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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Auto shops
2975 Rainbow Dr Decatur, GA 30034
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0998404
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
STEEL FRAME
Total area
12,640 SF
Lot
0.87 ac (38,071 SF)
Zoning code
C2
APN
15 121 06 008
UPID
US22-0998404
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
-
CARSTAR Universal Body Shop of Decatur Auto Repair Shop
-
Atlantic Home Services General Contractor
-
Gibbs Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$536k
Blend (final)
Blend
$670k
Owner & transaction history
Collision Property Holdings Decatur · 5 yrs held
Collision Property Holdings Decatur
since 2021
Last sale
$657,500
2 recorded transactions
Zoning & alternative use
C2 · Decatur, 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 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
$670,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $658k (Mar 3 2021)
Last sale anchor
$658k
Mar 3 2021
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
$53 / 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
$8,294
Tax year 2024
Assessed value
$149,640
Assessed 2024
Previous assessed
$149,640
+0.0% YoY
Effective rate
5.54%
On assessed value
Assessed land
$29,928
Assessed improvement
$119,712
Land market value
$74,820
Improvement market value
$299,280
Total market value
$374,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
12,640 SF
Lot
0.87 ac (38,071 SF)
Zoning code
C2
APN
15 121 06 008
UPID
US22-0998404
Jurisdiction
DE KALB
Zoning & alternative use
C2 · Decatur, GA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Collision Property Holdings Decatur
Entity
Free & Clear · 5 yrs held
Mailing address
5361 BUFORD HWY NE, DORAVILLE, GA 30340-1129
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2021
$657,500
Collision Property Holdings Decatur
Irinda Atlanta Fund 1 LLC
Limited Warranty Deed
—
Jul 27, 2020
$405,000
Irinda Atlanta Fund 1 LLC
Gibbs Garage INC
Grant Deed
related
$405,000 · Josh Weinstein
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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