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Property profile & analytics
OFF-MARKET
Estimated value
$22,265,000
Medical Office Space
250 Arcadia Ave Decatur, GA 30030-2115
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-3569166
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Total area
111,543 SF
Lot
14.51 ac (632,056 SF)
APN
18 008 06 020
UPID
US22-3569166
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
-
Decatur VA Clinic (Sleep Clinic) Medical Clinic
-
Dermatology Department Medical Clinic
-
Daviea Taylor-Hicks Physician
-
Atlanta VA Clinic Hospital
-
Dr. Christopher Bell Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.88M
Comparable Approach
Comparable
$26.42M
Blend (final)
Blend
$22.27M
Owner & transaction history
GP GOVT PROPERTIES I LLC
GP GOVT PROPERTIES I LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$34.4M
+33.1%
Auto repair, garage
$29.4M
+13.9%
Retail stores
$26.0M
+0.6%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,955,000
6.5%
$24,880,000
7%
$23,105,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$25,845,000
Current use
OFFICE BUILDING
$34,400,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$29,445,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$25,995,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$22.27M
Range $20.04M – $24.49M · ±10%
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
$200 / 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
$93,668
Tax year 2024
Assessed value
$8,916,520
Assessed 2024
Previous assessed
$8,916,520
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,283,000
Assessed improvement
$6,633,520
Land market value
$5,707,500
Improvement market value
$16,583,800
Total market value
$22,291,300
Applied tax rate
92.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Total area
111,543 SF
Lot
14.51 ac (632,056 SF)
APN
18 008 06 020
UPID
US22-3569166
Jurisdiction
DE KALB
Zoning & alternative use
Zoning · permitted uses
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
MEDICAL BUILDING Current
Est. value
$25.8M
OFFICE BUILDING
Est. value
$34.4M
AUTO REPAIR, GARAGE
Est. value
$29.4M
RETAIL STORES
Est. value
$26.0M
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1985
Heating
NONE
Lot
14.51 ac
Current owner
From public records · entity-resolved
GP GOVT PROPERTIES I LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2221 EDWARD HOLLAND DR #600, RICHMOND, VA 23230-2518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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