New search
Property profile & analytics
OFF-MARKET
Estimated value
$19,055,000
High-rise multifamily apartments
2550 Blackmon Dr Decatur, GA 30033-6233
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0472537
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2020
Total area
165,894 SF
Lot
5.07 ac (220,849 SF)
Zoning code
MU-4
APN
18 049 12 006
UPID
US22-0472537
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
-
Forever February Hair Lounge Hair Salon
-
Abberly Skye Apartment Homes Real Estate Agency
-
Atlanta Sew Ins Cosmetic Store Big Box & Wholesale Store
-
Magic Touch Pro Wash Landscaping General Contractor
-
Scott Crossing Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.59M
Blend (final)
Blend
$19.06M
Owner & transaction history
Abberly Skye LLC
Abberly Skye LLC
since 2025
7 recorded transactions
Zoning & alternative use
MU-4 · Decatur, 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 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
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
$19.06M
Range $17.15M – $20.96M · ±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
$115 / 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
$1,411,784
Tax year 2024
Assessed value
$32,124,499
Assessed 2024
Previous assessed
$32,124,499
+0.0% YoY
Effective rate
4.39%
On assessed value
Assessed land
$4,497,430
Assessed improvement
$27,627,069
Land market value
$11,243,574
Improvement market value
$69,067,672
Total market value
$80,311,246
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Units
405
Rooms
5
Bathrooms
2
Total area
165,894 SF
Lot
5.07 ac (220,849 SF)
Zoning code
MU-4
APN
18 049 12 006
UPID
US22-0472537
Jurisdiction
DE KALB
Zoning & alternative use
MU-4 · Decatur, GA
Zoning MU-4 · permitted uses
MU-4 · 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.
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
405
Rooms
5
Bathrooms
2
Lot
5.07 ac
Current owner
From public records · entity-resolved
Abberly Skye LLC
Entity
Mailing address
1057 E MORELAND ST, CHARLOTTE, NC
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Abberly Skye LLC
Skye I Abberly
Deed
$64,449,000 · Pgim Real Estate Agency Financing
Oct 26, 2022
$162,540,000
Abberly Skye Tic I III LLC
Nr Decatur Crossing Property Owner
Limited Warranty Deed
$104,900,000 · Metlife Commercial Mortgage Origina
Nov 2, 2015
$342,000
Fuqua Bcdc Decatur Crossing
Hillard,jonathan W
Warranty Deed
—
Feb 19, 2013
$227,000
Jonathan W Hillard
Harvey,summer M & Matthew S
Warranty Deed
$100,000 · Michael W & Carol Hillard
Apr 16, 2010
$135,000
Matthew S Harvey
Wachovia Bank National Ass
Grant Deed
—
Sep 1, 2009
$171,182
Wachovia Bank National Associa
Johns,troy
Grant Deed
related
—
—
—
Troy C Johns
—
Deed Of Trust
related
$190,642 · Wachovia Bank NA
—
—
Troy C Johns
—
Deed Of Trust
related
$190,936 · Wachovia Bank NA
—
—
Matthew S Harvey
—
Deed Of Trust
related
$155,491 · Greater Atlanta Financial Svcs
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?”
You own 2550 Blackmon Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
