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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
324 Clarendon Ave Scottdale, GA 30079-1323
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0899840
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Total area
2,480 SF
Lot
0.75 ac (32,844 SF)
Zoning code
M
APN
18 009 15 006
UPID
US22-0899840
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
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$640k
Owner & transaction history
Eco Properties Investments LLC · 4 yrs held
Eco Properties Investments LLC
since 2021
Last sale
$650,000
2 recorded transactions
Zoning & alternative use
M · Scottdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+132.3%
Retail stores
$625,000
+80.6%
Auto repair, garage
$535,000
+53.9%
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 Scottdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottdale 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
$725,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$805,000
Change: +132% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +81% · Conversion: Moderate
AUTO REPAIR, GARAGE
$535,000
Change: +54% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Change: +34% · Conversion: Moderate
MEDICAL BUILDING
$465,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $650k (Sep 28 2021)
Last sale anchor
$650k
Sep 28 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
$258 / 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
$5,357
Tax year 2024
Assessed value
$237,120
Assessed 2024
Previous assessed
$262,040
-9.5% YoY
Effective rate
2.26%
On assessed value
Assessed land
$78,800
Assessed improvement
$158,320
Land market value
$197,000
Improvement market value
$395,800
Total market value
$592,800
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
1964
Heating
NONE
Buildings
2
Stories
1
Total area
2,480 SF
Lot
0.75 ac (32,844 SF)
Zoning code
M
APN
18 009 15 006
UPID
US22-0899840
Jurisdiction
DE KALB
Zoning & alternative use
M · Scottdale, GAZoning M · permitted uses
M · Scottdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$805,000
RETAIL STORES
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$465,000
MEDICAL BUILDING
Est. value
$465,000
OFFICE BUILDING
Est. value
$430,000
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1964
Heating
NONE
Stories
1
Buildings
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Eco Properties Investments LLC
Entity
Mailing address
4004 RIVERMEADE DR SW, LILBURN, GA 30047-2901
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
$650,000
Eco Properties Investments LLC
Plowshares INC
Warranty Deed
$500,000 · Plowshares
Mar 20, 2009
—
Plowshares INC
Begner,barbara
Grant Deed
related
—
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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