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    Property profile & analytics

    2151 Lenox NE Rd Atlanta, GA 30324-4709

    • Garden apartment buildings
    • 15,240 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    $1,445,000
    Location Intelligence
    Property ID
    US22-0999998
    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.

    Current Use by Public Records

    • Lenox Hills / Property Management Company
    • LENOX HILL APARTMENTS / Apartment Complex
    • Connie Rose & Associates / Real Estate Agency

    Property Details for 2151 Lenox NE Rd

    Year built
    1963
    Construction
    WOOD
    Lot size
    1.59 lot acres
    Property size
    15,240 SF
    Zone code
    RG3
    Property type
    Garden apartment buildings
    APN
    17 000500011063
    APU
    17000500011063

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,455,000
      6.5%
      $1,525,000
      7%
      $1,395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,405,000
      Geo Method
      $1,470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,455,000
      Retail
      $1,765,000
      Mixed-Use
      $1,490,000
      Hospitality
      $1,500,000
      Educational
      $1,665,000
      Residential Income
      $1,680,000
      Energy
      $1,550,000
      Income-Based Land
      $1,475,000
      Food Service
      $1,530,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3502
    Latitude
    33.8139
    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
    $45,540
    $800,000
    $300,000
    $1,100,000
    -
    $2,000,000
    $750,000
    $2,750,000

    Comparable in this City

    • Value Estimation by Request
      87,502 SF

      2500 Pne Tree NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 87,502 SF
      2500 Pne Tree NE Rd, Atlanta, GA 30324-3108
      View Details
    • Value Estimation by Request
      326,592 SF

      1989 Cheshire Brg NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 326,592 SF
      1989 Cheshire Brg NE Rd, Atlanta, GA 30324-4944
      View Details
    • Value Estimation by Request
      2,440 SF

      1470 Sheridan NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 2,440 SF
      1470 Sheridan NE Rd, Atlanta, GA 30324-3271
      View Details
    • Value Estimation
      $6,640,000
      8,377 SF

      1217 Woodland NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 8,377 SF
      1217 Woodland NE Ave, Atlanta, GA 30324-4501
      View Details
    • Value Estimation
      $8,075,000
      9,362 SF

      1182 Woodland NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 9,362 SF
      1182 Woodland NE Ave, Atlanta, GA 30324-4426
      View Details
    • Value Estimation
      $2,515,000
      32,480 SF

      1073 Woodland NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 32,480 SF
      1073 Woodland NE Ave, Atlanta, GA 30324-4310
      View Details

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    Similar Nearby for Lease

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    • $20 SF/Yr

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    • Contact for pricing
      50,000 SF

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      View Details
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    Atlanta, GA 30324-4709
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    Realmo Value Estimation

    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.

    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.

    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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