New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,010,000
Garden apartment buildings
3515 Pleasantdale Rd Doraville, GA 30340-4279
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1539468
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1989
Total area
28,116 SF
Lot
19.21 ac (836,788 SF)
Zoning code
RM100
APN
18 291 02 001
UPID
US22-1539468
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
$4.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Lake Atlanta Apartments Shadow · 18 yrs held
Lake Atlanta Apartments Shadow
since 2008
6 recorded transactions
Zoning & alternative use
RM100 · Doraville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Doraville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doraville 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%
$5,170,000
6.5%
$4,770,000
7%
$4,430,000
Blend value · Realmo final
$4.01M
Range $3.61M – $4.41M · ±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
$143 / 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
$836,129
Tax year 2024
Assessed value
$18,848,760
Assessed 2024
Previous assessed
$9,400,001
+100.5% YoY
Effective rate
4.44%
On assessed value
Assessed land
$2,000,000
Assessed improvement
$16,848,760
Land market value
$5,000,000
Improvement market value
$42,121,900
Total market value
$47,121,900
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
YES
Buildings
15
Stories
3
Units
228
Total area
28,116 SF
Lot
19.21 ac (836,788 SF)
Zoning code
RM100
APN
18 291 02 001
UPID
US22-1539468
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Doraville, GA
Zoning RM100 · permitted uses
RM100 · Doraville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doraville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Stories
3
Buildings
15
Units
228
Lot
19.21 ac
Current owner
From public records · entity-resolved
Lake Atlanta Apartments Shadow
Individual
Mailing address
2500 N MILITARY TRL STE #285, BOCA RATON, FL 33431-6322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2019
—
Shadow Lk Atlanta Apts LP
—
Deed
related
$13,400,000 · Citi R/e Fndg INC
Feb 21, 2008
—
Lake Atlanta Apartments Shadow
Erp,operating Limited Part
Grant Deed
related
—
Feb 1, 2008
$13,541,667
Lake Atlanta Apartments Shadow
Erp,operating Limited Part
Grant Deed
—
—
—
Shadow Lake Atlanta Apartments
—
Loan Modification
related
$10,850,000 · Federal Hm Ln Mtg
—
—
Shadow Lk Atlanta Apts LP
—
Deed Of Trust
related
$13,400,000 · Citi R/e Fndg INC
—
—
Shadow Lake Atlanta Apartments
—
Deed Of Trust
related
$10,400,000 · Greystone Svcg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3515 Pleasantdale Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
