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    2109 Lavista Exec Park Dr Tucker, GA 30084-5422
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    Property profile & analytics

    2109 Lavista Exec Park Dr, Tucker, GA 30084-5422

    View on Map
    • Office buildings
    • 9,600 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Jan 1, 2023
    Property ID
    US22-1055817
    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
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manry Heston / Insurance Agency

    Property Details for 2109 Lavista Exec Park Dr

    Year built
    1972
    Construction
    WOOD FRAME
    Lot size
    0.33 lot acres
    Zone code
    OI
    Property type
    Office buildings
    APN
    18 210 01 032
    APU
    1821001032

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 1, 2023 — Lavista Executive Properties LLC Manry & Heston INC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $898,000
      Market price range: $721k - $1.88M
      AI Estimate
      $636,000
      Market price range: $377k - $1.71M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,490,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.243
    Latitude
    33.8453
    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
    2024
    $15,278
    $65,440
    $249,840
    $315,280
    -
    $163,600
    $624,600
    $788,200

    Comparable in this City

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      14,848 SF

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      2247 Northlake Pkwy

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      1722 Montreal Cir

      OFFICE BUILDING
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    • Value Estimation
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      12,205 SF

      4635 Royal Atlanta Dr

      OFFICE BUILDING
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    • Value Estimation
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      35,579 SF

      5100 Royal Atlanta Dr

      OFFICE BUILDING
      5100 Royal Atlanta Dr, Tucker, GA 30084-3047
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,584 SF

      Mountain Industrial Boulevard Office Building

      Two-story brick building suitable for medical, office, or salon.
      2893 Mountain Industrial Blvd, Tucker, GA 30084
      View Details
    • New
      $799,900
      5,208 SF

      Four-Story Office Building

      Four-story brick-and-frame office with multiple private offices, ADA bathrooms, and flexible conference and bullpen-style space.
      4953 Presidents Way, Tucker, GA 30084
      View Details
    • Contact for pricing
      2,080 SF

      Historic Tucker Corner Lot Building

      Updated 1935 building on visible corner lot.
      5180 Lavista Rd, Tucker, GA 30084
      View Details
    • New
      $799,900
      7,700 SF

      Four-Story Office Building with Deck

      Four-story office building with multiple private offices, conference space, and outdoor deck access near major highways.
      4953 Presidents Way, Tucker, GA 30084
      View Details
    • $340,000
      2,584 SF

      Mountain Industrial Boulevard Commercial Building

      Two-story brick building suitable for medical, office, or retail use.
      2893 Mountain Industrial Blvd, Tucker, GA 30084
      View Details
    • New
      $270,000
      2,500 SF

      Freestanding Office-Institutional Building

      Freestanding building on a 0.30-acre lot with ample onsite parking, zoned OI for office, medical, and wellness uses.
      2054 Harobi Dr, Tucker, GA 30084
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      119,070 SF

      Tucker Office Space Available

      Office building in Tucker, GA, offering 119,070 square feet.
      100 Crescent Center Pkwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Class A Office Campus

      Multi-building office campus with on-site property management.
      1975 Lakeside Pkwy, Tucker, GA 30084
      View Details
    • $23 SF/Yr
      22,222 SF

      Class A Office Building Space

      Twelve-story office building with renovated common areas and fitness center.
      100 Crescent Center Pkwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      30,000 SF Stand-Alone Building

      30,000 SF building with dock doors and office space.
      4980 Hammermill Rd, Tucker, GA 30084
      View Details
    • New
      $4,700 /Mo

      Versatile Commercial Space in Tucker

      4,000 sq ft commercial space ideal for various business uses.
      2027 Weems Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Office/Warehouse Space Available

      Multi-tenant office/warehouse building in Tucker, GA, for lease.
      2081 Kilman Dr, Tucker, GA 30084
      View Details
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    Tucker, GA 30084-5422
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    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
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