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Property profile & analytics
OFF-MARKET
Estimated value
$9,795,000
Warehouses
3311 Catalina Dr Chamblee, GA 30341-3408
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0530374
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2023
Total area
39,380 SF
Lot
21.42 ac (933,229 SF)
Zoning code
I
APN
18 298 04 111
UPID
US22-0530374
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
$9.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.85M
Blend (final)
Blend
$9.80M
Owner & transaction history
3334 Catalina Drive LLC · 1 yrs held
3334 Catalina Drive LLC
since 2025
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
I · Chamblee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zoning district is intended for properties that are located on or have ready access to a major street or state highway and are well adapted to light industrial development but whose proximity to residential or commercial districts
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
235.38 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$10.7M
+49.2%
Medical building
$10.7M
+49.0%
Auto repair, garage
$10.0M
+39.2%
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 Chamblee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chamblee 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
$9,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,720,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$10,705,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,000,000
Change: +39% · Conversion: Easy
RETAIL STORES
$8,835,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,800,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$9.80M
Range $8.82M – $10.77M · ±10% · vs last sale $13.52M (May 13 2025)
Last sale anchor
$13.52M
May 13 2025
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
$249 / 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
$230,738
Tax year 2024
Assessed value
$21,255,320
Assessed 2024
Previous assessed
$4,968,000
+327.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,898,080
Assessed improvement
$15,357,240
Land market value
$14,745,200
Improvement market value
$38,393,100
Total market value
$53,138,300
Applied tax rate
24.0000
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
2023
Buildings
4
Total area
39,380 SF
Lot
21.42 ac (933,229 SF)
Zoning code
I
APN
18 298 04 111
UPID
US22-0530374
Jurisdiction
DE KALB
Zoning & alternative use
I · Chamblee, GAZoning I · permitted uses
I · Chamblee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zoning district is intended for properties that are located on or have ready access to a major street or state highway and are well adapted to light industrial development but whose proximity to residential or commercial districts
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
235.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$10.7M
AUTO REPAIR, GARAGE
Est. value
$10.0M
RETAIL STORES
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2023
Buildings
4
Lot
21.42 ac
Current owner
From public records · entity-resolved
3334 Catalina Drive LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3280 PEACHTREE RD NE STE #2770, ATLANTA, GA 30305-0021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 16, 2025
—
3424 Blackburn Way LLC
—
Deed
related
$12,400,000 · State Farm Life Insurance
May 13, 2025
$13,522,663
3334 Catalina Drive LLC
Sfg Soc Lm Chamblee LLC
Deed
—
May 13, 2025
$17,469,218
3354 Catalina Drfive LLC
Sfg Soc Lm Chamblee LLC
Deed
—
May 13, 2025
$22,431,016
3394 Catalina Drive LLC
Sfg Soc Lm Chamblee LLC
Deed
—
May 13, 2025
$11,577,102
3424 Blackburn Way LLC
Sfg Soc Lm Chamblee LLC
Deed
—
Nov 13, 2023
$3,100,000
Freeon 3286 LLC
Sfg Soc Master Parcel Owner LLC
Warranty Deed
$11,347,500 · Synovus Bank
Mar 31, 2022
$8,675,000
Sfg Soc Lm Chamblee LLC
Ncp Fund I Holdings LLC
Quit Claim 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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