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Property profile & analytics
OFF-MARKET
Estimated value
$127,005,000
Hotels
188 14th NE St Atlanta, GA 30361-2003
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1445995
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1974
Total area
345,016 SF
Lot
1.75 ac (76,230 SF)
Zoning code
C4
APN
17 010600020419
UPID
US22-1445995
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
-
Commons Restaurant and Bar Grocery & Convenience Store Food Market
-
ATM Atm
-
Spa at The Starling Spa & Massage Center
-
Encore IT Consulting Firm Tech Support Center
-
Hotel Midtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$116.69M
Blend (final)
Blend
$127.01M
Owner & transaction history
Sei Tech LLC · 1 yrs held
Sei Tech LLC
since 2025
Last sale
$160.0M
7 recorded transactions
Zoning & alternative use
C4 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$187.6M
+149.3%
Commercial (general)
$97.0M
+28.9%
Neighborhood: shopping center
$93.9M
+24.8%
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
$166,375,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$187,625,000
Change: +149% · Conversion: Difficult
COMMERCIAL (GENERAL)
$96,975,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$93,900,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$93,805,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$87,610,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$80,775,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$127.01M
Range $114.30M – $139.71M · ±10% · vs last sale $160.00M (Jul 30 2021)
Last sale anchor
$160.00M
Jul 30 2021
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
$368 / 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
$1,701,648
Tax year 2023
Assessed value
$36,673,440
Assessed 2023
Previous assessed
$28,000,000
+31.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$2,361,840
Assessed improvement
$34,311,600
Land market value
$5,904,600
Improvement market value
$85,779,000
Total market value
$91,683,600
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 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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1974
Heating
YES
Cooling
YES
Stories
1
Units
467
Total area
345,016 SF
Lot
1.75 ac (76,230 SF)
Zoning code
C4
APN
17 010600020419
UPID
US22-1445995
Jurisdiction
FULTON
Zoning & alternative use
C4 · Atlanta, GA
Zoning C4 · permitted uses
C4 · 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
RESTAURANT
Est. value
$187.6M
COMMERCIAL (GENERAL)
Est. value
$97.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$93.9M
MEDICAL BUILDING
Est. value
$93.8M
AUTO REPAIR, GARAGE
Est. value
$87.6M
OFFICE BUILDING
Est. value
$80.8M
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1974
Heating
YES
Cooling
Yes
Stories
1
Units
467
Lot
1.75 ac
Current owner
From public records · entity-resolved
Sei Tech LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2000 HIGH WICKHAM PL STE #300, LOUISVILLE, KY 40245-5909
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
$8,105,400
Sei Tech LLC
Selig Enterprises INC
Warranty Deed
—
Jul 30, 2021
$160,000,000
Hotel Atl Midtown LLC
Gv Midtown Owner LLC
Warranty Deed
$111,930,000 · Kreocs Lending I
Dec 31, 2020
—
Gv Midtown Owner LLC
—
Deed
related
$4,000,000 · Credit Agricole Corp & Inv Bk
Jul 23, 2019
—
Gv Midtown Owner LLC
—
Loan Modification
related
$79,313,382 · Credit Agricole Corp & Invs Bk
Aug 20, 2015
$94,800,000
Gv Midtown Owner LLC
Noble-aew Colony Square LLC
Grant Deed
$76,313,382 · Credit Agricole Corp & Inv Bk
Aug 11, 2006
$43,650,000
Noble-aew Colony Square LLC
Starwood Atlanta Colony Sq Realt
Trustees Deed
$71,436,000 · Anglo Irish Bk Corp Plc
Aug 8, 2006
$43,650
Noble Colony Square LLC
Starwood,realty Cmbs I L L
Grant Deed
—
Apr 12, 2006
$46,024,000
Starwood Atlanta Colony Sq Realt
Starwood Realty Cmbs I LLC
Quit Claim Deed
—
—
—
Noble-aew Colony Square LLC
—
Deed Of Trust
related
$40,000,000 · Bank Of America
—
—
Gv Midtown Owner LLC
—
Loan Modification
related
$4,000,000 · Credit Agricole Corp & Inv Bk
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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