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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Retail space
2855 Decatur Rd Decatur, GA 30033
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1568577
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
6,495 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
18 048 03 019
UPID
US22-1568577
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
$1.41M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.33M
Owner & transaction history
Metropolis Investments LLC · 8 yrs held
Metropolis Investments LLC
since 2018
5 recorded transactions
Zoning & alternative use
C1 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Home Page | Decatur GA
Top alternative use upside
Auto repair, garage
$1.7M
+13.3%
Commercial (general)
$1.7M
+12.6%
Office building
$1.6M
+8.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,525,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,515,000
Current use
AUTO REPAIR, GARAGE
$1,715,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,705,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$1,645,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$1,505,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$204 / 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
$38,242
Tax year 2024
Assessed value
$852,560
Assessed 2024
Previous assessed
$701,880
+21.5% YoY
Effective rate
4.49%
On assessed value
Assessed land
$453,480
Assessed improvement
$399,080
Land market value
$1,133,700
Improvement market value
$997,700
Total market value
$2,131,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
NONE
Cooling
YES
Stories
1
Total area
6,495 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
18 048 03 019
UPID
US22-1568577
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Decatur, GAZoning C1 · permitted uses
C1 · 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
RETAIL STORES Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
2004
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Metropolis Investments LLC
Entity
Mailing address
2668 BONAR HALL PATH, DULUTH, GA 30097-4975
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 21, 2018
$1,715,000
Metropolis Investments LLC
President Realty Group LLC
Grant Deed
$1,286,250 · Southern First Bk NA
Aug 8, 2016
—
President Realty Group LLC
—
Deed
related
$389,748 · Branch Bk&tr
Mar 10, 2006
$1,500,000
President Realty Group LLC
Old Decatur Square LLC
Deed
$574,100 · Main Street Bk
Mar 7, 2006
$1,500,000
President Realty Grp LLC
Old Decatur Square LLC
Grant Deed
$574,100 · Main Street Bank
—
—
President Realty Group LLC
—
Loan Modification
related
$389,748 · Branch Bk&tr
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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