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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Day care centers
3362 Covington Dr Decatur, GA 30032-2211
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-2026518
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2002
Total area
6,000 SF
Lot
1.4 ac (61,071 SF)
Zoning code
C1
APN
15 218 03 007
UPID
US22-2026518
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
-
Amazing Kingdom Christian Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$790k
Owner & transaction history
Brewer & Jenkins LLC · 10 yrs held
Brewer & Jenkins LLC
since 2015
7 recorded transactions
Zoning & alternative use
C1 · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,000,000
Current use
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$132 / 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
$14,869
Tax year 2024
Assessed value
$300,000
Assessed 2024
Previous assessed
$300,000
+0.0% YoY
Effective rate
4.96%
On assessed value
Assessed land
$123,000
Assessed improvement
$177,000
Land market value
$307,500
Improvement market value
$442,500
Total market value
$750,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
6,000 SF
Lot
1.4 ac (61,071 SF)
Zoning code
C1
APN
15 218 03 007
UPID
US22-2026518
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Decatur, GA
Zoning C1 · permitted uses
C1 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.0M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Brewer & Jenkins LLC
Entity
Mailing address
3362 COVINGTON DR, DECATUR, GA 30032-2211
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2015
$750,000
Brewer & Jenkins LLC
Allison Mtg Ln Servicing
Grant Deed
$709,000 · Wells Fargo Bk
Sep 8, 2015
—
Brewer & Jenkins LLC
Allison Mtg Ln Servicing
Quit Claim Deed
related
—
Nov 3, 2009
$2,532,522
Mtg Loan Servicing Cor Allison
Allison,mtg Loan Servicing
Grant Deed
related
—
—
—
Allison Equities INC
—
Deed Of Trust
related
$50,000 · Lynda Felton
—
—
Allison Equities INC
—
Deed Of Trust
related
$265,689 · Keystone Equities
—
—
Allison Equities INC
—
Deed Of Trust
related
$200,000 · Sid Shier Interiors INC
—
—
Allison Equities INC
—
Deed Of Trust
related
$167,000 · Sid Shier
—
—
Allison Equities INC
—
Deed Of Trust
related
$150,000 · Gene Felton
—
—
Allison Equities INC
—
Deed Of Trust
related
$150,000 · Morton P Tamber
—
—
Allison Equities INC
—
Deed Of Trust
related
$50,000 · Stephen Horn
—
—
Allison Equities INC
—
Deed Of Trust
related
$50,000 · Charlene Milstein
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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