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Property profile & analytics
FOR LEASE
Warehouses
2534 N Royal Pl Tucker, GA 30084
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1017137
For Lease
1 / 9
$2,465,000
2534 N Royal Pl, Tucker, GA 30084
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
WOOD FRAME
Total area
27,296 SF
Lot
3.24 ac (141,134 SF)
Zoning code
M
APN
18 223 07 029
UPID
US22-1017137
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
-
Uniformed Scrapbooks-America (Bike/Boat/Book/etc) Store
-
Two Men And A Truck Moving Company Storage Facility
-
Beta Design Group Architecture Firm
-
World Vape Depot Big Box & Wholesale Store
-
C J's Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.47M
Owner & transaction history
Bv4 2534 N Royal Place LLC · 1 yrs held
Bv4 2534 N Royal Place LLC
since 2025
Last sale
$2.3M
4 recorded transactions
Zoning & alternative use
M · Tucker, 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 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
$2,265,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
$3,340,000
6.5%
$3,085,000
7%
$2,865,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,125,000
Current use
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±10% · vs last sale $2.34M (Sep 15 2021)
Last sale anchor
$2.34M
Sep 15 2021
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
$90 / 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
$55,373
Tax year 2024
Assessed value
$1,092,680
Assessed 2024
Previous assessed
$600,960
+81.8% YoY
Effective rate
5.07%
On assessed value
Assessed land
$168,269
Assessed improvement
$924,411
Land market value
$420,672
Improvement market value
$2,311,028
Total market value
$2,731,700
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 Lease
Year built
1986
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
27,296 SF
Lot
3.24 ac (141,134 SF)
Zoning code
M
APN
18 223 07 029
UPID
US22-1017137
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
$3.1M
WAREHOUSE, STORAGE Current
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
1986
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
3.24 ac
Current owner
From public records · entity-resolved
Bv4 2534 N Royal Place LLC
Entity
Mailing address
100 CRES CT STE #850, DALLAS, TX 75201-6904
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
$4,085,723
Bv4 2534 N Royal Place LLC
Sl6 Atl Industrial LP
Deed
$142,300,000 · Truist Bank
Sep 15, 2021
$2,336,450
Sl6 Atl Industrial LP
1998 Augustus Partners LP
Warranty Deed
—
Aug 12, 2004
—
1998 Augustus Partners LP
Lwr Assocs
Warranty Deed
related
—
—
—
Augustus Partners LP 1998
—
Deed Of Trust
related
$10,000,000 · Wachovia Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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