Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    196 Peachtree SW St Atlanta, GA 30303-4621
    Property profile & analytics

    196 Peachtree SW St Atlanta, GA 30303-4621

    View on Map
    • Parking lots & garages
    • 0.25 lot acres
    Off-Market
    Last Sale Oct 29, 2024
    Property ID
    US22-3262137
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Peachtree DUI & Defensive Driving School / Training Center / Vocational School
    • Home Sellers Come First LLC. / Real Estate Agency
    • Argova Care Innovation / Home Health Care Service
    • Georgia Association of Professional Bondsmen / Association / Organization

    Property Details for 196 Peachtree SW St

    Lot size
    0.25 lot acres
    Zone code
    SPI1
    Property type
    Parking lots & garages
    APN
    14 007700080423
    APU
    14007700080423

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3948
    Latitude
    33.7492
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,191
    $159,680
    $2,720
    $162,400
    -
    $399,200
    $6,800
    $406,000

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      185 Peachtree SW St

      PARKING LOT • 0.19 Acres
      185 Peachtree SW St, Atlanta, GA 30303-3637
      View Details
    • Value Estimation by Request
      0.05 Acres

      144 Edgewood NE Ave

      PARKING LOT • 0.05 Acres
      144 Edgewood NE Ave, Atlanta, GA 30303-3007
      View Details
    • Value Estimation
      $22,960,000
      1.19 Acres

      10 Forsyth NW St

      PARKING LOT • 1.19 Acres
      10 Forsyth NW St, Atlanta, GA 30303
      View Details
    • Value Estimation
      $710,000
      0.06 Acres

      Wall SW St

      PARKING LOT • 0.06 Acres
      Wall SW St, Atlanta, GA 30303
      View Details
    • Value Estimation by Request
      0.09 Acres

      179 Peachtree SW St

      PARKING LOT • 0.09 Acres
      179 Peachtree SW St, Atlanta, GA 30303
      View Details
    • Value Estimation
      $715,000
      0.22 Acres

      171 Peachtree SW St

      PARKING LOT • 0.22 Acres
      171 Peachtree SW St, Atlanta, GA 30303
      View Details

    Similar Nearby for Sale

    • $7,400,000
      0.03 Acres

      Mixed-Use Property in Downtown Atlanta

      35,000 SF mixed-use property with diversified income streams.
      251 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • $995,000

      Peachtree Street Mixed-Use Opportunity

      Prime location with flexible zoning for diverse development.
      165 Peachtree St SW, Atlanta, GA 30303
      View Details
    • $1,000,000
      1,822 SF

      Peachtree Street Retail Condo

      Retail condo in high-traffic area near Woodruff Park.
      32 Peachtree St NW, Atlanta, GA 30303
      View Details
    • $825,000

      Revitalized Auburn Avenue Commercial Building

      Two-story commercial building in Sweet Auburn Historic District.
      314 Auburn Ave NE, Atlanta, GA 30303
      View Details
    • $7,400,000
      0.03 Acres

      Mixed-Use Property in Downtown Atlanta

      35,000 SF mixed-use property with diversified income streams.
      251 Trinity Ave SW, Atlanta, GA 30303
      View Details
    • $1,000,000
      1,822 SF

      Peachtree Street Retail Condo

      Retail condo zoned C-3, ideal for various retail uses.
      32 Peachtree St NW, Atlanta, GA 30303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Atlanta Retail Space

      Retail space available in a densely populated downtown Atlanta location.
      200 Peachtree St NW, Atlanta, GA 30303
      View Details
    • Contact for pricing

      Retail Space in Sweet Auburn

      Retail space available in Atlanta's Sweet Auburn district.
      171 Auburn Ave NE, Atlanta, GA 30303
      View Details
    • Contact for pricing
      1,121,963 SF

      Downtown Atlanta Class A Office

      Iconic office building with top amenities and skyline views.
      133 Peachtree St NE, Atlanta, GA 30303
      View Details
    • Contact for pricing

      Downtown Atlanta Office Condominium

      Three-level office condominium in the heart of downtown Atlanta.
      18 Marietta St NW, Atlanta, GA 30303
      View Details
    • Contact for pricing

      Peachtree Street Retail Space Available

      8,715 SF retail space for lease on Peachtree Street.
      205 Peachtree St, Atlanta, GA 30303
      View Details
    • $3,800 /Mo
      2,666 SF

      Adaptable Commercial Space in Atlanta

      Versatile commercial space in Downtown Atlanta, ideal for various ventures.
      253 Trinity Ave SW, Atlanta, GA 30303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    196 Peachtree SW St
    Atlanta, GA 30303-4621
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    196 Peachtree SW St, Atlanta, GA, 30303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!