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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Office buildings
2537 Candler Rd Decatur, GA 30032-6502
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1463950
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2023
Construction
FRAME
Total area
6,743 SF
Lot
11.89 ac (518,146 SF)
Zoning code
RM75
APN
15 137 02 001
UPID
US22-1463950
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
$2.02M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$1.97M
Owner & transaction history
Tranquility At Decatur LP · 3 yrs held
Tranquility At Decatur LP
since 2022
Last sale
$2.0M
1 recorded transaction
Zoning & alternative use
RM75 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+88.4%
Auto repair, garage
$1.8M
+4.2%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$1,585,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
$1,605,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,710,000
Current use
RESTAURANT
$3,220,000
Change: +88% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,780,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,620,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$1,560,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±10% · vs last sale $2.00M (Aug 17 2022)
Last sale anchor
$2.00M
Aug 17 2022
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
$291 / 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
$189,699
Tax year 2024
Assessed value
$5,096,760
Assessed 2024
Previous assessed
$449,360
+1,034.2% YoY
Effective rate
3.72%
On assessed value
Assessed land
$1,305,720
Assessed improvement
$3,791,040
Land market value
$3,264,300
Improvement market value
$9,477,600
Total market value
$12,741,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2023
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
8
Stories
1
Units
1
Bathrooms
3
Total area
6,743 SF
Lot
11.89 ac (518,146 SF)
Zoning code
RM75
APN
15 137 02 001
UPID
US22-1463950
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Decatur, GA
Zoning RM75 · permitted uses
RM75 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2023
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Units
1
Bathrooms
3
Lot
11.89 ac
Current owner
From public records · entity-resolved
Tranquility At Decatur LP
Entity
Mailing address
4110 SOUTHPOINT BLVD STE #206, JACKSONVILLE, FL 32216-0927
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
$2,000,000
Tranquility At Decatur LP
Gladden Ruth Bolton Estate
Warranty Deed
$33,055 · Key Bank
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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