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Property profile & analytics
OFF-MARKET
Estimated value
$50,585,000
Banks
270 Ponce De Leon Ave Decatur, GA 30030
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2028838
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1962
Total area
56,558 SF
Lot
0.66 ac (28,575 SF)
Zoning code
X
APN
15 246 01 059
UPID
US22-2028838
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
by Request
Comparable Approach
Comparable
$43.95M
Blend (final)
Blend
$50.59M
Owner & transaction history
250 East Ponce Owner LLC · 4 yrs held
250 East Ponce Owner LLC
since 2021
Last sale
$52.5M
5 recorded transactions
Zoning & alternative use
X · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Home Page | Decatur GA
Top alternative use upside
Apartment house (5+ units)
$56.5M
+144.0%
Industrial (general)
$53.1M
+129.0%
Commercial (general)
$40.2M
+73.6%
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
$53,385,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$56,535,000
Change: +144% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$53,065,000
Change: +129% · Conversion: Difficult
COMMERCIAL (GENERAL)
$40,235,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$50.59M
Range $45.53M – $55.64M · ±10% · vs last sale $52.50M (Sep 10 2021)
Last sale anchor
$52.50M
Sep 10 2021
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
$894 / 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
$84,420
Tax year 2024
Assessed value
$19,285,908
Assessed 2024
Previous assessed
$19,285,908
+0.0% YoY
Effective rate
0.44%
On assessed value
Assessed land
$345,000
Assessed improvement
$18,940,908
Land market value
$862,500
Improvement market value
$47,352,270
Total market value
$48,214,770
Applied tax rate
92.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1962
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Total area
56,558 SF
Lot
0.66 ac (28,575 SF)
Zoning code
X
APN
15 246 01 059
UPID
US22-2028838
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GAZoning X · permitted uses
X · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home Page | Decatur GA
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$56.5M
INDUSTRIAL (GENERAL)
Est. value
$53.1M
COMMERCIAL (GENERAL)
Est. value
$40.2M
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1962
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
0.66 ac
Current owner
From public records · entity-resolved
250 East Ponce Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
75 5TH ST NW STE #1050, ATLANTA, GA 30308-1020
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$52,500,000
250 East Ponce Owner LLC
Tdc 250 E Ponce LLC
Warranty Deed
—
Dec 4, 2020
—
Tdc 250 E Ponce LLC
—
Deed
related
$4,000,000 · Truist Bk
Mar 12, 2008
$22,077,000
Dcp Renaissance Investors LLC
Apg Decatur LLC
Grant Deed
—
—
—
Dcp Renaissance Investors LLC
—
Deed Of Trust
related
$22,800,000 · Capmark Bank
—
—
Tdc 250 E Ponce LLC
—
Deed Of Trust
related
$4,000,000 · Truist 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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