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Property profile & analytics
OFF-MARKET
Estimated value
$15,950,000
High-rise multifamily apartments
200 Madison Dr Atlanta, GA 30346
Individually Owned
14-yr Hold
Free & Clear
Property ID
US22-2178655
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1999
Total area
115,174 SF
Lot
4.98 ac (216,929 SF)
Zoning code
OI
APN
18 350 01 168
UPID
US22-2178655
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.95M
Owner & transaction history
350 Perimeter Center North Atl · 14 yrs held
350 Perimeter Center North Atl
since 2012
4 recorded transactions
Zoning & alternative use
OI · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,175,000
6.5%
$19,545,000
7%
$18,150,000
Blend value · Realmo final
$15.95M
Range $14.36M – $17.55M · ±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
$138 / 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
$1,022,005
Tax year 2024
Assessed value
$25,629,000
Assessed 2024
Previous assessed
$21,352,800
+20.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$2,379,654
Assessed improvement
$23,249,346
Land market value
$5,949,134
Improvement market value
$58,123,366
Total market value
$64,072,500
Applied tax rate
50.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
YES
Buildings
5
Stories
4
Units
217
Total area
115,174 SF
Lot
4.98 ac (216,929 SF)
Zoning code
OI
APN
18 350 01 168
UPID
US22-2178655
Jurisdiction
DE KALB
Zoning & alternative use
OI · Atlanta, GA
Zoning OI · permitted uses
OI · 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
1999
Heating
NONE
Cooling
Yes
Stories
4
Buildings
5
Units
217
Lot
4.98 ac
Current owner
From public records · entity-resolved
350 Perimeter Center North Atl
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX A3878, CHICAGO, IL 60690-3878
Ownership since
2012
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
Jun 4, 2012
$43,400,000
350 Perimeter Center North Atl
Metropolitan II LLC
Grant Deed
—
Jun 4, 2012
—
350 Perimeter Center North Atl
Metropolitan LLC
Quit Claim Deed
related
—
Jun 4, 2012
$64,350,000
350 Perimeter Center North Atl
Metropolitan LLC
Grant Deed
—
May 30, 2012
—
350 Perimeter Center N Atlanta Trus
Metropolitan II 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.
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