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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
2890 Bouldercrest Rd Ellenwood, GA 30294-1015
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1716460
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD FRAME
Total area
1,800 SF
Lot
0.26 ac (11,151 SF)
Zoning code
C1
APN
15 053 01 010
UPID
US22-1716460
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
$500k
CAP Approach
CAP
$390k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Jasani Holding LLC · 1 yrs held
Jasani Holding LLC
since 2025
Last sale
$550,000
1 recorded transaction
Zoning & alternative use
C1 · Ellenwood, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$585,000
+28.6%
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 Ellenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenwood 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
$580,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$420,000
6.5%
$390,000
7%
$360,000
Alternative Use
Use
Estimation
RETAIL STORES
$455,000
Current use
COMMERCIAL (GENERAL)
$585,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$390,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $550k (Jan 14 2025)
Last sale anchor
$550k
Jan 14 2025
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
$286 / 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
$1,615
Tax year 2024
Assessed value
$24,160
Assessed 2024
Previous assessed
$24,160
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$13,360
Assessed improvement
$10,800
Land market value
$33,400
Improvement market value
$27,000
Total market value
$60,400
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
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.26 ac (11,151 SF)
Zoning code
C1
APN
15 053 01 010
UPID
US22-1716460
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Ellenwood, GA
Zoning C1 · permitted uses
C1 · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$455,000
COMMERCIAL (GENERAL)
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$390,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jasani Holding LLC
Entity
Mailing address
2377 LAFORTUNE DR, DECATUR, GA 30032-6438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$550,000
Jasani Holding LLC
John L Yates
Warranty Deed
$50,000 · Yates John L
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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