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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Office buildings
1944 Clairmont Rd Decatur, GA 30033-3406
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1060849
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD FRAME
Total area
6,296 SF
Lot
0.31 ac (13,504 SF)
Zoning code
OI
APN
18 103 01 011
UPID
US22-1060849
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
-
AllSpine Laser and Surgery Center Physician
-
Allspine Medical Clinic
-
Harold Troxler Physician
-
Gwendolyn Mckinley Real Estate Agency
-
Shahram Rezaiamiri Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.29M
Owner & transaction history
1944 Clairmont LLC · 8 yrs held
1944 Clairmont LLC
since 2018
7 recorded transactions
Zoning & alternative use
OI · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+4.2%
Commercial (general)
$1.7M
+3.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,595,000
Current use
AUTO REPAIR, GARAGE
$1,660,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,650,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,465,000
Change: -8% · Conversion: Moderate
MEDICAL BUILDING
$1,460,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$205 / 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
$18,453
Tax year 2024
Assessed value
$656,960
Assessed 2024
Previous assessed
$412,960
+59.1% YoY
Effective rate
2.81%
On assessed value
Assessed land
$181,702
Assessed improvement
$475,258
Land market value
$454,256
Improvement market value
$1,188,144
Total market value
$1,642,400
Applied tax rate
4.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
6,296 SF
Lot
0.31 ac (13,504 SF)
Zoning code
OI
APN
18 103 01 011
UPID
US22-1060849
Jurisdiction
DE KALB
Zoning & alternative use
OI · Decatur, GA
Zoning OI · permitted uses
OI · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1987
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
1944 Clairmont LLC
Entity
Mailing address
900 EAGLES LNDG PKWY, STOCKBRIDGE, GA 30281-7343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Apr 16, 2018
—
1944 Clairmont LLC
Lexie Properties LLC
Quit Claim Deed
related
$1,000,000 · First Citizens Bk
Dec 12, 2016
$600,000
Lexie Properties LLC
D K Armstrong Properties LLC
Grant Deed
—
Apr 16, 2015
—
D K Armstrong Properties LLC
Armstrong,donna K
Quit Claim Deed
related
$820,000 · Fidelity Bk
—
—
Donna K Armstrong
—
Deed Of Trust
related
$867,000 · Cornerstone Bank
—
—
Donna K Armstrong
—
Deed Of Trust
related
$309,598 · Suntrust Bank NA
—
—
Donna K Armstrong
—
Deed Of Trust
related
$309,598 · Decatur First Bank
—
—
Donna K Armstrong
—
Deed Of Trust
related
—
—
—
Re,max Metro Atlanta INC
—
Deed Of Trust
related
$204,075 · Decatur First Bank
—
—
Donna K Armstrong
—
Deed Of Trust
related
$699,760 · Decatur First 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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