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    Property profile & analytics

    2899 Cedar Brk Dr Decatur, GA 30033-6028

    • Garden apartment buildings
    • 26,484 SF
    • 14.25 lot acres
    OFF-MARKET
    Value Estimation
    $25,810,000
    Last Sale
    Aug 07, 2020
    $21,000,000
    Location Intelligence
    Property ID
    US22-2284790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2899 Cedar Brk Dr

    Year built
    1972
    Lot size
    14.25 lot acres
    Property size
    26,484 SF
    Zone code
    RM85
    Property type
    Garden apartment buildings
    APN
    18 064 07 028
    APU
    1806407028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $26,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $23,025,000
      6.5%
      $19,640,000
      7%
      $21,520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $23,685,000
      Geo Method
      $23,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $22,295,000
      Retail
      $23,120,000
      Mixed-Use
      $19,915,000
      Hospitality
      $21,420,000
      Educational
      $21,945,000
      Residential Income
      $18,085,000
      Energy
      $22,775,000
      Income-Based Land
      $24,165,000
      Food Service
      $19,025,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2667
    Latitude
    33.7964
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $338,363
    $2,091,000
    $9,455,080
    $11,546,080
    -
    $5,227,500
    $23,637,700
    $28,865,200

    Comparable in this City

    • Value Estimation by Request
      16,848 SF

      3440 Druid Hls Rd

      GARDEN APT, COURT APT (5+ UNITS) • 16,848 SF
      3440 Druid Hls Rd, Decatur, GA 30033-3714
      View Details
    • Value Estimation by Request
      36,944 SF

      2400 Clairmont Lk

      GARDEN APT, COURT APT (5+ UNITS) • 36,944 SF
      2400 Clairmont Lk, Decatur, GA 30033
      View Details
    • Value Estimation by Request
      21,840 SF

      2400 Clairmont Lk

      GARDEN APT, COURT APT (5+ UNITS) • 21,840 SF
      2400 Clairmont Lk, Decatur, GA 30033
      View Details
    • Value Estimation by Request
      37,792 SF

      1985 Mason Ml Rd

      GARDEN APT, COURT APT (5+ UNITS) • 37,792 SF
      1985 Mason Ml Rd, Decatur, GA 30033
      View Details
    • Value Estimation by Request
      8,902 SF

      589 Clairmont Cir

      GARDEN APT, COURT APT (5+ UNITS) • 8,902 SF
      589 Clairmont Cir, Decatur, GA 30033-6161
      View Details
    • Value Estimation
      $16,910,000
      6,656 SF

      1073 Mclendon Dr

      GARDEN APT, COURT APT (5+ UNITS) • 6,656 SF
      1073 Mclendon Dr, Decatur, GA 30033
      View Details

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    Similar Nearby for Lease

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      1,334 SF

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    • Contact for pricing

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      1.2 Acres NNN Ground Lease

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    Decatur, GA 30033-6028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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