Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,015,000
Medical Office Space
3885 Princeton Lks SW Way Atlanta, GA 30331-5589
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-0965935
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
40,020 SF
Lot
6.53 ac (284,447 SF)
Zoning code
I1C
APN
14F0002 LL6522
UPID
US22-0965935
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
$9.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.68M
Blend (final)
Blend
$12.02M
Owner & transaction history
Nr Camp Creek II LLC · 3 yrs held
Nr Camp Creek II LLC
since 2022
Last sale
$12.8M
5 recorded transactions
Zoning & alternative use
I1C · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.9M
+0.1%
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 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
Method
Estimation
Statistic approach
$13,300,000
ML approach
$9,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$10,880,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,890,000
Change: +0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,160,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$9,370,000
Change: -14% · Conversion: Easy
RETAIL STORES
$8,975,000
Change: -18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,920,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$12.02M
Range $10.81M – $13.22M · ±10% · vs last sale $12.80M (Aug 4 2022)
Last sale anchor
$12.80M
Aug 4 2022
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
$300 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$110,223
Tax year 2023
Assessed value
$2,662,400
Assessed 2023
Previous assessed
$2,662,400
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$265,880
Assessed improvement
$2,396,520
Land market value
$664,700
Improvement market value
$5,991,300
Total market value
$6,656,000
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
40,020 SF
Lot
6.53 ac (284,447 SF)
Zoning code
I1C
APN
14F0002 LL6522
UPID
US22-0965935
Jurisdiction
FULTON
Zoning & alternative use
I1C · Atlanta, GA
Zoning I1C · permitted uses
I1C · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$10.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$10.2M
OFFICE BUILDING
Est. value
$9.4M
RETAIL STORES
Est. value
$9.0M
INDUSTRIAL (GENERAL)
Est. value
$8.9M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2007
Heating
NONE
Stories
1
Lot
6.53 ac
Current owner
From public records · entity-resolved
Nr Camp Creek II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
730 THRID AVE FL FL FL #4, NEW YORK, NY 10017
Ownership since
2022
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
Aug 4, 2022
$12,800,000
Nr Camp Creek II LLC
Hta Camp Creek LLC
Special Warranty Deed
—
Jul 29, 2022
$12,800,000
Nr Camp Creek I LLC
Hta Camp Creek LLC
Trustees Deed
related
—
Mar 2, 2010
$10,244,200
Hta Camp Creek LLC
Camp,creek Medical Center
Grant Deed
related
—
Nov 14, 2007
$203,100
Camp,sherrod
Patrick Malloy Communities LLC
Warranty Deed
$203,000 · Suntrust Mtg
—
—
Sherrod Camp
—
Deed Of Trust
related
$203,000 · Suntrust Bank NA
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 3885 Princeton Lks SW Way?
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.
