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Property profile & analytics
OFF-MARKET
Estimated value
$7,660,000
Office buildings
2 Corporate NE Blvd Brookhaven, GA 30329-2027
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1164060
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
WOOD FRAME
Total area
44,994 SF
Lot
3 ac (130,680 SF)
Zoning code
M
APN
18 156 11 010
UPID
US22-1164060
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
-
CSRA Inc. Corporate Office Business Park
-
Propel Pediatric Therapy Physician
-
Tender Ones Therapy Services Medical Clinic
-
Pearson Professional Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.77M
CAP Approach
CAP
$9.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.66M
Owner & transaction history
Brookhaven Developmenty Authority
Brookhaven Developmenty Authority
since 2026
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
M · Brookhaven, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.6M
+20.1%
Neighborhood: shopping center
$12.2M
+16.3%
Medical building
$12.2M
+16.1%
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 Brookhaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brookhaven 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
$7,880,000
ML approach
$7,770,000
CAP Approach
CAP Return
Estimation
6%
$10,710,000
6.5%
$9,885,000
7%
$9,180,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,535,000
Current use
COMMERCIAL (GENERAL)
$12,645,000
Change: +20% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$12,245,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$12,235,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,425,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$10,090,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$7.66M
Range $6.89M – $8.43M · ±10% · vs last sale $7.50M (Mar 6 2025)
Last sale anchor
$7.50M
Mar 6 2025
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
$170 / 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
$136,336
Tax year 2024
Assessed value
$2,997,840
Assessed 2024
Previous assessed
$2,816,400
+6.4% YoY
Effective rate
4.55%
On assessed value
Assessed land
$500,058
Assessed improvement
$2,497,782
Land market value
$1,250,145
Improvement market value
$6,244,455
Total market value
$7,494,600
Applied tax rate
20.0000
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
1969
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
44,994 SF
Lot
3 ac (130,680 SF)
Zoning code
M
APN
18 156 11 010
UPID
US22-1164060
Jurisdiction
DE KALB
Zoning & alternative use
M · Brookhaven, GA
Zoning M · permitted uses
M · Brookhaven, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brookhaven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$12.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.2M
MEDICAL BUILDING
Est. value
$12.2M
AUTO REPAIR, GARAGE
Est. value
$11.4M
RETAIL STORES
Est. value
$10.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1969
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
Brookhaven Developmenty Authority
Entity
Mailing address
13 CORPORATE BLVD NE STE #210, BROOKHAVEN, GA 30329-1900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Brookhaven Developmenty Authority
Bldg 3 LLC
Warranty Deed
—
Mar 31, 2025
—
Bldg 2 LLC
—
Deed
related
$3,750,000 · Cornerstone Commercial Mortgages
Mar 6, 2025
$7,500,000
Bldg 2 LLC
Kraken Enterprises LLC
Deed
—
Mar 6, 2025
—
Bldg 2 LLC
Kraken Enterprises LLC
Quitclaim Deed
related
—
Aug 16, 2024
—
Kreaken Enterprises LLC
—
Deed
related
$85,000 · Fix And Flip Loan Brokers
May 16, 2024
—
Kraken Enterprises LLC
—
Deed
related
$850,000 · Yae Solutions
May 23, 2022
$6,900,000
Kraken Enterprises LLC
Corporate Square Owner LLC
Warranty Deed
$5,175,000 · Georgias Own Credit Union
Jul 14, 2014
$14,200,000
Lsref2 Newton LLC
Cw Nom LLC
Grant Deed
—
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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