New search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office Spaces
2989 Piedmont NE Rd Atlanta, GA 30305-2700
Entity Owned
21-yr Hold
Free & Clear
Property ID
US22-0978501
Property summary
AI-generated overview
This exceptional ±3,000 square foot office suite presents a unique opportunity in the vibrant Buckhead district of Atlanta, Georgia. Situated at the highly visible intersection of Piedmont Road and Pharr Road, this property offers unparalleled accessibility and visibility. The building itself is a three-story structure, totaling 7,130 square feet, constructed in 1981. This single-tenant space is located within a single building, identified by APN 17 004600140145 in Fulton County. Its strategic location provides convenient access to major transportation arteries, including Interstate 85 and Georgia State Route 400, placing it within easy reach of the entire Atlanta metropolitan area. Furthermore, the property's proximity to both the Buckhead and Lindbergh MARTA stations offers employees and clients convenient public transportation options. Downtown Atlanta is only eight miles away, enhancing connectivity to the city's central business district. This property is ideal for businesses seeking a prominent presence in one of Atlanta's most sought-after commercial areas. The address is 2989 Piedmont Rd NE, Atlanta, GA 30305.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1981
Construction
WOOD
Total area
7,130 SF
Lot
0.16 ac (7,100 SF)
Zoning code
RLCC
APN
17 004600140145
UPID
US22-0978501
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
-
Skin Deep Skin Care Studio Spa & Massage Center Skin Care Clinic
-
Jenei Jonathan DC Alternative Medicine Practice
-
Turning Points Mediation , LLC Mediation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$925k
Owner & transaction history
Gma Properties LLC · 21 yrs held
Gma Properties LLC
since 2005
3 recorded transactions
Zoning & alternative use
RLCC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10%
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
$130 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,067
Tax year 2023
Assessed value
$436,400
Assessed 2023
Previous assessed
$436,400
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$359,360
Assessed improvement
$77,040
Land market value
$898,400
Improvement market value
$192,600
Total market value
$1,091,000
Applied tax rate
5.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
7,130 SF
Lot
0.16 ac (7,100 SF)
Zoning code
RLCC
APN
17 004600140145
UPID
US22-0978501
Jurisdiction
FULTON
Zoning & alternative use
RLCC · Atlanta, GA
Zoning RLCC · permitted uses
RLCC · 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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Gma Properties LLC
Entity
Free & Clear · 21 yrs held
Mailing address
1158 LANIER BLVD NE, ATLANTA, GA 30306-3549
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2005
$1,145,000
Gma Properties LLC
Walker,maria L
Grant Deed
—
—
—
Gma Properties LLC
—
Deed Of Trust
related
$1,821,567 · Wells Fargo Bank
—
—
Gma Properties LLC
—
Loan Modification
related
$1,542,343 · Wells Fargo Bk
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 2989 Piedmont 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.
