Technical
Financial
Distress signals
Property profile

2988 Rainbow Dr Decatur, GA 30034

OFF-MARKET
Retail space
Property ID
US22-0447602
3,022 SF 0.46 ac lot Built 1974
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction WOOD FRAME
Total area 3,022 SF
Lot 0.46 ac (20,038 SF)
Zoning code C1
APN 15 121 02 035
UPID US22-0447602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

2988 Rainbow Dr Decatur, GA 30034-1605
Decatur metro Census 23446 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2023
Last sale
$490,000
7 recorded transactions
2023
Price N/A
2023
$490,000
2013
$93,000
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Decatur, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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