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Property profile & analytics
OFF-MARKET
Estimated value
$4,700,000
Motels
264 Nn NW Ave Atlanta, GA 30313
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1722401
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Total area
53,676 SF
Lot
0.54 ac (23,522 SF)
Zoning code
C3
APN
14 007900010253
UPID
US22-1722401
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
by Request
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Paramount Atlanta LLC · 21 yrs held
Paramount Atlanta LLC
since 2005
4 recorded transactions
Zoning & alternative use
C3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,385,000
6.5%
$4,970,000
7%
$4,615,000
Blend value · Realmo final
$4.70M
Range $4.23M – $5.17M · ±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
$88 / 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
$169,108
Tax year 2023
Assessed value
$3,644,560
Assessed 2023
Previous assessed
$3,407,228
+7.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$463,360
Assessed improvement
$3,181,200
Land market value
$1,158,400
Improvement market value
$7,953,000
Total market value
$9,111,400
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
106
Total area
53,676 SF
Lot
0.54 ac (23,522 SF)
Zoning code
C3
APN
14 007900010253
UPID
US22-1722401
Jurisdiction
FULTON
Zoning & alternative use
C3 · Atlanta, GA
Zoning C3 · permitted uses
C3 · 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
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
106
Lot
0.54 ac
Current owner
From public records · entity-resolved
Paramount Atlanta LLC
Entity
Mailing address
3715 NORTHSIDE PKWY NW STE, ATLANTA, GA 30327-2864
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Sep 1, 2011
—
Paramount Atlanta LLC
—
Trustees Deed
related
$2,545,335 · Branch Banking & Trust Co
Apr 19, 2007
—
Paramount Atlanta LLC
—
Loan Modification
related
$1,700,000 · Branch Bk&tr
Jun 30, 2005
—
Paramount Atlanta LLC
L & N Holdings LLC
Quit Claim Deed
related
$3,687,500 · Branch Bk&tr
Jun 30, 2005
$4,350,000
Paramount Atlanta LLC
L & N Holdings LLC
Grant Deed
—
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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