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Property profile & analytics
FOR SALE
Warehouses
3446 Midway Rd Decatur, GA 30032
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1076569
For Sale
1 / 2
$749,900
3446 Midway Rd, Decatur, GA 30032
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1940
Construction
WOOD FRAME
Total area
4,140 SF
Lot
1.37 ac (59,721 SF)
Zoning code
R75
APN
15 218 13 061
UPID
US22-1076569
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
$570k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$580k
Owner & transaction history
Roy&matan Construction LLC · 4 yrs held
Roy&matan Construction LLC
since 2022
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
R75 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$960,000
+54.5%
Retail stores
$695,000
+11.7%
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
$595,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$620,000
Current use
MEDICAL BUILDING
$960,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $575k (Mar 25 2022)
Last sale anchor
$575k
Mar 25 2022
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
$140 / 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
$10,551
Tax year 2024
Assessed value
$235,080
Assessed 2024
Previous assessed
$230,000
+2.2% YoY
Effective rate
4.49%
On assessed value
Assessed land
$22,280
Assessed improvement
$212,800
Land market value
$55,700
Improvement market value
$532,000
Total market value
$587,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
4,140 SF
Lot
1.37 ac (59,721 SF)
Zoning code
R75
APN
15 218 13 061
UPID
US22-1076569
Jurisdiction
DE KALB
Zoning & alternative use
R75 · Decatur, GA
Zoning R75 · permitted uses
R75 · 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
WAREHOUSE, STORAGE Current
Est. value
$620,000
MEDICAL BUILDING
Est. value
$960,000
RETAIL STORES
Est. value
$695,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1940
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Roy&matan Construction LLC
Entity
Mailing address
512 PETERSON AVE #2004, DOUGLAS, GA 31533
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
$575,000
Roy&matan Construction LLC
Flyaway Homes LLC
Warranty Deed
—
Apr 19, 2019
$205,600
Flyaway Homes LLC
Ali Ihsan & Associates LLC
Grant Deed
—
Nov 14, 2017
—
Ali Ihsan & Associates LLC
Ishan,ali A
Quit Claim Deed
related
—
Jun 21, 2017
—
Abdullah A Rabbani
Rabbani,haleema A & Khatiyma A
Quit Claim Deed
related
—
Jun 21, 2017
$86,700
Ali A Ihsan
Rabbani,abdullah A
Grant Deed
—
Aug 26, 2016
—
Abdullah
—
Deed
related
$60,000 · Other Institutional Lenders
Oct 3, 2005
—
Abdullah Abdur-rabbani
Abdur-rabbani,ibrahim
Quit Claim Deed
related
—
Jun 16, 2005
—
Ibrahim Abdur-rabbani
Stalls,gregory
Grant Deed
related
—
—
—
Abdullah
—
Loan Modification
related
$60,000 · Other Institutional Lenders
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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