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Property profile & analytics
OFF-MARKET
Estimated value
$9,705,000
Garden apartment buildings
3548 Rockbridge Rd, Avondale Estates, GA 30002-1279
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1781323
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
16,200 SF
Lot
10.51 ac (457,816 SF)
APN
18 011 05 001
UPID
US22-1781323
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
$9.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.71M
Owner & transaction history
3548 Rockbridge Rd LLC · 2 yrs held
3548 Rockbridge Rd LLC
since 2024
Last sale
$9.7M
5 recorded transactions
Zoning & alternative use
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 Avondale Estates submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale Estates 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
$9,705,000
ML approach
$9,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.71M
Range $8.73M – $10.68M · ±10% · vs last sale $9.70M (May 22 2024)
Last sale anchor
$9.70M
May 22 2024
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
$599 / 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
$262,078
Tax year 2024
Assessed value
$10,653,080
Assessed 2024
Previous assessed
$5,800,000
+83.7% YoY
Effective rate
2.46%
On assessed value
Assessed land
$1,171,840
Assessed improvement
$9,481,240
Land market value
$2,929,600
Improvement market value
$23,703,100
Total market value
$26,632,700
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 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
1985
Heating
NONE
Cooling
YES
Buildings
12
Stories
3
Units
156
Total area
16,200 SF
Lot
10.51 ac (457,816 SF)
APN
18 011 05 001
UPID
US22-1781323
Jurisdiction
DE KALB
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
3
Buildings
12
Units
156
Lot
10.51 ac
Current owner
From public records · entity-resolved
3548 Rockbridge Rd LLC
Entity
Mailing address
3548 ROCKBRIDGE RD, AVONDALE ESTATES, GA 30002-1279
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
$9,703,393
3548 Rockbridge Rd LLC
Qpg Avondale Apartments LLC
Limited Warranty Deed
—
May 8, 2019
—
Avondale Schorr LLC
Willow Lanier LLC
Quit Claim Deed
related
—
May 8, 2019
$12,480,000
Qpg Avondale Apartments LLC
Willow Lanier LLC
Grant Deed
$9,360,000 · Berkadia Com'l Mtg
Oct 3, 2017
—
Avondale Willow 2 LLC
—
Deed
related
$7,089,000 · Berkadia Commercial Mortgage
Jul 15, 2013
$5,050,000
Rockdale LLC
Willow Ridge Apartments Ll
Limited Warranty Deed
—
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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