Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Garden apartment buildings
3852 Mcelroy Rd Doraville, GA 30340-2303
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1840824
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1970
Total area
9,600 SF
Lot
8.84 ac (385,070 SF)
Zoning code
RM100
APN
18 320 01 015
UPID
US22-1840824
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
$1.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.63M
Owner & transaction history
Greenleaf Invs Ptrs L006 LLC · 7 yrs held
Greenleaf Invs Ptrs L006 LLC
since 2018
7 recorded transactions
Zoning & alternative use
RM100 · Doraville, 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 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%
$1,765,000
6.5%
$1,630,000
7%
$1,515,000
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±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
$169 / 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
$98,443
Tax year 2024
Assessed value
$7,561,640
Assessed 2024
Previous assessed
$2,120,000
+256.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$572,000
Assessed improvement
$6,989,640
Land market value
$1,430,000
Improvement market value
$17,474,100
Total market value
$18,904,100
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
1970
Heating
NONE
Cooling
YES
Buildings
9
Stories
3
Units
106
Total area
9,600 SF
Lot
8.84 ac (385,070 SF)
Zoning code
RM100
APN
18 320 01 015
UPID
US22-1840824
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Doraville, GA
Zoning RM100 · permitted uses
RM100 · 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.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
3
Buildings
9
Units
106
Lot
8.84 ac
Current owner
From public records · entity-resolved
Greenleaf Invs Ptrs L006 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
7 PENN PLZ #1400, NEW YORK, NY 10001-3967
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Doraville Holdings #1 LLC
—
Deed
related
$12,552,000 · Arbor Commercial Funding I
Dec 27, 2022
—
Doraville Holdings 1 LLC
—
Deed
related
$10,150,000 · Bethpage Federal Credit Union
Oct 15, 2018
$5,300,000
Greenleaf Invs Ptrs L006 LLC
Greenleaf Invs Ptrs L006 LLC
Warranty Deed
related
—
Oct 15, 2018
$10,600,000
Doraville Holdings 1 LLC
Greenleaf Invs Ptrs L006 LLC
Grant Deed
related
—
Aug 20, 2012
$2,650,000
Greenleaf Inv Ptrs L006 LLC
Tritex R/e Advisors INC
Grant Deed
—
Aug 20, 2012
—
Greenleaf Inv Ptrs L006 LLC
Tritex R/e Advisors INC
Quit Claim Deed
related
$1,855,000 · Midtown Bank & Trust Co
Aug 19, 2011
—
Tritex R/e Advisors INC
Federal Natl Mtg Assn Fnma
Grant Deed
related
—
Aug 5, 2011
$1,800,000
Federal Natl Mtg Assn Fnma
Commerce B B Associates LP
Trustees Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3852 Mcelroy Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
