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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Office Spaces
1705 Mt Vernon Rd Atlanta, GA 30338-4261
Entity Owned
~
Est. High Equity
Property ID
US22-0164959
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1979
Construction
WOOD FRAME
Total area
11,756 SF
Lot
0.14 ac (5,924 SF)
Zoning code
X
APN
18 366 05 056
UPID
US22-0164959
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
-
The Law Offices of Josh Sacks, PC Law Firm
-
Herring Melissa Physician Medical Clinic
-
Matthew Devine: Allstate Insurance Insurance Agency
-
Back 2 Back Chiropractic-Awarded Best of Georgia Alternative Medicine Practice
-
Lotus Chiropractic Care Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$2.13M
Owner & transaction history
Milar Estates LLC
Milar Estates LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
X · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+64.3%
Neighborhood: shopping center
$3.2M
+59.1%
Medical building
$3.2M
+59.0%
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%
$2,800,000
6.5%
$2,585,000
7%
$2,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,010,000
Current use
COMMERCIAL (GENERAL)
$3,305,000
Change: +64% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,200,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$3,195,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,985,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$2,635,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.35M (May 15 2025)
Last sale anchor
$2.35M
May 15 2025
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
$181 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,455
Tax year 2024
Assessed value
$734,400
Assessed 2024
Previous assessed
$822,400
-10.7% YoY
Effective rate
4.01%
On assessed value
Assessed land
$66,096
Assessed improvement
$668,304
Land market value
$165,240
Improvement market value
$1,670,760
Total market value
$1,836,000
Applied tax rate
50.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
11,756 SF
Lot
0.14 ac (5,924 SF)
Zoning code
X
APN
18 366 05 056
UPID
US22-0164959
Jurisdiction
DE KALB
Zoning & alternative use
X · Atlanta, GA
Zoning X · permitted uses
X · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Milar Estates LLC
Entity
Mailing address
1707 MT VERNON RD STE D, DUNWOODY, GA 30338-4258
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 15, 2025
—
Milar Estates LLC
1705 LLC
Quitclaim Deed
related
—
Aug 15, 2025
$2,350,000
Milir Estates LLC
1705 LLC
Deed
$1,527,500 · Lge Federal Credit Union
May 10, 2007
$1,225,000
1705 LLC
Manoah,moshe
Deed Of Trust
related
$1,111,500 · Security Bank North Fulton
Mar 30, 2007
$1,225,000
1705 LLC
Manoah,moshe
Grant Deed
—
—
—
1705 LLC
—
Deed Of Trust
related
$1,086,000 · Touchmark National Bank
—
—
Moshe Manoah
—
Deed Of Trust
related
$700,000 · Main Street Bank
—
—
1705 LLC
—
Deed Of Trust
related
$1,136,000 · Touchmark Bk & Trust
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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