Technical
Financial
Distress signals
Property profile

3403 Memorial Dr Decatur, GA 30032

OFF-MARKET
Motels
Property ID
US22-4486707
12,220 SF 1.38 ac lot Built 1989
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1989
Total area 12,220 SF
Lot 1.38 ac (60,113 SF)
Zoning code C-1
APN 15 201 11 022
UPID US22-4486707

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

3403 Memorial Dr Decatur, GA 30032-2709
Decatur metro Census 22900 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$384k
Blend (final) Blend
$400k

Owner & transaction history

since 2015
7 recorded transactions
2022
Price N/A
2015
$2.2M
2008
$1.2M
2007
Price N/A
2007
$78,500
2005
$1.1M
1969
Price N/A

Zoning & alternative use

C-1 · Decatur, GA
Zoning description

C-1 - Local Commercial RM-43 - Multiple Family Residential C-2 - General Commercial C-3 - Heavy Commercial MU - Mixed Use Amendments to the comprehensive land use map or the zoning map may be initiated by the City Commis…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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