New search
Property profile & analytics
FOR SALE
Retail space
251 Trinity Ave SW, Atlanta, GA 30303
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1448602
For Sale
1 / 31
$7,400,000
251 Trinity Ave SW, Atlanta, GA 30303
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$855k
Owner & transaction history
Wsd Properties LLC · 5 yrs held
Wsd Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
SPI1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$82 / 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
$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
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
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, GA
Zoning SPI1 · permitted uses
SPI1 · 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
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Wsd Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
678 LEXINGTON AVE SW, ATLANTA, GA 30310-3536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Schlagely Group LLC
—
Deed
related
$5,221,010 · Banksouth
Jul 2, 2021
—
Wsd Properties LLC
—
Deed
related
$52,000 · Banksouth
Apr 7, 2021
—
Wsd Properties LLC
Wsd Properties LLC
Limited Warranty Deed
—
Dec 22, 2014
$600,000
Zaghmout Brothers LLC
Trinity Ave Property LLC
Grant Deed
—
Mar 29, 2013
$400,000
Trinity Ave Property LLC
Atlas Ga I Spe LLC
Grant Deed
—
Apr 2, 2007
—
Joyner,samuel R JR & Louise O
Joyner,louise O
Quit Claim Deed
related
$500,000 · Branch Bk&tr
Apr 2, 2007
$1,100,000
Joyner,louise O
Trinity Lofts INC
Grant 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.
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?”
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.
