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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Commercial land
24 Bell NE St Atlanta, GA 30303-2642
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1676057
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1954
Total area
1,346 SF
Lot
0.06 ac (2,744 SF)
Zoning code
SPI1
APN
14 005100120245
UPID
US22-1676057
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Sweet Auburn Grande LLC · 1 yrs held
Sweet Auburn Grande LLC
since 2024
Last sale
$499,703
7 recorded transactions
Zoning & alternative use
SPI1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$365,000
+243.3%
Medical building
$365,000
+242.9%
Auto repair, garage
$340,000
+220.3%
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
$520,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$365,000
Change: +243% · Conversion: Difficult
MEDICAL BUILDING
$365,000
Change: +243% · Conversion: Easy
AUTO REPAIR, GARAGE
$340,000
Change: +220% · Conversion: Difficult
OFFICE BUILDING
$315,000
Change: +195% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $500k (Sep 27 2021)
Last sale anchor
$500k
Sep 27 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
$383 / 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
$12,112
Tax year 2023
Assessed value
$78,080
Assessed 2023
Previous assessed
$195,280
-60.0% YoY
Effective rate
15.51%
On assessed value
Assessed land
$78,080
Land market value
$195,200
Total market value
$195,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1954
Heating
YES
Cooling
YES
Total area
1,346 SF
Lot
0.06 ac (2,744 SF)
Zoning code
SPI1
APN
14 005100120245
UPID
US22-1676057
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GAZoning SPI1 · permitted uses
SPI1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$365,000
MEDICAL BUILDING
Est. value
$365,000
AUTO REPAIR, GARAGE
Est. value
$340,000
OFFICE BUILDING
Est. value
$315,000
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
Lot
0.06 ac
Current owner
From public records · entity-resolved
Sweet Auburn Grande LLC
Entity
Free & Clear · 1 yrs held
Mailing address
551 PAGE AVE SE, ATLANTA, GA 30307
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
—
Sweet Auburn Grande LLC
—
Deed
related
$1,500,000 · Togetheratl Affordable Housing
Nov 1, 2024
$1,872,300
Sweet Auburn Grande LLC
245 Auburn LLC
Quitclaim Deed
—
Sep 27, 2021
$499,703
245 Auburn LLC
Stars & Stripes 1f LLC
Warranty Deed
—
Nov 5, 2015
$175,000
Stars & Stripes 1f LLC
Silver Creek Redevelopment Co
Grant Deed
$131,250 · Silver Creek Redevelopment Co
Feb 12, 2015
—
Silver Creek Redevelopment Co
—
Trustees Deed
related
$100,000 · Columbia Cap
Jan 20, 2010
$100,000
Silver Creek Redevelopment Co
Harris,pamela
Grant Deed
—
Dec 31, 2007
—
Pamela Harris
Harris Zachery JR
Deed
$70,000 · Lib Prop Ltd
Dec 21, 2007
$70,000
Pamela Harris
Harris,welcome JR
Grant Deed
related
$70,000 · Lib Properties Ltd
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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