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Property profile & analytics
OFF-MARKET
Estimated value
$4,980,000
Specialty properties
2170 Cook Rd Decatur, GA 30032-6203
Entity Owned
5-yr Hold
Property ID
US22-4746107
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2023
Total area
5,470 SF
Lot
11.62 ac (506,080 SF)
Zoning code
MR-2
APN
15 140 03 020
UPID
US22-4746107
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
-
The Meridian Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.98M
Owner & transaction history
Dekalb Leased Housing Associates I · 5 yrs held
Dekalb Leased Housing Associates I
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
MR-2 · 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
$5,035,000
ML approach
$5,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.98M
Range $4.48M – $5.48M · ±10% · vs last sale $4.95M (May 4 2021)
Last sale anchor
$4.95M
May 4 2021
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
$910 / 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
$145,861
Tax year 2024
Assessed value
$3,008,160
Assessed 2024
Previous assessed
$1,960,000
+53.5% YoY
Effective rate
4.85%
On assessed value
Assessed land
$2,581,120
Assessed improvement
$427,040
Land market value
$6,452,800
Improvement market value
$1,067,600
Total market value
$7,520,400
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2023
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
217
Rooms
4
Bathrooms
1
Total area
5,470 SF
Lot
11.62 ac (506,080 SF)
Zoning code
MR-2
APN
15 140 03 020
UPID
US22-4746107
Jurisdiction
DE KALB
Zoning & alternative use
MR-2 · Decatur, GA
Zoning MR-2 · permitted uses
MR-2 · 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
2023
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
217
Rooms
4
Bathrooms
1
Lot
11.62 ac
Current owner
From public records · entity-resolved
Dekalb Leased Housing Associates I
Entity
Mailing address
675 PONCE DE LEON AVE NE #8500, ATLANTA, GA 30308-1884
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 23, 2025
—
Dekalb Leased Housing Associat
—
Deed
related
$26,114 · Us Bank Trust
Dec 8, 2023
—
Dekalb Leased Housing Associat
—
Deed
related
$25,456,800 · Key Bank
Apr 15, 2022
—
Dekalb Leased Housing Associat
—
Deed
related
$25,456,800 · Key Bank
Apr 14, 2022
—
Dekalb Leased Housing Associat
—
Deed
related
$33,000,000 · Housing Authority Of The County Of Dekal
May 4, 2021
$4,950,000
Dekalb Leased Housing Associates I
3757 Floyd Rd Property LLC
Limited Warranty Deed
$4,478,100 · Polaris Capital
Jan 31, 2020
—
3757 Floyd Rd Property LLC
Mk Professional Services LLC
Quit Claim Deed
related
—
Oct 27, 2016
$327,600
Mk Professional Services LLC
Aok Properties LLC
Grant Deed
—
Oct 26, 2016
$212,000
Aok Properties LLC
Cook Road Oscp1 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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