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Property profile & analytics
FOR LEASE
Office buildings
1955 Lake Park Dr SE Smyrna, GA 30080
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1266522
For Lease
1 / 26
$9,945,000
1955 Lake Park Dr SE, Smyrna, GA 30080
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
92,995 SF
Lot
5.48 ac (238,648 SF)
Zoning code
GC
APN
17077900090
UPID
US22-1266522
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
-
McVeigh & Mangum Engineering Engineer Electrical Engineer
-
Apollo Technical Employment Agency
-
Apollomd Home Health Care Service Physician Referral Service
-
eLink Recruiting Employment Agency
-
Faith Technologies Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.46M
Blend (final)
Blend
$9.95M
Owner & transaction history
Scottsbluff Drugstore LLC|lake Park Office LLC · 11 yrs held
Scottsbluff Drugstore LLC|lake Park Office LLC
since 2015
4 recorded transactions
Zoning & alternative use
GC · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.95M
Range $8.95M – $10.94M · ±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
$107 / 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
$93,238
Tax year 2024
Assessed value
$3,432,920
Assessed 2024
Previous assessed
$3,429,840
+0.1% YoY
Effective rate
2.72%
On assessed value
Assessed land
$789,884
Assessed improvement
$2,643,036
Land market value
$1,974,710
Improvement market value
$6,607,590
Total market value
$8,582,300
Applied tax rate
6.0000
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
For Lease
Year built
1985
Heating
NONE
Total area
92,995 SF
Lot
5.48 ac (238,648 SF)
Zoning code
GC
APN
17077900090
UPID
US22-1266522
Jurisdiction
COBB
Zoning & alternative use
GC · Smyrna, GA
Zoning GC · permitted uses
GC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
5.48 ac
Current owner
From public records · entity-resolved
Scottsbluff Drugstore LLC|lake Park Office LLC
Entity
Free & Clear · 11 yrs held
Mailing address
2300 LK PARK DR SE STE #100, SMYRNA, GA 30080-4079
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2015
—
Scottsbluff Drugstore LLC|lake Park Office LLC
Eat-1421 LLC
Grant Deed
related
—
Dec 30, 2014
$5,850,000
Eat-1421 LLC
Brookwood Lake Park Drive LLC
Trustees Deed
related
$10,100,000 · Bank Of America
Oct 13, 2005
$9,450,000
Brookwood Lake Park Drive LLC
Lakewood 1955 LLC
Grant Deed
related
$7,200,000 · Greenwich Capital Fin'l INC
Nov 8, 2004
—
Lakewood 1955 LLC
—
Trustees Deed
related
$1,000,000 · Bank Of North Georgia
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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