Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Warehouses
215 Laredo Dr Decatur, GA 30030-2209
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4617090
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Construction
WOOD FRAME
Total area
24,000 SF
Lot
1.65 ac (71,874 SF)
Zoning code
M
APN
18 009 10 019
UPID
US22-4617090
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
-
Suburban Custom Awards (Bike/Boat/Book/etc) Store
-
Pragmatic Diversity Bakery Specialty Food Shop
-
Leaven: A Collaborative Kitchen and Resource Center Take-out & Catering
-
Thereabouts Food Processing Plant Factory
-
Gud Gud Pudin Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.71M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$2.08M
Owner & transaction history
215 Laredo LLC · 7 yrs held
215 Laredo LLC
since 2019
4 recorded transactions
Zoning & alternative use
M · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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%
$2,935,000
6.5%
$2,710,000
7%
$2,515,000
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±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
$86 / 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
$24,387
Tax year 2024
Assessed value
$1,093,520
Assessed 2024
Previous assessed
$520,000
+110.3% YoY
Effective rate
2.23%
On assessed value
Assessed land
$135,200
Assessed improvement
$958,320
Land market value
$338,000
Improvement market value
$2,395,800
Total market value
$2,733,800
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
24,000 SF
Lot
1.65 ac (71,874 SF)
Zoning code
M
APN
18 009 10 019
UPID
US22-4617090
Jurisdiction
DE KALB
Zoning & alternative use
M · Decatur, GA
Zoning M · permitted uses
M · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
215 Laredo LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Mar 9, 2021
—
215 Laredo LLC
—
Deed
related
$1,125,000 · Banksouth
Apr 18, 2019
—
215 Laredo LLC
Laredo Drive LLC
Quit Claim Deed
related
—
Apr 18, 2019
$1,300,000
215 Laredo LLC
Laredo Drive LLC
Grant Deed
related
$950,000 · Iberiabank
Mar 15, 2016
—
Laredo Drive LLC
Williams Thomas L
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 215 Laredo Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
