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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Warehouses
3467 Pierce NE Dr Chamblee, GA 30341-2443
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1766707
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1958
Construction
WOOD FRAME
Total area
11,879 SF
Lot
0.92 ac (40,075 SF)
Zoning code
M
APN
18 299 11 009
UPID
US22-1766707
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
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Pierce Lb LLC · 8 yrs held
Pierce Lb LLC
since 2017
7 recorded transactions
Zoning & alternative use
M · Chamblee, GA
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$78 / 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
$24,182
Tax year 2024
Assessed value
$475,160
Assessed 2024
Previous assessed
$475,160
+0.0% YoY
Effective rate
5.09%
On assessed value
Assessed land
$86,560
Assessed improvement
$388,600
Land market value
$216,400
Improvement market value
$971,500
Total market value
$1,187,900
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
1958
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
11,879 SF
Lot
0.92 ac (40,075 SF)
Zoning code
M
APN
18 299 11 009
UPID
US22-1766707
Jurisdiction
DE KALB
Zoning & alternative use
M · Chamblee, GAZoning M · permitted uses
M · Chamblee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
chamblee
Building & site characteristics
From public records
Year built
1958
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Pierce Lb LLC
Entity
Mailing address
1080 SPG ST NW, ATLANTA, GA 30309-3818
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2018
—
Pierce Lb LLC
—
Deed
related
$3,600,000 · Affinity Bk
Oct 25, 2017
$2,571,210
Pierce Lb LLC
Parkside Pierce LP
Grant Deed
related
$4,320,000 · Live Oak Bkg
May 24, 2016
—
Parkside Pierce LP
Pierce Drive Property LLC
Quit Claim Deed
related
—
May 24, 2016
$950,000
Parkside Pierce LP
Pierce Drive Property LLC
Grant Deed
related
—
Oct 5, 2012
—
Pierce Drive Property LLC
Stephens,cynthia A
Quit Claim Deed
related
—
Mar 24, 2008
—
Woodberry,enterprises LP
Stephens,jane Ellen
Grant Deed
related
—
—
—
Pierce Lb LLC
—
Deed Of Trust
related
$614,022 · Affinity Bk
—
—
Pierce Lb LLC
—
Deed Of Trust
related
$3,600,000 · Affinity Bk
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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