New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Garden apartment buildings
2721 White Oak Dr Decatur, GA 30032-4371
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0344211
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
6,540 SF
Lot
2.6 ac (113,256 SF)
Zoning code
RM85
APN
15 184 02 009
UPID
US22-0344211
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
-
White Oak Townhomes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.97M
Owner & transaction history
Roots 2721 White Oak Mf LLC · 1 yrs held
Roots 2721 White Oak Mf LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
RM85 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.1M
+22.6%
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
$4,965,000
ML approach
$4,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,005,000
Current use
INDUSTRIAL (GENERAL)
$6,135,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$4.97M
Range $4.47M – $5.46M · ±10% · vs last sale $4.96M (Jul 24 2024)
Last sale anchor
$4.96M
Jul 24 2024
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
$759 / 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
$55,574
Tax year 2024
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,224,000
+0.0% YoY
Effective rate
4.54%
On assessed value
Assessed land
$97,920
Assessed improvement
$1,126,080
Land market value
$244,800
Improvement market value
$2,815,200
Total market value
$3,060,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Heating
NONE
Cooling
YES
Buildings
7
Stories
2
Units
34
Total area
6,540 SF
Lot
2.6 ac (113,256 SF)
Zoning code
RM85
APN
15 184 02 009
UPID
US22-0344211
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Decatur, GA
Zoning RM85 · permitted uses
RM85 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (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
1969
Heating
NONE
Cooling
Yes
Stories
2
Buildings
7
Units
34
Lot
2.6 ac
Current owner
From public records · entity-resolved
Roots 2721 White Oak Mf LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2721 WHITE OAK DR STE #103, DECATUR, GA 30032-4371
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 30, 2025
—
Roots 2721 White Oak Mf LLC
—
Deed
related
$2,735,000 · Berkadia Commercial Mortgage
Jul 24, 2024
$4,964,981
Roots 2721 White Oak Mf LLC
2721 White Oak LLC
Warranty Deed
—
Mar 4, 2020
$2,890,000
2721 White Oak LLC
Slyk Washington LLC
Grant Deed
$2,325,000 · Ameris Bk
Mar 4, 2020
—
Wiiiteoak Th Partners LLC
Whiteoak Th Partners LLC
Quit Claim Deed
related
—
Mar 30, 2017
$405,000
Hawks Landing White Oak LLC
White Oaks Townhomes Partners
Grant Deed
related
—
Jul 25, 2013
—
Griffin Assets Viii LLC
Craven,evelyn W
Quit Claim Deed
related
—
Jul 25, 2013
$500,000
Griffin Assets Viii LLC
Craven,evelyn W
Grant Deed
related
—
Apr 5, 2005
$15,000
Gladys & Jack Hirsch Trust
Wiggins,larry
Quit Claim Deed
—
Feb 3, 2004
$30,000
Gladys B Hirsch
Klopstock,williams J
Quit Claim Deed
related
—
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 2721 White Oak 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.
