New search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Garden apartment buildings
400 Paines NW Ave Atlanta, GA 30314-3311
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4206080
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
3,172 SF
Lot
0.21 ac (9,278 SF)
Zoning code
R5
APN
14 011100071743
UPID
US22-4206080
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
$520k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$476k
Blend (final)
Blend
$510k
Owner & transaction history
400 Paines LLC · 1 yrs held
400 Paines LLC
since 2025
7 recorded transactions
Zoning & alternative use
R5 · Atlanta, 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 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
by Request
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$161 / 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
Assessed value
$119,760
Assessed 2023
Previous assessed
$119,760
+0.0% YoY
Assessed land
$40,000
Assessed improvement
$79,760
Land market value
$100,000
Improvement market value
$199,400
Total market value
$299,400
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
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
1955
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
8
Bathrooms
1
Total area
3,172 SF
Lot
0.21 ac (9,278 SF)
Zoning code
R5
APN
14 011100071743
UPID
US22-4206080
Jurisdiction
FULTON
Zoning & alternative use
R5 · Atlanta, GA
Zoning R5 · permitted uses
R5 · 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.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
8
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
400 Paines LLC
Entity
Mailing address
970 JEFFERSON ST NW, ATLANTA, GA 30318-5236
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
400 Paines LLC
Westside Acquisitions 1 LLC
Warranty Deed
$500,000 · Wff Real Estate Investment Fund
Jan 30, 2023
—
220 Sunset LLC
—
Deed
related
$10,000,000 · Wff Real Estate Investment Fund
May 9, 2019
—
Atl Re Holdings LLC
En Od Milvado LLC
Quit Claim Deed
related
—
May 9, 2019
$259,000
Atl Re Holdings LLC
En Od Milvado LLC
Grant Deed
related
—
Jul 21, 2014
—
En-od-milvado LLC
Kadoche,judah
Quit Claim Deed
related
—
Jul 17, 2013
$110,000
Rafael Properties LLC
Hunter Willie C
Grant Deed
—
Jul 17, 2013
$130,000
Judah Kadoche
Refael Properties LLC
Warranty 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.
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 400 Paines NW Ave?
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.
