Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Warehouses
2344 John Glenn Dr Atlanta, GA 30341-1902
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0848755
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
WOOD FRAME
Total area
25,740 SF
Lot
1.7 ac (74,052 SF)
Zoning code
X
APN
18 323 05 044
UPID
US22-0848755
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
-
Ellison Manufacturing Co Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.50M
Owner & transaction history
Jbe Realty Holdings LLC · 1 yrs held
Jbe Realty Holdings LLC
since 2024
Last sale
$4.5M
2 recorded transactions
Zoning & alternative use
X · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.0M
+49.2%
Medical building
$7.0M
+49.0%
Auto repair, garage
$6.5M
+39.2%
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
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
$3,010,000
6.5%
$2,775,000
7%
$2,580,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,695,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,005,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$7,000,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,535,000
Change: +39% · Conversion: Easy
RETAIL STORES
$5,775,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,755,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Aug 14 2024)
Last sale anchor
$4.50M
Aug 14 2024
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
$175 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$36,765
Tax year 2024
Assessed value
$712,080
Assessed 2024
Previous assessed
$712,080
+0.0% YoY
Effective rate
5.16%
On assessed value
Assessed land
$178,020
Assessed improvement
$534,060
Land market value
$445,050
Improvement market value
$1,335,150
Total market value
$1,780,200
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
1967
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
25,740 SF
Lot
1.7 ac (74,052 SF)
Zoning code
X
APN
18 323 05 044
UPID
US22-0848755
Jurisdiction
DE KALB
Zoning & alternative use
X · Atlanta, GA
Zoning X · permitted uses
X · 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
WAREHOUSE, STORAGE Current
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$6.5M
RETAIL STORES
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (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
1967
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Jbe Realty Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2344 JOHN GLENN DR, ATLANTA, GA 30341-1902
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$4,500,000
Jbe Realty Holdings LLC
John Glenn Drive LLC
Limited Warranty Deed
—
Oct 12, 2010
—
John Glenn Drive LLC
Schroder,mary E B
Quit Claim Deed
—
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 2344 John Glenn Dr?
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.
