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Property profile & analytics
OFF-MARKET
Estimated value
$8,990,000
Warehouses
2251 Sylvan Rd East Point, GA 30344-1804
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0732711
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Total area
80,040 SF
Lot
34.32 ac (1,494,979 SF)
Zoning code
I1
APN
14 0123 LL0640
UPID
US22-0732711
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.64M
Comparable Approach
Comparable
$6.17M
Blend (final)
Blend
$8.99M
Owner & transaction history
South Central Fifty Ptrs LLC · 13 yrs held
South Central Fifty Ptrs LLC
since 2012
7 recorded transactions
Zoning & alternative use
I1 · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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%
$9,355,000
6.5%
$8,635,000
7%
$8,015,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,575,000
Current use
Blend value · Realmo final
$8.99M
Range $8.09M – $9.89M · ±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
$112 / 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
$172,743
Tax year 2023
Assessed value
$10,284,640
Assessed 2024
Previous assessed
$6,120,000
+68.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,569,720
Assessed improvement
$8,714,920
Land market value
$3,924,300
Improvement market value
$21,787,300
Total market value
$25,711,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1954
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Total area
80,040 SF
Lot
34.32 ac (1,494,979 SF)
Zoning code
I1
APN
14 0123 LL0640
UPID
US22-0732711
Jurisdiction
FULTON
Zoning & alternative use
I1 · East Point, GA
Zoning I1 · permitted uses
I1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$11.6M
WAREHOUSE, STORAGE Current
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
1954
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Lot
34.32 ac
Current owner
From public records · entity-resolved
South Central Fifty Ptrs LLC
Entity
Mailing address
3060 PEACHTREE RD NW STE #1080, ATLANTA, GA 30305-2251
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Dec 3, 2025
—
South Central Fifty Partners L
—
Deed
related
$15,855,000 · Ameris Bank
Jul 24, 2017
—
South Central Fifty Ptrs LLC
—
Deed
related
$8,000,000 · Hamilton St Bk
Dec 26, 2012
—
South Central Fifty Ptrs LLC
J M Boles Family LP
Quit Claim Deed
related
$6,400,000 · State Bank & Trust
Dec 26, 2012
$13,900,000
South Central Fifty Ptrs LLC
J M Boles Family LP
Grant Deed
$3,600,000 · State Bank & Trust
Oct 6, 2010
$3,432,400
Jm Boles Family LP
Ml-cfc Coml Mt Trust 2006-2
Grant Deed
$4,080,000 · Atlantic Capital Bank
Apr 7, 2009
$10,990,156
Us Bank National Association T
Sylvan Road LLC
Grant Deed
related
—
Feb 23, 2006
$83,500
Sylvan Road LLC
Merel,ventures Limited Par
Grant Deed
—
Feb 22, 2006
—
Merel,ventures Limited Partner
Rmms LLC
Grant Deed
related
—
—
—
South Central Fifty Ptrs LLC
—
Deed Of Trust
related
$8,000,000 · Hamilton St Bk
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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