Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Office Spaces
3200 Downwood NW Cir Atlanta, GA 30327-1610
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0460440
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1991
Total area
31,203 SF
Lot
0.72 ac (31,189 SF)
Zoning code
OI
APN
17 018200051528
UPID
US22-0460440
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
-
MRI Center at Spine Center Atlanta Medical Clinic
-
Lee Kelley Physician
-
Atlanta Center For Endodontics: Melanie W. Burns DMD Dental Office
-
ME Plastic Surgery - Dr. Gabriele Miotto Spa & Massage Center Alternative Medicine Practice
-
Goldstein Elliott J MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.11M
Owner & transaction history
Kagr2 Downwood LLC · 2 yrs held
Kagr2 Downwood LLC
since 2024
7 recorded transactions
Zoning & alternative use
OI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$100 / 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
$1,656
Tax year 2023
Assessed value
$40,000
Assessed 2023
Previous assessed
$40,000
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$28,000
Assessed improvement
$12,000
Land market value
$70,000
Improvement market value
$30,000
Total market value
$100,000
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
1991
Heating
YES
Stories
1
Total area
31,203 SF
Lot
0.72 ac (31,189 SF)
Zoning code
OI
APN
17 018200051528
UPID
US22-0460440
Jurisdiction
FULTON
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.
Building & site characteristics
From public records
Year built
1991
Heating
YES
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Kagr2 Downwood LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3200 DOWNWOOD CIR NW STE #330, ATLANTA, GA 30327-1659
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
39 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
—
Shohreh LLC
—
Deed
related
$319,000 · Ardi Richard Trust
Jun 19, 2024
—
Kagr2 Downwood LLC
Downwood Medical Properties LLC
Warranty Deed
—
Dec 1, 2022
—
Shohreh LLC
—
Deed
related
$1,387,900 · Readycap Lending
Jun 2, 2022
—
3200 Palisades Properties LLC
—
Deed
related
$920,727 · First Horizon
Jan 28, 2022
$2,670,000
Kagr2 Downwood LLC
Downwood 200 Medical Properties LLC
Warranty Deed
—
Jan 28, 2022
$33,680,000
Kagr2 Downwood LLC
Downwood Medical Properties LLC
Warranty Deed
—
Jan 28, 2022
$13,350,000
Kagr2 Downwood LLC
Downwood 600 Medical Properties LLC
Warranty Deed
$816,700,032 · Capital One
Jan 5, 2022
—
Endover Palisades LLC
—
Deed
related
$6,100,000 · Vinings Bank
Dec 30, 2021
—
Shohreh LLC
—
Deed
related
$150,000 · Wallis Bank
Dec 22, 2021
—
Shohreh LLC
Shohreh Tabassi South Kadijeh
Deed
—
Aug 9, 2021
$4,687,000
Downwood Medical Properties LLC
Endover Palisades LLC
Deed
—
May 28, 2021
$4,917,000
Downwood Medical Properties LLC
Atlanta Med LLC
Warranty Deed
—
Apr 30, 2021
$3,089,125
The Multiple Sclerosis Center Of Ge
Downwood Office Partners LLC
Warranty Deed
$5,000,000 · Vinings Bank
Jan 8, 2020
$775,000
Downwood Medical Prop LLC
Downwood Medical Prop II LLC
Quitclaim Deed
related
—
Jan 8, 2020
—
Downwood Medical Prop LLC
Endover Palisades LLC
Quitclaim Deed
related
$18,993,750 · Ally Bk
Jan 8, 2020
$5,110,000
Downwood Medical Prop LLC
Endover Palisades LLC
Grant Deed
—
Jan 8, 2020
$1,190,000
Downwood Medical Prop LLC
Carol Overend Palisades 125 Ll
Grant Deed
—
Dec 9, 2019
—
Downwood Medical Prop II LLC
Independent Neurodiagnostic Cl
Quitclaim Deed
related
—
Dec 9, 2019
$775,000
Downwood Medical Prop II LLC
Independent Neurodiagnostic Cl
Grant Deed
—
Nov 4, 2019
—
Irg Holdings LLC
—
Grant Deed
related
$4,050,000 · Vinings Bk
Jun 7, 2019
—
Endover Palisades LLC
—
Loan Modification
related
$10,288,650 · Synovus Bk
Jun 5, 2019
—
Kadijeh S T South
Tabassian,kadie
Grant Deed
related
$150,000 · Weinberg Svcng LLC
Apr 25, 2019
—
3200 Palisades Properties LLC
—
Grant Deed
related
$4,697,700 · Celtic Bk
Mar 28, 2019
$1,650,000
Downwood 200 Medical Properties LLC
Argali LLC
Deed
—
Nov 20, 2018
—
Downwood 600 Medical Prop LLC
—
Grant Deed
related
$12,450,000 · Ally Bk
Jul 5, 2018
$8,600,000
Downwood 600 Medical Prop LLC
Emory Med LLC
Grant Deed
$12,900,000 · Karep V Mo Reit LLC
Sep 29, 2017
—
Downwood Medical Props LLC
—
Deed
related
$6,000,000 · State Bk&tr
Aug 18, 2017
$475,000
Caring LLC
Tdjahms Ents LLC
Warranty Deed
—
Jul 19, 2017
—
3200 Palisades Properties LLC
—
Deed
related
$1,350,000 · Iberiabank
Jun 30, 2017
—
Downwood Medical Props LLC
Peachtree Orthopaedic Clinic R
Quitclaim Deed
related
$12,000,000 · Karep V Mo Reit LLC
Jun 30, 2017
$7,514,000
Downwood Medical Props LLC
Peachtree Orthopaedic Clinic R
Grant Deed
—
Jan 4, 2017
$2,400,000
Multiple Sclerosis Center Of Geor
Stuart,william H
Grant Deed
$2,080,000 · Signature Bk/ga
Oct 10, 2016
$1,970,000
Peachtree Orthopaedic Clinic R
Redus Georgia Commercial LLC
Grant Deed
—
Oct 7, 2016
—
Palisades Imaging LLC
Endover Palisades LLC
Quitclaim Deed
related
—
Oct 7, 2016
$1,498,700
3200 Palisades Properties LLC
Endover Palisades LLC
Grant Deed
—
Sep 15, 2016
—
Endover Palisades LLC
—
Deed
related
$13,111,876 · Synovus Bk
May 3, 2016
$1,315,000
Argali LLC
Redus Georgia Commercial LLC
Grant Deed
$845,000 · State Bk&tr
Jun 30, 2005
—
Endover Palisades LLC
Palisades At West Paces INC
Quit Claim Deed
related
$10,300,000 · Suntrust Bk/ne Ga
—
—
Endover Palisades LLC
—
Loan Modification
related
$13,111,876 · Synovus 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 3200 Downwood NW Cir?
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.
