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Property profile & analytics
OFF-MARKET
Strip malls
1885 Candler Rd Decatur, GA 30032-4157
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0722866
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1961
Construction
WOOD FRAME
Total area
4,146 SF
Lot
0.5 ac (21,824 SF)
Zoning code
C1
APN
15 170 11 049
UPID
US22-0722866
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
-
Tropical Breeze Premium Coin Laundry - Decatur (Bike/Boat/Book/etc) Store
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
Ehan II LLC · 10 yrs held
Ehan II LLC
since 2015
6 recorded transactions
Zoning & alternative use
C1 · 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
$4,472
Tax year 2024
Assessed value
$87,520
Assessed 2024
Previous assessed
$87,520
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$71,766
Assessed improvement
$15,754
Land market value
$179,416
Improvement market value
$39,384
Total market value
$218,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1961
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
4,146 SF
Lot
0.5 ac (21,824 SF)
Zoning code
C1
APN
15 170 11 049
UPID
US22-0722866
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Decatur, GA
Zoning C1 · permitted uses
C1 · 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
1961
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Ehan II LLC
Entity
Mailing address
1001 NASH LEE DR SW, LILBURN, GA 30047-7632
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2015
$240,000
Ehan II LLC
Bel Air Management LLC
Warranty Deed
$125,000 · Private Individual
Dec 28, 2012
—
Bel Air Mgmt LLC
Southlake Corner LLC
Quit Claim Deed
related
—
Dec 28, 2012
$225,000
Bel Air Mgmt LLC
Southlake Corner LLC
Grant Deed
—
Dec 15, 2005
$349,300
Southlake Corner LLC
Business Assoc INC
Grant Deed
—
Dec 15, 2005
—
Southlake Corner LLC
Business Assoc INC
Quit Claim Deed
related
$72,000 · Regions Bank
—
—
Southlake Corner LLC
—
Deed Of Trust
related
$112,521 · Regions Bank
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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