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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Office buildings
2234 Sylvan Rd, Atlanta, GA 30344-1815
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1751202
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1955
Construction
WOOD
Total area
5,066 SF
Lot
0.62 ac (27,181 SF)
Zoning code
I1
APN
14 0102 LL0231
UPID
US22-1751202
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
-
Atlanta Cash for Junk Cars Discount Store Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$960k
Blend (final)
Blend
$1.50M
Owner & transaction history
Evereglades Capital LLC · 4 yrs held
Evereglades Capital LLC
since 2021
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
I1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+16.3%
Medical building
$1.4M
+16.1%
Auto repair, garage
$1.3M
+8.5%
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
$1,525,000
ML approach
$1,525,000
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,380,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$1,375,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,285,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,130,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.47M (Sep 10 2021)
Last sale anchor
$1.47M
Sep 10 2021
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
$295 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,277
Tax year 2023
Assessed value
$151,520
Assessed 2023
Previous assessed
$110,920
+36.6% YoY
Effective rate
2.82%
On assessed value
Assessed land
$85,720
Assessed improvement
$65,800
Land market value
$214,300
Improvement market value
$164,500
Total market value
$378,800
Applied tax rate
20.0000
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 (MULTI-STORY)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
5,066 SF
Lot
0.62 ac (27,181 SF)
Zoning code
I1
APN
14 0102 LL0231
UPID
US22-1751202
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GA
Zoning I1 · permitted uses
I1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Evereglades Capital LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2210 SYLVAN RD, EAST POINT, GA 30344-1882
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$1,465,000
Evereglades Capital LLC
Loretta L Simpson
Warranty Deed
—
Jul 19, 2019
—
Loretta L Smipson
Simpson,loretta L
Quit Claim Deed
related
$560,889 · First Citizens Bk
Dec 30, 2013
—
Loretta S Mccurry
Mccurry,jeffery L
Quit Claim Deed
related
—
Mar 20, 2012
—
Mccurry,loretta L
Scaff,rosemary T
Grant Deed
$850,000 · Suntrust Bk/middle Ga
Jul 18, 2011
—
Rosemary T Scaff
Scaff Timothy L
Quit Claim Deed
related
—
—
—
Loretta L Mccurry
—
Deed Of Trust
related
$50,000 · Suntrust Bk/middle Ga
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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