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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Warehouses
3115 Marjan Dr Doraville, GA 30340-3901
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0908923
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
WOOD FRAME
Total area
14,130 SF
Lot
0.92 ac (40,075 SF)
Zoning code
M
APN
18 283 01 102
UPID
US22-0908923
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
$1.69M
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$1.66M
Owner & transaction history
3121 Marjan LLC · 5 yrs held
3121 Marjan LLC
since 2021
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
M · Doraville, 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 Doraville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doraville 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
$1,815,000
ML approach
$1,690,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,750,000
Current use
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.63M (Mar 26 2021)
Last sale anchor
$1.63M
Mar 26 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
$117 / 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
$33,847
Tax year 2024
Assessed value
$751,720
Assessed 2024
Previous assessed
$500,000
+50.3% YoY
Effective rate
4.50%
On assessed value
Assessed land
$90,000
Assessed improvement
$661,720
Land market value
$225,000
Improvement market value
$1,654,300
Total market value
$1,879,300
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
14,130 SF
Lot
0.92 ac (40,075 SF)
Zoning code
M
APN
18 283 01 102
UPID
US22-0908923
Jurisdiction
DE KALB
Zoning & alternative use
M · Doraville, GA
Zoning M · permitted uses
M · Doraville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doraville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
WAREHOUSE, STORAGE Current
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
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
3121 Marjan LLC
Entity
Mailing address
1539 CORTEZ LN NE, BROOKHAVEN, GA 30319-3911
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
$1,630,000
3121 Marjan LLC
3114 Marjan LLC
Warranty Deed
$1,229,790 · First Citizens Bank
Oct 2, 2020
$1,250,000
3114 Marjan LLC
Sifeco II LLC
Grant Deed
—
Oct 2, 2020
—
3114 Marjan LLC
Sifeco II LLC
Quit Claim Deed
related
$2,068,000 · American Pride Bk
Sep 29, 2011
—
Sifeco II LLC
Sifen Paul Trust
Quit Claim Deed
related
—
May 24, 2011
—
Sifen Paul Trust
Sifen,sonia A
Quit Claim Deed
—
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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