New search
Property profile & analytics
OFF-MARKET
Assisted living facilities
2331 Flt Shls Rd, South Fulton, GA 30349
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0619661
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2010
Construction
WOOD
Total area
15,920 SF
Lot
1.82 ac (79,192 SF)
Zoning code
AG1
APN
13 012400010052
UPID
US22-0619661
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Phong Lee Nguyen · 5 yrs held
Phong Lee Nguyen
since 2021
7 recorded transactions
Zoning & alternative use
AG1 · South Fulton, 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 South Fulton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Fulton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,699
Tax year 2023
Assessed value
$379,040
Assessed 2023
Previous assessed
$379,040
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$147,600
Assessed improvement
$231,440
Land market value
$369,000
Improvement market value
$578,600
Total market value
$947,600
Applied tax rate
55.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
15,920 SF
Lot
1.82 ac (79,192 SF)
Zoning code
AG1
APN
13 012400010052
UPID
US22-0619661
Jurisdiction
FULTON
Zoning & alternative use
AG1 · South Fulton, GA
Zoning AG1 · permitted uses
AG1 · South Fulton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Fulton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
1.82 ac
Current owner
From public records · entity-resolved
Phong Lee Nguyen
Individual
Mailing address
8324 GOVERNOR RIDGLEY LN, ELLICOTT CITY, MD 21043-3451
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
—
Phong Lee Nguyen
Its Simple INC
Foreclosure
related
—
Mar 25, 2016
$525,000
Its Simple INC
Indigo Realty LLC
Grant Deed
$420,000 · Iofus-fcc Holdings I LLC
May 20, 2014
—
Iofus-fcc Fsi I LLC
Iofus-fcc Holdings I LLC
Quit Claim Deed
related
—
Apr 16, 2014
$1,800,000
Iofus-fcc Holdings I LLC
Floyd J Holdings LLC
Trustees Deed
related
—
Jun 20, 2011
—
Willie Johnson
—
Trustees Deed
related
$70,000 · Rsa Financial INC
Jun 10, 2009
—
Floyd J Holdings LLC
Simmons,yolanda M
Grant Deed
related
—
Nov 20, 2008
—
Yolanda M Simmons
Smith,michele
Grant Deed
related
—
Apr 10, 2008
—
Simmons,yolanda M
Simmons,yolanda M
Quit Claim Deed
related
—
May 9, 2007
—
Michele Smith
Simmons,yolanda M
Grant Deed
related
—
Jul 18, 2006
—
Simmons,yolanda M
Johnson,sharonita O
Quit Claim Deed
related
—
Jun 29, 2006
—
Yolanda M Simmons
RT,and More
Grant Deed
related
—
Apr 17, 2006
—
Art & More
Johnson,sharonita O
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2331 Flt Shls Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
