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Property profile & analytics
OFF-MARKET
Estimated value
$12,025,000
Hotels
3200 Cobb SE Pkwy Atlanta, GA 30339-3896
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1289916
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
73,809 SF
Lot
3.7 ac (161,085 SF)
Zoning code
OI
APN
17097800380
UPID
US22-1289916
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
-
Phenom Pro Services Construction Company General Contractor
-
Phenom Pressure Washing Inc. Hardware & Home Improvement
-
Homewood Suites by Hilton Atlanta-Galleria/Cumberland Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.03M
Owner & transaction history
Crp Ar Cobb Parkway Owner LLC
Crp Ar Cobb Parkway Owner LLC
since 2026
Last sale
$16.7M
7 recorded transactions
Zoning & alternative use
OI · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.7M
+16.4%
Retail stores
$16.6M
+2.8%
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
$10,560,000
ML approach
$10,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$16,100,000
Current use
AUTO REPAIR, GARAGE
$18,740,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$16,555,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$12.03M
Range $10.82M – $13.23M · ±10% · vs last sale $16.65M (Jan 9 2026)
Last sale anchor
$16.65M
Jan 9 2026
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
$163 / 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
$139,959
Tax year 2024
Assessed value
$3,722,324
Assessed 2024
Previous assessed
$3,722,324
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$2,210,168
Assessed improvement
$1,512,156
Land market value
$5,525,420
Improvement market value
$3,780,390
Total market value
$9,305,810
Applied tax rate
7.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1990
Heating
NONE
Buildings
5
Units
124
Total area
73,809 SF
Lot
3.7 ac (161,085 SF)
Zoning code
OI
APN
17097800380
UPID
US22-1289916
Jurisdiction
COBB
Zoning & alternative use
OI · Atlanta, GA
Zoning OI · permitted uses
OI · 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
HOTEL/MOTEL Current
Est. value
$16.1M
AUTO REPAIR, GARAGE
Est. value
$18.7M
RETAIL STORES
Est. value
$16.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1990
Heating
NONE
Buildings
5
Units
124
Lot
3.7 ac
Current owner
From public records · entity-resolved
Crp Ar Cobb Parkway Owner LLC
Entity
Mailing address
PO BOX 3956TH CHICAGO
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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, 2026
$16,650,000
Crp Ar Cobb Parkway Owner LLC
Ahg Galleria LLC
Deed
$51,540,000 · Us Bank NA
Jan 9, 2026
—
Crp Ar Cobb Parkway Owner LLC
Ahg Galleria LLC
Quitclaim Deed
related
—
Jun 25, 2024
$10,560,000
Ahg Galleria LLC
Bre Newton Hotels Property Owner Ll
Limited Warranty Deed
$11,500,000 · Jackson National Life Insurance Com
Jul 20, 2017
—
Bre Newton Hotels Property Own
—
Deed
related
—
Aug 21, 2014
$10,758,500
Bre Newton Hotels Prop Owner L
Lion Es Hotels Holdings LLC
Grant Deed
related
$570,000,000 · Jp Morgan Chase Bk
Aug 30, 2012
—
Lion Es Hotels Holdings LLC
—
Deed Of Trust
related
$335,000,000 · Bank Of America
Jul 2, 2007
$6,627,000
Lion Es Hotels Holdings
Apple Suites Spe I INC
Deed Of Trust
related
$567,700,000 · Wachovia Mortgage Co
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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