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Property profile & analytics
OFF-MARKET
Estimated value
$8,500,000
Garden apartment buildings
3755 Decatur Rd Decatur, GA 30032-1028
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0649129
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Total area
8,060 SF
Lot
14.5 ac (631,620 SF)
Zoning code
RM85
APN
18 012 01 001
UPID
US22-0649129
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
$10.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.95M
Blend (final)
Blend
$8.50M
Owner & transaction history
Reliant Income Fund Ga I LLC
Reliant Income Fund Ga I LLC
since 2025
6 recorded transactions
Zoning & alternative use
RM85 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$7.6M
+22.6%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$10,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,170,000
Current use
INDUSTRIAL (GENERAL)
$7,560,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±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
$1,055 / 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
$742,142
Tax year 2024
Assessed value
$13,664,200
Assessed 2024
Previous assessed
$9,672,000
+41.3% YoY
Effective rate
5.43%
On assessed value
Assessed land
$1,114,160
Assessed improvement
$12,550,040
Land market value
$2,785,400
Improvement market value
$31,375,100
Total market value
$34,160,500
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
1968
Heating
NONE
Cooling
YES
Buildings
25
Stories
2
Units
156
Total area
8,060 SF
Lot
14.5 ac (631,620 SF)
Zoning code
RM85
APN
18 012 01 001
UPID
US22-0649129
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Decatur, GA
Zoning RM85 · permitted uses
RM85 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.2M
INDUSTRIAL (GENERAL)
Est. value
$7.6M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
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
1968
Heating
NONE
Cooling
Yes
Stories
2
Buildings
25
Units
156
Lot
14.5 ac
Current owner
From public records · entity-resolved
Reliant Income Fund Ga I LLC
Entity
Mailing address
12945 SEMINOLE BLVD STE 1-15, LARGO, FL 33778-2315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 3, 2025
—
Reliant Income Fund Ga I LLC
Tfc Tic I LLC
Deed
$16,200 · Tfc Tic 1
May 23, 2025
—
Tfc Tic 1 LLC
—
Deed
related
$16,200,000 · Lmrec V Holdings I
Apr 13, 2022
$24,180,000
Tfc Tic 1 LLC
Brentwood Investment Grp LLC
Limited Warranty Deed
$20,651,700 · Orec Structured Finance
Sep 11, 2014
$4,850,000
3799 North Decatur LLC
North Decatur-aaa LLC
Grant Deed
related
$4,950,000 · Hamilton St Bk
May 5, 2009
$1,500,000
North Decatur Aaa LLC
Wells Fargo Bank NA
Grant Deed
—
May 31, 2006
$5,800,000
Ndma LLC
North,decatur Manor Apts I
Grant 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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