Property profile

2536 Mellville Ave Decatur, GA 30032

OFF-MARKET
High-rise multifamily apartments
Property ID
US22-1182576
108,654 SF 3.14 ac lot Built 2019
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2019
Total area 108,654 SF
Lot 3.14 ac (136,778 SF)
Zoning code C-1
APN 15 170 11 056
UPID US22-1182576

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

2536 Mellville Ave Decatur, GA 30032-4121
Decatur metro Census 23601 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$22.46M
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.07M

Owner & transaction history

Zoning & alternative use

C-1 · Decatur, GA
Zoning description

C-1 - Local Commercial RM-43 - Multiple Family Residential C-2 - General Commercial C-3 - Heavy Commercial MU - Mixed Use Amendments to the comprehensive land use map or the zoning map may be initiated by the City Commis…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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