Entity Owned 
For Sale
1 / 31
$7,400,000
251 Trinity Ave SW, Atlanta, GA 30303
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Property summary
AI-generated overview
This mixed-use property totals approximately 35,000 square feet across three contiguous parcels and is located at 251 Trinity Avenue SW in downtown Atlanta, Georgia. The building includes apartment units and street-level retail space, with retail historically configured for uses such as a tattoo shop and a salon. The property also incorporates hospitality-oriented space that has been planned for additional tenant use, including restaurant, lounge, and nightclub concepts. The site is identified as having SPI-1 zoning and is situated near Atlanta Tech Village’s downtown campus and Wild Leap Brewery. Building improvements referenced for the property include a replaced roof and apartment modernization.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
10,449 SF
Lot
0.1 ac (4,225 SF)
Zoning code
SPI1
APN
14 007700050145
UPID
US22-1448602
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$240k
Owner & transaction history
since 2021
7 recorded transactions
Zoning & alternative use
SPI1 · Atlanta, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$240k
Value range
$216k – $264k
±10% around blend
Estimated value / SF
$23 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$216k
blend $240k
$264k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,449 SF
Lot area
0.1 ac
Year built
1920
Stories
1
APN
14 007700050145
Zoning
SPI1
Assessed value
$179,760
Annual tax
$8,341
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,341
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.70M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.6 mi away · 8,692 SF
10.5 mi away · 9,500 SF
12.4 mi away · 9,000 SF
13.5 mi away · 8,320 SF
16.1 mi away · 9,916 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$240k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 364 sales
$224
-90%
County 397 sales
$229
-90%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $23/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
6.40%
Selected cap rate for this retail space
Derived from the Atlanta market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.40%
9.0%
NOI (est.)
$474k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.40M
Move the market yield to see immediate price impact.
Value / SF
$708
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.90%6.40%6.90%
$426k
$7.23M
$6.66M
$6.18M
$474k
$8.03M
$7.40M
$6.87M
$521k
$8.83M
$8.14M
$7.55M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$5.48M
1.8 mi · Dec 2025 · $602/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,341
Tax year 2023
Assessed value
$179,760
Assessed 2023
Previous assessed
$179,760
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$60,960
Assessed improvement
$118,800
Land market value
$152,400
Improvement market value
$297,000
Total market value
$449,400
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1920
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
10,449 SF
Lot
0.1 ac (4,225 SF)
Zoning code
SPI1
APN
14 007700050145
UPID
US22-1448602
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GAZoning SPI1 · permitted uses
SPI1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SPI1
Jurisdiction
Atlanta, GA
Recorded code
SPI1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SPI1 in Atlanta, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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