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Property profile & analytics
OFF-MARKET
Estimated value
$18,980,000
Warehouses
2331 Adams NW Dr Atlanta, GA 30318-1919
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1812264
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
144,624 SF
Lot
2.02 ac (87,817 SF)
Zoning code
I1
APN
17 023000040820
UPID
US22-1812264
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.98M
Owner & transaction history
Adams Owner LLC · 4 yrs held
Adams Owner LLC
since 2021
Last sale
$18.0M
7 recorded transactions
Zoning & alternative use
I1 · Atlanta, 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 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
$18,715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,960,000
6.5%
$21,195,000
7%
$19,680,000
Blend value · Realmo final
$18.98M
Range $17.08M – $20.88M · ±10% · vs last sale $18.00M (Sep 10 2021)
Last sale anchor
$18.00M
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
$131 / 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
$187,251
Tax year 2023
Assessed value
$4,810,080
Assessed 2024
Previous assessed
$4,522,960
+6.3% YoY
Effective rate
3.89%
On assessed value
Assessed land
$290,160
Assessed improvement
$4,519,920
Land market value
$725,400
Improvement market value
$11,299,800
Total market value
$12,025,200
Applied tax rate
5.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
YES
Cooling
YES
Stories
1
Total area
144,624 SF
Lot
2.02 ac (87,817 SF)
Zoning code
I1
APN
17 023000040820
UPID
US22-1812264
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.
Building & site characteristics
From public records
Year built
2019
Heating
YES
Cooling
Yes
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Adams Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30 HUDSON YARDS #75, NEW YORK, NY 10001-2170
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$18,000,000
Adams Owner LLC
Tso Adams Drive Self Storage LP
Warranty Deed
—
Nov 27, 2019
—
Tso Adams Drive Self Storage L
—
Trustees Deed
related
$9,325,000 · Branch Bk&tr
Aug 12, 2019
—
Tso Adams Drive Self Storage L
Four Clovers Properties LLC
Quit Claim Deed
related
—
Aug 12, 2019
$2,300,000
Tso Adams Dr Self Storage LP
Four Clovers Properties LLC
Grant Deed
—
Feb 1, 2019
$2,100,000
Four Clovers Properties LLC
Stansell,debra A
Grant Deed
$1,785,000 · Ameris Bk
Feb 1, 2019
—
Four Clovers Properties LLC
Stansell,debra A
Quit Claim Deed
related
—
Jul 2, 2012
—
Debra A Stansell
Stansell,joseph B
Quit Claim Deed
related
—
Jul 2, 2012
$82,000
Debra A Stansell
Stansell M N & T V Trust
Grant Deed
related
—
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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