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    Property profile & analytics

    3494 Madison St College Park, GA 30337-2142

    • Garden apartment buildings
    • 12,888 SF
    • 1.12 lot acres
    OFF-MARKET
    Value Estimation
    $3,625,000
    Last Sale
    May 03, 2024
    $3,650,000
    Location Intelligence
    Property ID
    US22-1828525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 3494 Madison St

    Year built
    1961
    Construction
    WOOD
    Lot size
    1.12 lot acres
    Property size
    12,888 SF
    Zone code
    R3
    Property type
    Garden apartment buildings
    APN
    14 015900120238
    APU
    14015900120238

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,610,000
      6.5%
      $3,865,000
      7%
      $3,330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,535,000
      Geo Method
      $3,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,160,000
      Retail
      $4,135,000
      Mixed-Use
      $3,440,000
      Hospitality
      $4,160,000
      Educational
      $3,570,000
      Residential Income
      $3,430,000
      Energy
      $3,835,000
      Income-Based Land
      $3,720,000
      Food Service
      $3,340,000

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4387
    Latitude
    33.6601
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,733
    $168,000
    $637,400
    $805,400
    -
    $420,000
    $1,593,500
    $2,013,500

    Comparable in this City

    • Value Estimation
      $1,840,000
      1,100 SF

      1744 Cambridge Ave

      GARDEN APT, COURT APT (5+ UNITS) • 1,100 SF
      1744 Cambridge Ave, Atlanta, GA 30337-2006
      View Details
    • Value Estimation
      $680,000
      7,570 SF

      3556 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 7,570 SF
      3556 Main St, Atlanta, GA 30337-2032
      View Details
    • Value Estimation by Request
      5,022 SF

      1543 Hardin Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,022 SF
      1543 Hardin Ave, College Park, GA 30337-2138
      View Details
    • Value Estimation
      $455,000
      15,934 SF

      1790 Lyle Ave

      GARDEN APT, COURT APT (5+ UNITS) • 15,934 SF
      1790 Lyle Ave, College Park, GA 30337-1226
      View Details
    • Value Estimation
      $415,000
      3,800 SF

      1861 Lyle Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,800 SF
      1861 Lyle Ave, College Park, GA 30337-1228
      View Details
    • Value Estimation
      $440,000
      3,944 SF

      3570 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 3,944 SF
      3570 Main St, College Park, GA 30337-2062
      View Details

    Similar Nearby for Sale

    • $2,550,000

      Renovated Apartment Complex Near Airport

      20-unit apartment building fully renovated in 2023, prime location.
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      Commercial building with multiple lease spaces and parking.
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    Similar Nearby for Lease

    • Contact for pricing
      1,497 SF

      Roosevelt Office Park Suites Available

      Modern Office Suites, College Park, GA
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      View Details
    • $7 SF/Yr
      137,165 SF

      College Park Warehouse - 137,165 SF

      Prime Airport Distribution Center, 78,962 SF Available
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      View Details
    • $3,800 /Mo
      7,376 SF

      Downtown College Park Office Space

      Commercial office space in downtown College Park, available immediately.
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      View Details
    • $1,500 /Mo
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      Aerotropolis Commercial Space for Rent

      Premier commercial space designed for entrepreneurs and small business owners.
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      View Details
    • $1,200 /Mo
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      Aerotropolis Center Commercial Space

      Premier commercial space designed for entrepreneurs and small business owners.
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      View Details
    • $22 SF/Yr
      93,084 SF

      Waterstone Office Suites, Atlanta

      College Park office space: flexible sizes.
      4751 Best Rd, Atlanta, GA 30337
      View Details
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    3494 Madison St
    College Park, GA 30337-2142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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