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Property profile & analytics
OFF-MARKET
Estimated value
$22,105,000
Office buildings
3845 Pleasantdale Rd Doraville, GA 30340-4205
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0473038
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
101,300 SF
Lot
25.04 ac (1,090,568 SF)
Zoning code
X
APN
18 315 01 006
UPID
US22-0473038
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
by Request
CAP Approach
CAP
$22.26M
Comparable Approach
Comparable
$18.71M
Blend (final)
Blend
$22.11M
Owner & transaction history
Rex Holdings LLC · 13 yrs held
Rex Holdings LLC
since 2012
6 recorded transactions
Zoning & alternative use
X · Doraville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$27.6M
+82.3%
Medical building
$27.5M
+82.1%
Auto repair, garage
$25.7M
+70.1%
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 Doraville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doraville 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
by Request
CAP Approach
CAP Return
Estimation
6%
$24,115,000
6.5%
$22,260,000
7%
$20,670,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,125,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$27,570,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$27,540,000
Change: +82% · Conversion: Easy
AUTO REPAIR, GARAGE
$25,725,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$22,720,000
Change: +50% · Conversion: Moderate
Blend value · Realmo final
$22.11M
Range $19.89M – $24.32M · ±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
$218 / 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
$352,709
Tax year 2024
Assessed value
$7,673,520
Assessed 2024
Previous assessed
$4,900,000
+56.6% YoY
Effective rate
4.60%
On assessed value
Assessed land
$2,246,520
Assessed improvement
$5,427,000
Land market value
$5,616,300
Improvement market value
$13,567,500
Total market value
$19,183,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Cooling
YES
Buildings
6
Stories
2
Total area
101,300 SF
Lot
25.04 ac (1,090,568 SF)
Zoning code
X
APN
18 315 01 006
UPID
US22-0473038
Jurisdiction
DE KALB
Zoning & alternative use
X · Doraville, GA
Zoning X · permitted uses
X · Doraville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doraville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$15.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$27.6M
MEDICAL BUILDING
Est. value
$27.5M
AUTO REPAIR, GARAGE
Est. value
$25.7M
RETAIL STORES
Est. value
$22.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1977
Heating
NONE
Cooling
Yes
Stories
2
Buildings
6
Lot
25.04 ac
Current owner
From public records · entity-resolved
Rex Holdings LLC
Entity
Mailing address
55 GLENLAKE PKWY, ATLANTA, GA 30328-3474
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2014
—
Encompass Digital Media INC
—
Grant Deed
related
$200,000,000 · Bank Of Montreal
Jul 13, 2012
$12,050,000
Rex Holdings LLC
Keeper LLC
Grant Deed
related
$4,500,000 · Atlantic Capital Bank
Sep 8, 2010
$11,600,000
Keeper LLC
Whiskers LLC
Grant Deed
—
Jan 15, 2010
$20,000,000
Whiskers LLC
Crawford,communications In
Grant Deed
—
—
—
Crawford,co
—
Deed Of Trust
related
$310,000 · Suntrust Bank NA
—
—
Encompass Digital Media INC
—
Deed Of Trust
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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