Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,795,000
Community centers
2455 Delowe Dr East Point, GA 30344-2338
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0810111
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1953
Total area
24,764 SF
Lot
3.72 ac (162,043 SF)
Zoning code
C1
APN
14 018800060181
UPID
US22-0810111
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Hnfam Delowe Group LLC · 8 yrs held
Hnfam Delowe Group LLC
since 2018
7 recorded transactions
Zoning & alternative use
C1 · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$113 / 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
$41,555
Tax year 2023
Assessed value
$1,472,240
Assessed 2023
Previous assessed
$700,000
+110.3% YoY
Effective rate
2.82%
On assessed value
Assessed land
$178,760
Assessed improvement
$1,293,480
Land market value
$446,900
Improvement market value
$3,233,700
Total market value
$3,680,600
Applied tax rate
20.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1953
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Total area
24,764 SF
Lot
3.72 ac (162,043 SF)
Zoning code
C1
APN
14 018800060181
UPID
US22-0810111
Jurisdiction
FULTON
Zoning & alternative use
C1 · East Point, GA
Zoning C1 · permitted uses
C1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
3.72 ac
Current owner
From public records · entity-resolved
Hnfam Delowe Group LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2052 HEADLAND DR #1610, EAST POINT, GA 30344-2135
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jan 5, 2018
$1,750,000
Hnfam Delowe Group LLC
Baklayan,vicken & Zozete
Grant Deed
—
Apr 2, 2015
$2,041,000
Eastpoint Fd Freestanding LLC
Hamilton Properties LLC
Grant Deed
—
Jul 1, 2014
$455,000
Hamilton Properties LLC
Baklayan,vicken & Zozete
Warranty Deed
$1,652,670 · Sundance Debt Partners LLC
Jun 28, 2010
$1,800,000
Delowe Center LLC
Baklayan,vicken & Zozete
Dual Purpose Document
related
$1,575,000 · Vicken & Zozete Baklayan
Aug 21, 2008
—
Vicken Baklyan
Alterman Properties Exchange LLC
Grant Deed
related
—
Dec 18, 2007
$1,650,000
Baklyan,vicken & Zozete
Alterman Props Exchange LLC
Grant Deed
—
Dec 11, 2007
—
Properties Exchange L Alterman
Alterman Properties LLC
Quit Claim Deed
related
—
Aug 30, 2007
$1,650,000
Alterman Props Exchange LLC
Alterman Properties LLC
Grant 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 2455 Delowe 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.
