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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Hotels
2183 Decatur Rd Decatur, GA 30033-5307
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US22-1449945
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
WOOD FRAME
Total area
43,360 SF
Lot
0.88 ac (38,333 SF)
Zoning code
X
APN
18 051 08 021
UPID
US22-1449945
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
-
Electric Circuit Charging Station Electric Vehicle Charging Station
-
Holiday Inn Express & Suites Atlanta-Emory University Area, an IHG Hotel Hotel & Motel
-
Prestige Auto Transport Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.66M
Owner & transaction history
Emory Hospitality LLC · 21 yrs held
Emory Hospitality LLC
since 2004
3 recorded transactions
Zoning & alternative use
X · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$38 / 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
$120,360
Tax year 2024
Assessed value
$2,741,760
Assessed 2024
Previous assessed
$2,548,000
+7.6% YoY
Effective rate
4.39%
On assessed value
Assessed land
$229,960
Assessed improvement
$2,511,800
Land market value
$574,900
Improvement market value
$6,279,500
Total market value
$6,854,400
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
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2001
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
4
Units
62
Total area
43,360 SF
Lot
0.88 ac (38,333 SF)
Zoning code
X
APN
18 051 08 021
UPID
US22-1449945
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GA
Zoning X · permitted uses
X · 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
2001
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
4
Units
62
Lot
0.88 ac
Current owner
From public records · entity-resolved
Emory Hospitality LLC
Entity
Mailing address
2183 N DECATUR RD, DECATUR, GA 30033-5307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Emory Hospitality LLC
—
Deed
related
$675,030,016 · Georgias Own Credit Union
Sep 30, 2004
—
Emory Hospitality LLC
Sommers,eric P
Deed Of Trust
related
$4,500,000 · General Electric Capital Corp
—
—
Emory Hospitality LLC
—
Deed Of Trust
related
$8,915,000 · Royal Bk/scotland Flc
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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