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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Warehouses
2179 Bouldercrest SE Rd Atlanta, GA 30316-4801
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0559521
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Total area
40,448 SF
Lot
2.5 ac (108,900 SF)
Zoning code
PC-2
APN
15 083 01 013
UPID
US22-0559521
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
-
Grater Digital Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.37M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$3.34M
Owner & transaction history
Furniture Bank Of Metro Atlanta INC
Furniture Bank Of Metro Atlanta INC
since 2025
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
PC-2 · 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%
$4,725,000
6.5%
$4,365,000
7%
$4,050,000
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10% · vs last sale $3.70M (May 29 2025)
Last sale anchor
$3.70M
May 29 2025
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
$83 / 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
$81,002
Tax year 2024
Assessed value
$1,787,520
Assessed 2024
Previous assessed
$1,508,960
+18.5% YoY
Effective rate
4.53%
On assessed value
Assessed land
$69,680
Assessed improvement
$1,717,840
Land market value
$174,200
Improvement market value
$4,294,600
Total market value
$4,468,800
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
1967
Heating
NONE
Buildings
2
Stories
1
Total area
40,448 SF
Lot
2.5 ac (108,900 SF)
Zoning code
PC-2
APN
15 083 01 013
UPID
US22-0559521
Jurisdiction
DE KALB
Zoning & alternative use
PC-2 · Atlanta, GA
Zoning PC-2 · permitted uses
PC-2 · 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
1967
Heating
NONE
Stories
1
Buildings
2
Lot
2.5 ac
Current owner
From public records · entity-resolved
Furniture Bank Of Metro Atlanta INC
Entity
Mailing address
487 EDGEWOOD AVE SE, ATLANTA, GA 30312-1836
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
$3,700,000
Furniture Bank Of Metro Atlanta INC
Old Fourth Group LLC
Deed
$3,300,000 · Truist Bank
Jul 29, 2021
—
Old Fourth Grp LLC
—
Deed
related
$1,500,000 · Ameris Bank
May 27, 2020
$1,500,000
Old Fourth Group LLC
East Atlanta Lofts LLC
Grant Deed
$1,000,000 · East Atlanta Lofts LLC
Jun 14, 2012
$311,000
East Atlanta Lofts LLC
Crm Central Properties LLC
Grant Deed
—
Nov 18, 2010
$1,100,000
Crm Central Properties LLC
Innova Center Of Bouldercrest LLC
Trustees 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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