Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
2646 Gresham SE Rd Atlanta, GA 30316-4148
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-1326497
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2017
Construction
WOOD FRAME
Total area
3,397 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C1
APN
15 117 01 127
UPID
US22-1326497
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
-
East Atlanta Pediatric Dentistry: Teresa Jordan, DMD Dental Office
-
Beal Tax Services & Associates Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Jordan Property Holding Co LLC · 10 yrs held
Jordan Property Holding Co LLC
since 2015
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$925,000
+0.1%
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%
$750,000
6.5%
$690,000
7%
$645,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$925,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$925,000
Change: +0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$795,000
Change: -14% · Conversion: Easy
RETAIL STORES
$760,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$206 / 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
$11,854
Tax year 2024
Assessed value
$409,360
Assessed 2024
Previous assessed
$409,360
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$33,280
Assessed improvement
$376,080
Land market value
$83,200
Improvement market value
$940,200
Total market value
$1,023,400
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
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2017
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
3,397 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C1
APN
15 117 01 127
UPID
US22-1326497
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$865,000
OFFICE BUILDING
Est. value
$795,000
RETAIL STORES
Est. value
$760,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2017
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jordan Property Holding Co LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2646 GRESHAM RD SE, ATLANTA, GA 30316-4148
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2015
—
Jordan Property Holding Co LLC
Jordan,teresa
Quit Claim Deed
—
Jul 15, 2014
$50,000
Teresa Jordan PC
Wells Fargo Bk NA
Grant Deed
—
Jul 15, 2014
—
Teresa Jordan PC
Wells Fargo Bk NA
Quit Claim Deed
related
—
Mar 8, 2013
—
Suddenly Single Parents INC
Lightfoot Samuel SR
Quit Claim Deed
related
—
Nov 22, 2011
—
Samuel Lightfoot SR.
Lightfoot,samuel SR
Quit Claim Deed
related
—
Jun 1, 2006
—
Lightfoot,enterprises Lcl
Lightfoot,barbara Jean
Quit Claim Deed
related
—
Nov 12, 2004
$340,000
Barbara J Lightfoot
Tower Finl Svcs INC
Grant Deed
$306,700 · Tower Financial Services
Sep 28, 2004
$333,679
Tower Finl Svcs INC
Samuel Lightfoot SR LLC
Trustees Deed
related
—
Sep 16, 2004
—
Lightfoot Barbara J
Lightfoot,samuel SR
Quit Claim Deed
related
—
—
—
Lightfoot Enterprises LLC
—
Deed Of Trust
related
$1,000,000 · Wachovia Bank NA
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 2646 Gresham SE Rd?
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.
