New search
Property profile & analytics
FOR SALE
Warehouses
2513 Royal Pl Tucker, GA 30084
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1402270
For Sale
$3,900,000
2513 Royal Pl, Tucker, GA 30084
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
WOOD FRAME
Total area
19,458 SF
Lot
1.37 ac (59,677 SF)
Zoning code
M
APN
18 223 07 024
UPID
US22-1402270
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
-
Georgia Fountain Company, Inc. Construction Company General Contractor
-
American Fountain Supply Auto Repair Shop Vehicle Inspection Center
-
Fellers Schewe Scott & Roberts Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.20M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.45M
Owner & transaction history
First Properties LLC · 1 yrs held
First Properties LLC
since 2025
Last sale
$3.0M
3 recorded transactions
Zoning & alternative use
M · Tucker, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.7M
+64.5%
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 Tucker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucker 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%
$2,380,000
6.5%
$2,200,000
7%
$2,040,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,225,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,665,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $3.00M (Nov 28 2024)
Last sale anchor
$3.00M
Nov 28 2024
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
$126 / 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
$28,833
Tax year 2024
Assessed value
$620,000
Assessed 2024
Previous assessed
$620,000
+0.0% YoY
Effective rate
4.65%
On assessed value
Assessed land
$55,800
Assessed improvement
$564,200
Land market value
$139,500
Improvement market value
$1,410,500
Total market value
$1,550,000
Applied tax rate
90.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
19,458 SF
Lot
1.37 ac (59,677 SF)
Zoning code
M
APN
18 223 07 024
UPID
US22-1402270
Jurisdiction
DE KALB
Zoning & alternative use
M · Tucker, GA
Zoning M · permitted uses
M · Tucker, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tucker. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
First Properties LLC
Entity
Mailing address
2513 ROYAL PL, TUCKER, GA 30084-3035
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$3,000,000
First Properties LLC
Llma Group LLC
Deed
$1,232,000 · Avid Commercial
Feb 28, 2025
—
Ist Properties LLC
Llma Group LLC
Quitclaim Deed
related
$1,540,000 · Impact 504 Loan Fund
—
—
Llma Group LLC
—
Deed Of Trust
related
$752,000 · Midtown Bank & Trust Co
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.
