Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,855,000
Office buildings
2400 Herodian SE Way Smyrna, GA 30080-8581
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1066179
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
298,259 SF
Lot
5.39 ac (234,832 SF)
Zoning code
CRC
APN
17087700030
UPID
US22-1066179
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
-
Forward Van Lines Moving Company Storage Facility
-
Zoom Printer Wordwide, inc Marketing & Advertising Printing Service
-
eRailSafe General Contractor
-
Life in Balance LLC Accounting Firm
-
Mr. AppStudio Corp (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.86M
Owner & transaction history
Olymbec Sunbelt LLC · 4 yrs held
Olymbec Sunbelt LLC
since 2022
Last sale
$3.8M
4 recorded transactions
Zoning & alternative use
CRC · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$3,970,000
ML approach
$3,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±10% · vs last sale $3.76M (May 3 2022)
Last sale anchor
$3.76M
May 3 2022
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
$13 / 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
$225,172
Tax year 2024
Assessed value
$6,907,120
Assessed 2024
Previous assessed
$6,907,120
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$2,214,888
Assessed improvement
$4,692,232
Land market value
$5,537,220
Improvement market value
$11,730,580
Total market value
$17,267,800
Applied tax rate
9.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
2
Total area
298,259 SF
Lot
5.39 ac (234,832 SF)
Zoning code
CRC
APN
17087700030
UPID
US22-1066179
Jurisdiction
COBB
Zoning & alternative use
CRC · Smyrna, GA
Zoning CRC · permitted uses
CRC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Buildings
2
Lot
5.39 ac
Current owner
From public records · entity-resolved
Olymbec Sunbelt LLC
Entity
Mailing address
1004 E BRKS RD, MEMPHIS, TN 38116-1708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
—
Olymbec Sunbelt LLC
Olymbec USA LLC
Quit Claim Deed
related
$43,000,000 · Citi Real Estate Funding INC
Apr 27, 2017
—
Olymbec USA LLC
—
Deed
related
$12,000,000 · Pnc Bank NA
Dec 27, 2013
$3,763,000
Olymbec USA LLC
Hopewell Intl Invs LLC
Grant Deed
—
Dec 6, 2007
—
International Investm Hopewell
Hopewell International INC
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 2400 Herodian SE Way?
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.
