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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2202 Northlake Pkwy Tucker, GA 30084-4003

    • Turn key restaurants
    • 5,625 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3791375
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Old Hickory House / Restaurant

    Property Details for 2202 Northlake Pkwy

    Year built
    1974
    Lot size
    0.97 lot acres
    Property size
    5,625 SF
    Property type
    Turn key restaurants
    APN
    18 210 08 045
    APU
    1821008045

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $739,000
      Market price range: $528k - $1.47M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2452
    Latitude
    33.85
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $26,574
    $262,400
    $537,600
    $800,000
    -
    $656,000
    $1,344,000
    $2,000,000

    Comparable in this City

    • Value Estimation
      $870,000
      9,720 SF

      2000 Cres Ctr Blvd

      RESTAURANT • 9,720 SF
      2000 Cres Ctr Blvd, Tucker, GA 30084-5332
      View Details
    • Value Estimation
      $3,600,000
      6,329 SF

      4286 Lavista Rd

      RESTAURANT • 6,329 SF
      4286 Lavista Rd, Tucker, GA 30084-5309
      View Details
    • Value Estimation
      $1,200,000
      4,586 SF

      3893 Lavista Rd

      RESTAURANT • 4,586 SF
      3893 Lavista Rd, Tucker, GA 30084-5146
      View Details
    • Value Estimation
      $890,000
      5,210 SF

      4021 Lawrenceville Hwy

      RESTAURANT • 5,210 SF
      4021 Lawrenceville Hwy, Tucker, GA 30084-4620
      View Details
    • Value Estimation by Request
      1,600 SF

      3180 Tucker Norcross Rd

      RESTAURANT • 1,600 SF
      3180 Tucker Norcross Rd, Tucker, GA 30084-2123
      View Details
    • Value Estimation by Request
      2,653 SF

      4453 Hugh Howell Rd

      RESTAURANT • 2,653 SF
      4453 Hugh Howell Rd, Tucker, GA 30084-4911
      View Details

    Similar Nearby for Sale

    • New
      $1,495,000
      0.92 Acres

      Prime Tucker Redevelopment Opportunity

      Corner lot near I-285, suitable for commercial/residential redevelopment.
      4317 Lavista Rd, Tucker, GA 30084
      View Details
    • $800,000
      2,100 SF

      Tucker Auto Shop - $800K

      Established auto shop, 2100 sq ft, high sales.
      2262 Township Ln, Tucker, GA 30084
      View Details
    • $849,000
      4,367 SF

      Tucker Commercial Building For Sale

      Freestanding Tucker building suitable for medical, daycare, or retail.
      3193 Evelyn St, Tucker, GA 30084
      View Details
    • $850,000
      6,000 SF

      Tucker Storefront Build-to-Suit

      6,000 SF Vacant Retail Space, High Traffic Corner
      4305 Cowan Rd, Tucker, GA 30084
      View Details
    • $2,800,000
      1.23 Acres

      Prime Commercial Property in Tucker

      High-visibility commercial property with income potential in downtown Tucker.
      4281 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • $675,000
      0.25 Acres

      Tucker Commercial Building For Sale

      Commercial building in Tucker with high visibility and flexible zoning.
      4065 Lawrenceville Hwy, Tucker, GA 30084
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      2,442 SF

      Tucker Restaurant Opportunity

      High-traffic, renovated restaurant space
      4421 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Freestanding Restaurant in Tucker Retail

      Freestanding restaurant with drive-thru in Tucker's retail corridor.
      4094 Lawrenceville Hwy, Tucker, GA 30084
      View Details
    • Contact for pricing
      12,123 SF

      Northlake Plaza Retail Space for Lease

      Jonesboro, GA: Prime Retail Opportunity
      3900 Lavista Rd, Jonesboro, GA 30084
      View Details
    • $22 SF/Yr
      87,658 SF

      Tucker Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      3201 Tucker Norcross Rd, Tucker, GA 30084
      View Details
    • Contact for pricing
      8,450 SF

      Tucker Retail Space For Lease

      Retail space available at a signalized intersection in Tucker, GA.
      3853 Lawrenceville Hwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Northlake Power Center Retail Space

      Retail spaces available in a high-traffic power center.
      3983-4073 Lavista Rd, Tucker, GA 30084
      View Details
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    2202 Northlake Pkwy
    Tucker, GA 30084-4003
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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