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    Property profile & analytics

    3251 Commerce Dr East Point, GA 30344-6435

    • Garden apartment buildings
    • 35,912 SF
    • 8.88 lot acres
    OFF-MARKET
    Value Estimation
    $16,245,000
    Last Sale
    Nov 14, 2022
    $12,960,000
    Location Intelligence
    Property ID
    US22-0508185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 3251 Commerce Dr

    Year built
    1974
    Construction
    WOOD
    Lot size
    8.88 lot acres
    Property size
    35,912 SF
    Zone code
    R3
    Property type
    Garden apartment buildings
    APN
    13 0031 LL1054
    APU
    130031LL1054

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $19,235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,095,000
      6.5%
      $13,125,000
      7%
      $11,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,855,000
      Geo Method
      $13,875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $15,225,000
      Retail
      $12,860,000
      Mixed-Use
      $12,560,000
      Hospitality
      $13,570,000
      Educational
      $12,985,000
      Residential Income
      $14,895,000
      Energy
      $13,705,000
      Income-Based Land
      $14,235,000
      Food Service
      $12,465,000

    Location Insight

    • Map
    • Local Demand
    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4961
    Latitude
    33.6388
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $115,727
    $1,199,360
    $2,900,640
    $4,100,000
    -
    $2,998,400
    $7,251,600
    $10,250,000

    Comparable in this City

    • Value Estimation by Request
      17,024 SF

      3200 Desert Dr

      GARDEN APT, COURT APT (5+ UNITS) • 17,024 SF
      3200 Desert Dr, East Point, GA 30344-8022
      View Details
    • Value Estimation
      $1,715,000
      9,570 SF

      3214 Mckenzie Rd

      GARDEN APT, COURT APT (5+ UNITS) • 9,570 SF
      3214 Mckenzie Rd, East Point, GA 30344-5411
      View Details
    • Value Estimation
      $880,000
      11,700 SF

      2330 Delowe Dr

      GARDEN APT, COURT APT (5+ UNITS) • 11,700 SF
      2330 Delowe Dr, East Point, GA 30344-2155
      View Details
    • Value Estimation
      $570,000
      7,560 SF

      2883 Harris St

      GARDEN APT, COURT APT (5+ UNITS) • 7,560 SF
      2883 Harris St, East Point, GA 30344-3350
      View Details
    • Value Estimation by Request
      12,152 SF

      1753 Forrest Ave

      GARDEN APT, COURT APT (5+ UNITS) • 12,152 SF
      1753 Forrest Ave, East Point, GA 30344-3056
      View Details
    • Value Estimation
      $480,000
      5,424 SF

      1712 Forrest Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,424 SF
      1712 Forrest Ave, East Point, GA 30344-3037
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $2,500 /Mo
      8,050 SF

      East Point Commercial Lease Opportunity

      Versatile spaces available for lease in East Point, GA.
      1466 Central Ave, Atlanta, GA 30344
      View Details
    • $800 /Mo
      7,500 SF

      East Point Private Office Suite

      Private office suite in secure complex near downtown East Point.
      1445 Cleveland Ave, East Point, GA 30344
      View Details
    • Contact for pricing
      29,488 SF

      Sylvan Road Office & Warehouse

      Versatile Fulton County space available.
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      View Details
    • $800 /Mo
      7,500 SF

      East Point Office Suite

      Private office suite in secure, gated East Point complex.
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      View Details
    • Contact for pricing
      52,162 SF

      Freestanding Industrial Building Near Airport

      52,162 SF industrial building with loading and storage.
      1631 Willingham Dr, Atlanta, GA 30344
      View Details
    • Contact for pricing
      24,060 SF

      East Point Industrial Warehouse Space

      Four warehouse units available, 2,800-8,343 sq ft.
      1577 Taylor Ave, East Point, GA 30344
      View Details
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    East Point, GA 30344-6435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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