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Property profile & analytics
OFF-MARKET
Investment properties
3692 Mcelroy Rd Atlanta, GA 30340-2240
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1805103
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1957
Total area
1,318 SF
Lot
0.56 ac (24,394 SF)
Zoning code
M
APN
18 312 02 012
UPID
US22-1805103
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
Current use
Occupant on record · Public records
-
MadreCasa Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gapls LLC · 14 yrs held
Gapls LLC
since 2012
5 recorded transactions
Zoning & alternative use
M · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,407
Tax year 2024
Assessed value
$94,520
Assessed 2024
Previous assessed
$94,520
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$60,493
Assessed improvement
$34,027
Land market value
$151,232
Improvement market value
$85,068
Total market value
$236,300
Applied tax rate
44.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1957
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,318 SF
Lot
0.56 ac (24,394 SF)
Zoning code
M
APN
18 312 02 012
UPID
US22-1805103
Jurisdiction
DE KALB
Zoning & alternative use
M · Atlanta, GA
Zoning M · permitted uses
M · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Gapls LLC
Entity
Free & Clear · 14 yrs held
Mailing address
5499 MT VERNON WAY, DUNWOODY, GA 30338-2851
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Dec 9, 2020
—
Tef Holdings II LLC
—
Deed
related
—
Aug 26, 2019
—
Tef Holdings II LLC
—
Deed
related
$373,500 · Signature Bank
Jan 6, 2012
—
Gapls LLC
Pro Land Scapes LLC
Quit Claim Deed
related
—
Nov 23, 2005
$250,000
Pro Land Scapes LLC
Glidewell,hugh C
Warranty Deed
—
—
—
Tef Holdings II LLC
—
Loan Modification
related
—
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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