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Property profile & analytics
FOR LEASE
Strip malls
3221 Peachtree Rd Atlanta, GA 30305
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1265507
For Lease
$7,065,000
3221 Peachtree Rd, Atlanta, GA 30305
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Total area
35,616 SF
Lot
6.19 ac (269,636 SF)
Zoning code
C3
APN
17 006100061085
UPID
US22-1265507
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
-
Buckhead Pavilion Business Service Center Corporate Office
-
Lisa M Foster, Engel & Volkers, Buckhead Atlanta Real Estate Agency
-
UPS Access Point location Courier Service Postal Service
-
Jacquee Mason, Engel & Völkers Buckhead Atlanta Real Estate Agency
-
PetSmart Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.07M
Owner & transaction history
Secured Props Invs Xi · 22 yrs held
Secured Props Invs Xi
since 2004
1 recorded transaction
Zoning & alternative use
C3 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.0M
+3.3%
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%
$8,035,000
6.5%
$7,415,000
7%
$6,885,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$9,695,000
Current use
COMMERCIAL (GENERAL)
$10,010,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$9,685,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,045,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$7,990,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$7.07M
Range $6.36M – $7.77M · ±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
$198 / 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
$463,992
Tax year 2023
Assessed value
$10,450,280
Assessed 2023
Previous assessed
$10,450,280
+0.0% YoY
Effective rate
4.44%
On assessed value
Assessed land
$5,142,800
Assessed improvement
$5,307,480
Land market value
$12,857,000
Improvement market value
$13,268,700
Total market value
$26,125,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1993
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
35,616 SF
Lot
6.19 ac (269,636 SF)
Zoning code
C3
APN
17 006100061085
UPID
US22-1265507
Jurisdiction
FULTON
Zoning & alternative use
C3 · Atlanta, GA
Zoning C3 · permitted uses
C3 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.7M
COMMERCIAL (GENERAL)
Est. value
$10.0M
MEDICAL BUILDING
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$9.0M
RETAIL STORES
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1993
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
6.19 ac
Current owner
From public records · entity-resolved
Secured Props Invs Xi
Individual
Mailing address
3715 NORTHSIDE PKWY NW BLDG 400-100, ATLANTA, GA 30327-2853
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2004
—
Secured Props Invs Xi
—
Trustees Deed
related
$32,500,000 · Bank Of America
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?”
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