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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Grocery and convenience stores
1896 Piedmont NE Rd Atlanta, GA 30324-4115
Entity Owned
9-yr Hold
Free & Clear
Property ID
US22-4162883
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2020
Construction
WOOD
Total area
3,700 SF
Lot
0.61 ac (26,528 SF)
Zoning code
C2
APN
17 005000040975
UPID
US22-4162883
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
-
Shell Grocery & Convenience Store
-
Circle K Grocery & Convenience Store
-
Ez Food Mart Grocery & Convenience Store
-
Bitcoin Depot ATM Atm
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$700k
Owner & transaction history
Piedmont 1896 LLC · 9 yrs held
Piedmont 1896 LLC
since 2017
7 recorded transactions
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+3.3%
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
$570,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,005,000
Current use
COMMERCIAL (GENERAL)
$1,040,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$1,005,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$940,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$915,000
Change: -9% · Conversion: Moderate
RETAIL STORES
$830,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$189 / 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
$34,594
Tax year 2023
Assessed value
$835,600
Assessed 2023
Previous assessed
$183,520
+355.3% YoY
Effective rate
4.14%
On assessed value
Assessed land
$690,040
Assessed improvement
$145,560
Land market value
$1,725,100
Improvement market value
$363,900
Total market value
$2,089,000
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 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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
3,700 SF
Lot
0.61 ac (26,528 SF)
Zoning code
C2
APN
17 005000040975
UPID
US22-4162883
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GA
Zoning C2 · permitted uses
C2 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$940,000
OFFICE BUILDING
Est. value
$915,000
RETAIL STORES
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Piedmont 1896 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
4725 PEACHTREE CORS CIR STE #360, NORCROSS, GA 30092-2512
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
—
Piedmont 1896 LLC
—
Loan Modification
related
$3,474,600 · Ameris Bk
Jul 23, 2019
—
Piedmont 1896 LLC
—
Grant Deed
related
$3,109,600 · Fidelity Bk
Apr 9, 2019
—
Piedmont 1896 LLC
—
Loan Modification
related
$1,216,000 · Fidelity Bk
Jan 17, 2019
—
Piedmont 1896
—
Loan Modification
related
$1,216,000 · Fidelity Bk
May 10, 2017
—
Piedmont 1896 LLC
Cheshire Bridge Holdings LLC
Quit Claim Deed
related
—
May 10, 2017
$1,500,000
Piedmont 1896 LLC
Cheshire Bridge Holdings LLC
Grant Deed
$1,216,000 · Fidelity Bk
Nov 15, 2016
$50,000
Cheshire Bridge Holdings LLC
1896 Holding LLC
Grant Deed
related
$800,000 · 1905-1907 Piedmont Circle Ll
Jan 8, 2007
$600,000
1896 Holding LLC
Greenhouse Productions LLC
Warranty Deed
—
Jan 8, 2007
—
1896 Holding LLC
Greenhouse Productions LLC
Quit Claim Deed
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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