Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Turn key restaurants
2892 Druid Hls NE Rd Atlanta, GA 30329-3926
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1269719
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Construction
WOOD FRAME
Total area
5,554 SF
Lot
0.9 ac (39,378 SF)
Zoning code
C1
APN
18 111 04 008
UPID
US22-1269719
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
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Alembik Family Holdings LLC · 1 yrs held
Alembik Family Holdings LLC
since 2024
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$106 / 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
$73,366
Tax year 2024
Assessed value
$1,653,280
Assessed 2024
Previous assessed
$1,653,280
+0.0% YoY
Effective rate
4.44%
On assessed value
Assessed land
$205,520
Assessed improvement
$1,447,760
Land market value
$513,800
Improvement market value
$3,619,400
Total market value
$4,133,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2016
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
5,554 SF
Lot
0.9 ac (39,378 SF)
Zoning code
C1
APN
18 111 04 008
UPID
US22-1269719
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.
Building & site characteristics
From public records
Year built
2016
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Alembik Family Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2892 N DRUID HLS RD NE, ATLANTA, GA 30329-3926
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2024
—
Alembik Family Holdings LLC
Judith M Alembik
Warranty Deed
—
Apr 12, 2024
—
Henry A Rifkin Revocable Trust Ua D
Henry A Rifkin
Warranty Deed
—
Jun 18, 2018
—
Sidney H Newburger
Newburger,sidney H
Quit Claim Deed
related
—
Mar 20, 2018
—
To W G T N Declaration Of Trust
Trust Under Declaration Of T
Quit Claim Deed
related
—
Apr 7, 2016
—
Tillem,jerry Trust
Tillem Jerry
Quit Claim Deed
related
—
Jan 28, 2016
—
Andes,david Trust
Andes,david M
Quit Claim Deed
related
—
Aug 11, 2014
—
Judith Alembik
Alembik Aaron
Quit Claim Deed
related
—
Nov 12, 2013
—
Frosty Acres Ca LLC
Kulka,david
Grant Deed
related
—
Sep 30, 2013
$58,000
Mathew Kulka
Andres,jerry M
Grant Deed
—
Sep 30, 2013
$63,700
David Kulka
Andes,jerry M
Grant Deed
—
Dec 31, 2012
—
Cohen Lois H Trust
Cohen,lawrence
Quit Claim Deed
related
—
Oct 23, 2012
$146,700
Providence 2 LLC
Obrien,kimberly J
Grant Deed
—
Mar 8, 2004
—
Yvonne Tillem
Tillem,jerry
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 2892 Druid Hls NE 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.
