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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Investment properties
242 11th NE St Atlanta, GA 30309-3738
Trust Owned
6-yr Hold
Absentee Owner
Property ID
US22-0856810
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Construction
WOOD
Total area
4,101 SF
Lot
0.11 ac (4,748 SF)
Zoning code
RG4
APN
17 010600090602
UPID
US22-0856810
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
-
Robert M. Cain, Architect Architect Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$590k
Owner & transaction history
Rmc Trust · 6 yrs held
Rmc Trust
since 2020
Last sale
$591,300
7 recorded transactions
Zoning & alternative use
RG4 · 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
$595,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $591k (Feb 18 2020)
Last sale anchor
$591k
Feb 18 2020
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
$144 / 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
$13,738
Tax year 2023
Assessed value
$331,840
Assessed 2023
Previous assessed
$331,840
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$52,720
Assessed improvement
$279,120
Land market value
$131,800
Improvement market value
$697,800
Total market value
$829,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
2
Bathrooms
1
Total area
4,101 SF
Lot
0.11 ac (4,748 SF)
Zoning code
RG4
APN
17 010600090602
UPID
US22-0856810
Jurisdiction
FULTON
Zoning & alternative use
RG4 · Atlanta, GA
Zoning RG4 · permitted uses
RG4 · 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
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Rmc Trust
Trust
Mailing address
857 VEDADO WAY NE, ATLANTA, GA 30308-1754
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 19, 2020
—
Rmc Trust
Sweet Pea Fusion LLC
Correction Deed
related
$615,000 · Centerstate Bank
Feb 19, 2020
—
Rmc Living Trust
Sweet Pea Fusion LLC
Quit Claim Deed
related
—
May 15, 2019
$835,000
Sweet Pea Fusion LLC
Seema Homes LLC
Grant Deed
—
May 15, 2019
—
Sweet Pea Fusion LLC
Patel,tina
Quit Claim Deed
related
—
Jan 30, 2017
$633,569
Seema Homes LLC
Deutsche Bk Natl 2004-1
Grant Deed
—
Mar 25, 2016
$450,130
Deutsche Bk Natl Trust C 2004-1 Tr
Porter,daisy & James B|bruce,james
Trustees Deed
related
—
Nov 30, 2015
$200,000
5645 Deerfield LLC
Sasha Cole LLC
Warranty Deed
—
Dec 27, 2012
—
Sasha Cole LLC
Porter,j Bruce & Daisy R
Warranty 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.
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