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Property profile & analytics
OFF-MARKET
Estimated value
$6,720,000
Garden apartment buildings
2200 Atlanta SE Rd Smyrna, GA 30080-1554
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1831671
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1963
Total area
55,701 SF
Lot
3.2 ac (139,305 SF)
Zoning code
RM-12
APN
17044500230
UPID
US22-1831671
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
-
Georgian Oaks Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$6.72M
Owner & transaction history
2200 Atlanta Road LLC · 8 yrs held
2200 Atlanta Road LLC
since 2017
7 recorded transactions
Zoning & alternative use
RM-12 · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.1M
+12.1%
Neighborhood: shopping center
$10.9M
+10.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
APARTMENT HOUSE (5+ UNITS)
$9,885,000
Current use
AUTO REPAIR, GARAGE
$11,085,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,915,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$6.72M
Range $6.05M – $7.39M · ±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
$121 / 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
$74,531
Tax year 2024
Assessed value
$2,744,160
Assessed 2024
Previous assessed
$1,794,072
+53.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$579,508
Assessed improvement
$2,164,652
Land market value
$1,448,770
Improvement market value
$5,411,630
Total market value
$6,860,400
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
9
Units
63
Total area
55,701 SF
Lot
3.2 ac (139,305 SF)
Zoning code
RM-12
APN
17044500230
UPID
US22-1831671
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Smyrna, GA
Zoning RM-12 · permitted uses
RM-12 · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.9M
AUTO REPAIR, GARAGE
Est. value
$11.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1963
Heating
NONE
Buildings
9
Units
63
Lot
3.2 ac
Current owner
From public records · entity-resolved
2200 Atlanta Road LLC
Entity
Mailing address
4488 N SHALLOWFORD RD STE #201, DUNWOODY, GA 30338-6409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
—
2200 Atlanta Road LLC
—
Deed
related
$20,554,000 · Walker & Dunlop LLC
Nov 4, 2019
—
2200 Atlanta Road LLC
—
Deed
related
$4,644,000 · Cbre Cap Markets
Oct 5, 2017
$4,332,000
2200 Atlanta Road LLC
Sw Portfolio LLC
Grant Deed
$3,520,000 · Cbre Cap Markets
Oct 5, 2017
—
2200 Atlanta Road LLC
Sw Portfolio LLC
Quit Claim Deed
related
—
Sep 23, 2014
$1,280,000
Sw Portfolio LLC
Silver Wings Georgian Oaks Apa
Trustees Deed
$4,675,000 · Natixis R/e Cap
Feb 14, 2008
—
Silver Wings Ga Oaks Apts LLC
Silver Wings INC
Quit Claim Deed
$2,118,000 · Green Park Financial LP
Feb 14, 2008
$1,158,000
Silver Wings Ga Oaks Apts LLC
Silver Wings INC
Grant Deed
related
—
—
—
2200 Atlanta Road LLC
—
Deed Of Trust
related
$4,644,000 · Cbre Cap Markets
—
—
Southern Pearl Investments LLC
—
Deed Of Trust
related
$3,980,000 · Edgewood Mac V LLC
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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