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Property profile & analytics
FOR LEASE
Hotels
190 Marietta St NorthWest, Atlanta, GA 30303
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0993357
For Lease
$19,790,000
190 Marietta St NorthWest, Atlanta, GA 30303
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1975
Total area
357,153 SF
Lot
1 ac (43,560 SF)
Zoning code
SPI1
APN
14 007800100501
UPID
US22-0993357
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
-
Natural's Ice Cream Yogurt & Smoothie (Located inside CNN Center) Grocery & Convenience Store Specialty Food Shop
-
New South Kitchen Restaurant
-
Omni Hotel South Tower Hotel & Motel
-
Villivalam Arun K MD Physician
-
Omni Atlanta Hotel at Centennial Park Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.79M
Owner & transaction history
Rref IV P Cp III Marietta St LLC · 5 yrs held
Rref IV P Cp III Marietta St LLC
since 2021
3 recorded transactions
Zoning & alternative use
SPI1 · Atlanta, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$55 / 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
$766,730
Tax year 2023
Assessed value
$16,524,360
Assessed 2023
Previous assessed
$28,334,280
-41.7% YoY
Effective rate
4.64%
On assessed value
Assessed land
$1,629,200
Assessed improvement
$14,895,160
Land market value
$4,073,000
Improvement market value
$37,237,900
Total market value
$41,310,900
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
Hotels
Use group
HOTEL
Status
For Lease
Year built
1975
Heating
YES
Cooling
YES
Stories
1
Units
470
Total area
357,153 SF
Lot
1 ac (43,560 SF)
Zoning code
SPI1
APN
14 007800100501
UPID
US22-0993357
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GA
Zoning SPI1 · permitted uses
SPI1 · 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.
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Stories
1
Units
470
Lot
1 ac
Current owner
From public records · entity-resolved
Rref IV P Cp III Marietta St LLC
Entity
Mailing address
4301 MAPLE AVE #400, DALLAS, TX 75219-2407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$144,800,000
Rref IV P Cp III Marietta St LLC
Cnn Center Ventures
Quitclaim Deed
related
$95,800,000 · Bank Of America
May 30, 2019
$100,000
Cnn Center Ventures
Tojv LLC
Grant Deed
—
Aug 13, 2007
—
Development Authority Of Fulton C
Tojv 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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