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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
2179 Morris Ave Tucker, GA 30084-4500
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4359729
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Total area
5,127 SF
Lot
0.65 ac (28,314 SF)
Zoning code
OI
APN
18 213 03 005
UPID
US22-4359729
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
-
Kind Sir Insulation General Contractor Renovation Specialist
-
Kind Sir Concrete General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$645k
Owner & transaction history
Ben C Leak · 6 yrs held
Ben C Leak
since 2019
7 recorded transactions
Zoning & alternative use
OI · Tucker, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to provide convenient areas within the city for the location of office and institutional uses which are necessary for the residents and business and professional practitioners within the city
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
178.19 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$965,000
+21.4%
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 Tucker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucker 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$126 / 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
$11,409
Tax year 2024
Assessed value
$246,080
Assessed 2024
Previous assessed
$246,080
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$46,400
Assessed improvement
$199,680
Land market value
$116,000
Improvement market value
$499,200
Total market value
$615,200
Applied tax rate
90.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1952
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
5,127 SF
Lot
0.65 ac (28,314 SF)
Zoning code
OI
APN
18 213 03 005
UPID
US22-4359729
Jurisdiction
DE KALB
Zoning & alternative use
OI · Tucker, GAZoning OI · permitted uses
OI · Tucker, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to provide convenient areas within the city for the location of office and institutional uses which are necessary for the residents and business and professional practitioners within the city
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
178.19 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Ben C Leak
Individual
Mailing address
1954 CASTLEWAY LN NE, ATLANTA, GA 30345-4053
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2019
$280,000
Ben C Leak
Najarian Capital LLC
Grant Deed
—
Sep 6, 2018
—
Najarian Capital LLC
—
Trustees Deed
related
$127,500 · Anchor Lns
Aug 14, 2018
$255,000
Najarian Capital LLC
2179 Morris Ave Trust
Grant Deed
related
—
Apr 12, 2018
—
2179 Morris Ave Trust
Lin,chan Y
Warranty Deed
related
—
Feb 22, 2008
$330,000
Chan-yeh Lin
Word,rebecca T
Grant Deed
—
—
—
Chan-yeh Lin
—
Deed Of Trust
related
$225,000 · Harvest Mortgage Co
—
—
Chan-yeh Lin
—
Deed Of Trust
related
$225,000 · Word Rebecca T
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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