Entity Owned 
For Lease
1 / 42
$1,200/Mo
309 Sycamore St, Decatur, GA 30030
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Property summary
AI-generated overview
The Sycamore Building is an office property located in Downtown Decatur, Georgia, situated on a 0.5-acre lot and zoned C2. The building’s historic character has been preserved through multiple renovations. Office suites are configured with access to a shared lobby and include a reception area and conference room, along with digital access control. The first floor encompasses approximately 5,180 square feet and is designed to be adaptable to tenant fit-out needs. The building is positioned near major civic destinations, including the DeKalb County Courthouse and Decatur City Hall, and is also convenient to Decatur & Avondale MARTA rail stations, supporting access by train, bus, bicycle, or car.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Construction
FRAME
Total area
3,604 SF
Lot
0.45 ac (19,602 SF)
Zoning code
HDSF
APN
15 246 02 040
UPID
US22-0814915
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
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$675k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
since 2013
5 recorded transactions
Zoning & alternative use
HDSF · Decatur, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$69 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,604 SF
Lot area
0.45 ac
Year built
1870
Stories
2
APN
15 246 02 040
Zoning
HDSF
Assessed value
$443,203
Annual tax
$4,450
3
Income approach: direct capitalization
Partial preview
Income approach indication
$675k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$730k
@ 6.5% CAP return
$675k
@ 7% CAP return
$625k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$4,450
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$990k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.2 mi away · 3,990 SF
Dec 2025
$520k
$130
13.0 mi away · 4,320 SF
13.5 mi away · 3,000 SF
14.7 mi away · 2,800 SF
15.4 mi away · 2,812 SF
15.9 mi away · 3,744 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 25 sales
$711
-90%
Submarket 111 sales
$262
-74%
County 402 sales
$325
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $69/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.87M
Move the market yield to see immediate price impact.
Value / SF
$796
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$181k
$3.62M
$2.58M
$2.01M
$201k
$4.02M
$2.87M
$2.23M
$221k
$4.42M
$3.16M
$2.46M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$520k
12.2 mi · Dec 2025 · $130/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,450
Tax year 2024
Assessed value
$443,203
Assessed 2024
Previous assessed
$443,203
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$157,120
Assessed improvement
$286,083
Land market value
$392,800
Improvement market value
$715,207
Total market value
$1,108,007
Applied tax rate
92.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1870
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
3,604 SF
Lot
0.45 ac (19,602 SF)
Zoning code
HDSF
APN
15 246 02 040
UPID
US22-0814915
Jurisdiction
DE KALB
Zoning & alternative use
HDSF · Decatur, GAZoning HDSF · permitted uses
HDSF · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1870
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
HDSF
Jurisdiction
Decatur, GA
Recorded code
HDSF
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HDSF in Decatur, GA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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