010135
UPID
US22-1051589
Jurisdiction
FULTON
Zoning & alternative use
R4 · Atlanta, GA
Zoning R4 · permitted uses
R4 · 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
Year built
1936
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
6.8 ac
Current owner
From public records · entity-resolved
Sa Recycling LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1645 CENTRAL AVE, ATLANTA, GA 30344-4837
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Sa Recycling LLC
Newell Recycling Of Atlanta INC
Quit Claim Deed
related
—
Apr 2, 2018
—
Newell Recycling Southeast LLC
—
Deed
related
—
Sep 26, 2016
—
Newell Recycling Southeast LLC
—
Deed
related
$363,000,000 · Bank Of America California NA
—
—
Newell Recycling Southeast LLC
—
Deed Of Trust
related
$363,000,000 · Bank Of America California NA
—
—
Newell Recycling Southeast LLC
—
Deed Of Trust
related
—
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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