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Property profile & analytics
OFF-MARKET
Estimated value
$16,500,000
Motels
3400 Cp Crk Pkwy East Point, GA 30344
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0799690
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2008
Construction
WOOD
Total area
71,548 SF
Lot
2.74 ac (119,354 SF)
Zoning code
BP
APN
14 0256 LL0391
UPID
US22-0799690
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
$16.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.70M
Blend (final)
Blend
$16.50M
Owner & transaction history
Logik Fund Cy3400 LLC · 2 yrs held
Logik Fund Cy3400 LLC
since 2024
Last sale
$16.5M
5 recorded transactions
Zoning & alternative use
BP · East Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$19.5M
+24.8%
Medical building
$19.5M
+24.6%
Auto repair, garage
$18.2M
+16.4%
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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$16,500,000
ML approach
$16,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$15,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$19,475,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$19,450,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,170,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$16,750,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$15,950,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$16.50M
Range $14.85M – $18.15M · ±10% · vs last sale $16.50M (Jan 26 2024)
Last sale anchor
$16.50M
Jan 26 2024
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
$231 / 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
$161,423
Tax year 2023
Assessed value
$4,858,320
Assessed 2023
Previous assessed
$3,760,000
+29.2% YoY
Effective rate
3.32%
On assessed value
Assessed land
$493,160
Assessed improvement
$4,365,160
Land market value
$1,232,900
Improvement market value
$10,912,900
Total market value
$12,145,800
Applied tax rate
20.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Units
128
Total area
71,548 SF
Lot
2.74 ac (119,354 SF)
Zoning code
BP
APN
14 0256 LL0391
UPID
US22-0799690
Jurisdiction
FULTON
Zoning & alternative use
BP · East Point, GA
Zoning BP · permitted uses
BP · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$15.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.5M
MEDICAL BUILDING
Est. value
$19.5M
AUTO REPAIR, GARAGE
Est. value
$18.2M
OFFICE BUILDING
Est. value
$16.8M
INDUSTRIAL (GENERAL)
Est. value
$16.0M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (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
2008
Construction
WOOD
Heating
NONE
Stories
1
Units
128
Lot
2.74 ac
Current owner
From public records · entity-resolved
Logik Fund Cy3400 LLC
Entity
Mailing address
3400 CP CREEK, PKWY, GA
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
$16,500,000
Logik Fund Cy3400 LLC
Atl Creek Pointe Hotel LLC
Warranty Deed
$12,490,000 · Barclays Capital Real Estate
Apr 28, 2021
$11,718,500
Atl Creek Pointe Hotel LLC
3400 Creek Pointe Drive LLC
Warranty Deed
—
Sep 14, 2016
—
3400 Creek Pointe Drive LLC
—
Deed
related
$10,250,000 · Morgan Stanley Bank
Jul 8, 2016
$10,900,000
3400 Creek Pointe Drive LLC
Development Authority Of Fulton C
Quit Claim Deed
related
—
Mar 23, 2012
—
Development Authority Of Fulton C
Camp Creek Pointe 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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