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Property profile & analytics
OFF-MARKET
Estimated value
$13,360,000
Office buildings
299 Joseph E Lowery NW Blvd Atlanta, GA 30314-3217
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-0981610
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2019
Construction
STEEL FRAME
Total area
69,705 SF
Lot
1.06 ac (46,304 SF)
Zoning code
C1
APN
14 011000011799
UPID
US22-0981610
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
$15.32M
Comparable Approach
Comparable
$13.45M
Blend (final)
Blend
$13.36M
Owner & transaction history
Qcdo Support Corp · 7 yrs held
Qcdo Support Corp
since 2019
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$19.0M
+16.3%
Medical building
$19.0M
+16.1%
Auto repair, garage
$17.7M
+8.5%
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%
$16,595,000
6.5%
$15,320,000
7%
$14,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,320,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$18,970,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$18,950,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$17,700,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$15,635,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$15,540,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$13.36M
Range $12.02M – $14.70M · ±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
$192 / 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
Assessed value
$5,851,840
Assessed 2023
Previous assessed
$5,851,840
+0.0% YoY
Assessed land
$259,320
Assessed improvement
$5,592,520
Land market value
$648,300
Improvement market value
$13,981,300
Total market value
$14,629,600
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
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
69,705 SF
Lot
1.06 ac (46,304 SF)
Zoning code
C1
APN
14 011000011799
UPID
US22-0981610
Jurisdiction
FULTON
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.0M
MEDICAL BUILDING
Est. value
$19.0M
AUTO REPAIR, GARAGE
Est. value
$17.7M
RETAIL STORES
Est. value
$15.6M
INDUSTRIAL (GENERAL)
Est. value
$15.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Qcdo Support Corp
Entity
Mailing address
878 ROCK ST NW, ATLANTA, GA 30314-3377
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2019
$560,000
Qcdo Support Corp
Quest Cmnty Dev Org INC
Grant Deed
$10,350 · Aemi Fund Xix LLC
May 17, 2018
—
Quest Cmnty Dev Org INC
—
Deed
related
—
Sep 27, 2016
$800,100
Quest Cmnty Dev Organization I
Soteal Ents LLC
Grant Deed
$560,000 · Enterprise Cmnty Ln Fund
Sep 27, 2016
—
Quest Cmnty Dev Organization I
Soteal Ents LLC
Quit Claim Deed
related
—
Feb 8, 2008
—
Soteal Ents LLC
Tenenbaum,terry
Grant Deed
related
$575,000 · Wachovia Bk/ga
Feb 7, 2008
—
Soteal Enterprises LLC
Tenenbaum,terry
Grant Deed
$575,000 · Wachovia Bank NA
—
—
Quest Cmnty Dev Org INC
—
Loan Modification
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
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