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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Garden apartment buildings
3533 Main St, College Park, GA 30337-2620
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0204217
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
8,060 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R3
APN
14 016200210083
UPID
US22-0204217
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
$1.25M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.23M
Owner & transaction history
Victory Temple National Holiness Ch · 2 yrs held
Victory Temple National Holiness Ch
since 2023
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
R3 · College Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+31.5%
Office building
$1.9M
+21.3%
Retail stores
$1.8M
+16.2%
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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
$1,195,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,555,000
Current use
AUTO REPAIR, GARAGE
$2,045,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,885,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$1,810,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.24M (Nov 21 2023)
Last sale anchor
$1.24M
Nov 21 2023
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
$153 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,081
Tax year 2023
Assessed value
$357,160
Assessed 2023
Previous assessed
$357,160
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$102,960
Assessed improvement
$254,200
Land market value
$257,400
Improvement market value
$635,500
Total market value
$892,900
Applied tax rate
15.0000
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
1970
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
10
Bathrooms
3
Total area
8,060 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R3
APN
14 016200210083
UPID
US22-0204217
Jurisdiction
FULTON
Zoning & alternative use
R3 · College Park, GA
Zoning R3 · permitted uses
R3 · College Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
College Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE 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
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
10
Bathrooms
3
Lot
0.75 ac
Current owner
From public records · entity-resolved
Victory Temple National Holiness Ch
Individual
Mailing address
3533 MAIN ST, COLLEGE PARK, GA 30337-2620
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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 21, 2023
$1,240,000
Victory Temple National Holiness Ch
Yribus LLC
Warranty Deed
$740,000 · Yribus
Jan 9, 2013
$260,000
Yribus LLC
City Natl Bk
Grant Deed
—
Apr 9, 2012
$415,000
City Natl Bk
Ivy Chase Apts LLC
Trustees Deed
related
—
Jul 20, 2004
$800,000
Ivy Chase Apts LLC
Francis,charles W
Warranty Deed
$640,000 · Omni Nat'l Bk
Jul 20, 2004
—
Francis,charles W
Ivy Chase Apartments
Warranty Deed
related
—
—
—
Ivy Chase Apts LLC
—
Deed Of Trust
related
$773,000 · Imperial Cap 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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