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Property profile & analytics
OFF-MARKET
Estimated value
$23,975,000
Retail space
261 19th NW St Atlanta, GA 30363-1132
Individually Owned
10-yr Hold
Free & Clear
Property ID
US22-2949525
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
263,410 SF
Lot
2.66 ac (115,870 SF)
Zoning code
C4C
APN
17 010800010731
UPID
US22-2949525
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
-
LA Fitness Gym & Fitness Center
-
Midtown Bridge Church Church
-
B-Fresh Specialty Food Shop (Bike/Boat/Book/etc) Store
-
LaVazza Cafe & Coffee Shop
-
Men Restroom Plumbing Service Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.98M
Owner & transaction history
Ppf Rtl Atlantic Town Center L · 10 yrs held
Ppf Rtl Atlantic Town Center L
since 2015
7 recorded transactions
Zoning & alternative use
C4C · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$91 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$409,238
Tax year 2023
Assessed value
$9,884,984
Assessed 2023
Previous assessed
$9,884,984
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$5,200,360
Assessed improvement
$4,684,624
Land market value
$13,000,900
Improvement market value
$11,711,560
Total market value
$24,712,460
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Total area
263,410 SF
Lot
2.66 ac (115,870 SF)
Zoning code
C4C
APN
17 010800010731
UPID
US22-2949525
Jurisdiction
FULTON
Zoning & alternative use
C4C · Atlanta, GA
Zoning C4C · permitted uses
C4C · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Lot
2.66 ac
Current owner
From public records · entity-resolved
Ppf Rtl Atlantic Town Center L
Individual
Free & Clear · 10 yrs held
Mailing address
1380 ATLANTIC DR NW STE #14250, ATLANTA, GA 30363-1146
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2015
$196,460,000
Ppf Rtl Atlantic Town Center L
Sp5 Atlantic Retail Ventures L
Grant Deed
—
Mar 29, 2007
$408,900
Lars O Scofield
Atlantic,district Resident
Grant Deed
—
Dec 22, 2006
$398,900
Joiner,kyle & Catherine
Atlantic District Residl LLC
Grant Deed
$319,120 · Bank Of Nat'l Tr & Svgs
Oct 31, 2006
$390,900
Nashawna Harris
Atlantic,district Resident
Grant Deed
—
Oct 27, 2006
$512,470
Tristan Holmes
Li,thanh Tai
Grant Deed
—
Oct 5, 2006
—
Thanh Tai Li
Altantic,district Resident
Grant Deed
related
—
Aug 29, 2006
$531,406
Albert D Corry
Atlantic Town Center LLC
Grant Deed
—
Aug 29, 2006
$307,938
Miller Groom Christopher
Atlantic Town Center LLC
Grant Deed
—
Aug 29, 2006
$522,400
Jalen Rose
Atlantic Town Center LLC
Grant Deed
—
Aug 25, 2006
$534,748
James D Bunn
Atlantic Town Center LLC
Grant Deed
—
Aug 25, 2006
$749,900
Frank B Rodriguez
Atlantic Town Center LLC
Grant Deed
—
Aug 25, 2006
$349,900
Jason Shockley
Atlantic Town Center LLC
Grant Deed
—
Aug 25, 2006
—
Jamed D Bunn
Bunn,james D
Quit Claim Deed
related
—
Aug 24, 2006
$498,900
Chong Suk Hong
Atlantic Town Center LLC
Grant Deed
—
Aug 24, 2006
$534,372
Kevin G Gaulke
Atlantic Town Center LLC
Grant Deed
—
—
—
Albert D Corry
—
Deed Of Trust
related
$425,124 · Countrywide Mortgage Ventures
—
—
Nashawna Harris
—
Deed Of Trust
related
$326,960 · Midtown Bank & Trust Co
—
—
Nashawna Harris
—
Deed Of Trust
related
$312,720 · Countrywide Mortgage Ventures
—
—
Caroline S Sence
—
Deed Of Trust
related
$44,400 · Washington Mutual Bank
—
—
Phythian-sence,caroline S
—
Deed Of Trust
related
$44,400 · Washington Mutual Svgs Bk
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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