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    Property profile & analytics

    3804 Martin Luther King Jr SW Dr Atlanta, GA 30331-3509

    • Garden apartment buildings
    • 66,650 SF
    • 6.94 lot acres
    OFF-MARKET
    Value Estimation
    $2,140,000
    Location Intelligence
    Property ID
    US22-1712539
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 3804 Martin Luther King Jr SW Dr

    Year built
    1969
    Construction
    WOOD
    Lot size
    6.94 lot acres
    Property size
    66,650 SF
    Zone code
    RG3
    Property type
    Garden apartment buildings
    APN
    14F001500030260
    APU
    14F001500030260

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,085,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,990,000
      6.5%
      $2,980,000
      7%
      $2,735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,845,000
      Geo Method
      $2,930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,655,000
      Retail
      $2,915,000
      Mixed-Use
      $3,420,000
      Hospitality
      $3,045,000
      Educational
      $3,055,000
      Residential Income
      $3,120,000
      Energy
      $2,985,000
      Income-Based Land
      $2,765,000
      Food Service
      $2,895,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5145
    Latitude
    33.7676
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,097
    $687,080
    $1,247,640
    $1,934,720
    -
    $1,717,700
    $3,119,100
    $4,836,800

    Comparable in this City

    • Value Estimation by Request
      14,070 SF

      3751 Martin Luther King Jr SW Dr

      GARDEN APT, COURT APT (5+ UNITS) • 14,070 SF
      3751 Martin Luther King Jr SW Dr, Atlanta, GA 30331-3506
      View Details
    • Value Estimation
      $2,400,000
      19,400 SF

      3000 Continental Colony SW Pkwy

      GARDEN APT, COURT APT (5+ UNITS) • 19,400 SF
      3000 Continental Colony SW Pkwy, Atlanta, GA 30331-3044
      View Details
    • Value Estimation
      $2,320,000
      45,936 SF

      320 Fairburn SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 45,936 SF
      320 Fairburn SW Rd, Atlanta, GA 30331-1918
      View Details
    • Value Estimation
      $1,800,000
      5,440 SF

      3379 Stone SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 5,440 SF
      3379 Stone SW Rd, Atlanta, GA 30331-3215
      View Details
    • Value Estimation by Request
      8,184 SF

      3000 Stone Hogan Connector SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 8,184 SF
      3000 Stone Hogan Connector SW Rd, Atlanta, GA 30331-2861
      View Details
    • Value Estimation
      $800,000
      3,416 SF

      1200 Utoy Spgs SW Rd

      GARDEN APT, COURT APT (5+ UNITS) • 3,416 SF
      1200 Utoy Spgs SW Rd, Atlanta, GA 30331-2186
      View Details

    Similar Nearby for Sale

    • New
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      30,161 SF

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      Renovated income property with multiple rental options near Atlanta Airport.
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      Renovated property with rental options near Atlanta's key locations.
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      Atlanta 19-Acre Residential Land

      Prime Atlanta development opportunity. R-3 zoning.
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    Similar Nearby for Lease

    • $1,595 /Mo

      Atlanta Gem For Rent

      3 bed, 2.5 bath end unit near parks and Marta.
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    • $800 /Mo
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      Atlanta Warehouse/Storage Commercial Space

      Commercial space ideal for warehousing or storage in Atlanta, GA.
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    • $800 /Mo
      27,007 SF

      Atlanta Warehouse/Storage Space for Lease

      Commercial space ideal for warehousing or storage in high-traffic location.
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      View Details
    • $800 /Mo
      27,007 SF

      Atlanta Warehouse/Storage Space For Rent

      Commercial space ideal for warehousing or storage in high-traffic location.
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      View Details
    • $9,000 /Mo
      178,596 SF

      Renovated Church Building on 5 Acres

      Renovated church for rent near I-285 in Atlanta.
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      View Details
    • Contact for pricing
      196,283 SF

      Camp Creek Marketplace II Retail Spaces

      High-traffic retail spaces available in Southwest Atlanta.
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      View Details
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    Atlanta, GA 30331-3509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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