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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Commercial land
1659 Virginia Ave College Park, GA 30337-2849
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-0777895
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
12,666 SF
Lot
0.6 ac (26,005 SF)
Zoning code
R3
APN
14 015900100420
UPID
US22-0777895
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
$1.19M
Blend (final)
Blend
$1.13M
Owner & transaction history
Woodward Academy INC · 10 yrs held
Woodward Academy INC
since 2016
5 recorded transactions
Zoning & alternative use
R3 · College Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R3 district is intended to provide the development of single family dwellings served by public water and sewer systems, The provisions that regulate this land use district provides for the development of residential neighborhoods in a medium density urban environment, This district should be protected from conflicting land uses
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
187.87 ac
Source
Realmo
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$89 / 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
$3,044
Tax year 2023
Assessed value
$107,840
Assessed 2023
Previous assessed
$107,840
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$107,840
Land market value
$269,600
Total market value
$269,600
Applied tax rate
15.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Bathrooms
1
Total area
12,666 SF
Lot
0.6 ac (26,005 SF)
Zoning code
R3
APN
14 015900100420
UPID
US22-0777895
Jurisdiction
FULTON
Zoning & alternative use
R3 · College Park, GAZoning R3 · permitted uses
R3 · College Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R3 district is intended to provide the development of single family dwellings served by public water and sewer systems, The provisions that regulate this land use district provides for the development of residential neighborhoods in a medium density urban environment, This district should be protected from conflicting land uses
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
187.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Heating
YES
Cooling
Yes
Bathrooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Woodward Academy INC
Entity
Free & Clear · 10 yrs held
Mailing address
1662 RUGBY AVE, ATLANTA, GA 30337-2116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Mar 16, 2016
$300,000
Woodward Academy INC
Virginia Avenue LLC
Grant Deed
—
Aug 16, 2011
$270,000
James L Robertson
Barner,damon
Trustees Deed
—
Aug 16, 2011
—
Virginia Avenue LLC
Robertson,james L
Grant Deed
related
—
Sep 7, 2004
—
Whittle East Ronald G
Tax Free Exchange Service INC
Grant Deed
related
—
—
—
Damon Barner
—
Deed Of Trust
related
$85,000 · Bush Maurice L
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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