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Property profile & analytics
OFF-MARKET
Estimated value
$26,020,000
Garden apartment buildings
415 Sylvia Dr, Forest Park, GA 30297-2918
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1710037
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
210 SF
Lot
20.4 ac (888,624 SF)
Zoning code
RM
APN
13-110A- D-001
UPID
US22-1710037
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
Current use
Occupant on record · Public records
-
Divine Light Empire Theater & Performing Art Venue
-
Divine Light Empire.LLC. Advertising Agency Marketing & Advertising
-
Beyond Dreaming Slumber Parties LLC Event Planning
-
Bradford Ridge Apartment Rental Agency Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$29.32M
Blend (final)
Blend
$26.02M
Owner & transaction history
Bradford Ridge Owner LLC · 4 yrs held
Bradford Ridge Owner LLC
since 2021
Last sale
$26.0M
4 recorded transactions
Zoning & alternative use
RM · Forest Park, 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$28,960,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$26.02M
Range $23.42M – $28.62M · ±10% · vs last sale $26.00M (Oct 14 2021)
Last sale anchor
$26.00M
Oct 14 2021
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
$123,905 / 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
$253,968
Tax year 2024
Assessed value
$6,510,000
Assessed 2024
Previous assessed
$6,510,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$412,040
Assessed improvement
$6,097,960
Land market value
$1,030,100
Improvement market value
$15,244,900
Total market value
$16,275,000
Applied tax rate
8.0000
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
1972
Heating
NONE
Total area
210 SF
Lot
20.4 ac (888,624 SF)
Zoning code
RM
APN
13-110A- D-001
UPID
US22-1710037
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Forest Park, GA
Zoning RM · permitted uses
RM · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
20.4 ac
Current owner
From public records · entity-resolved
Bradford Ridge Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4445 WILLARD AVE, CHEVY CHASE, MD 20815-3690
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
$26,000,000
Bradford Ridge Owner LLC
Bradford Ridge Holdings LLC
Warranty Deed
—
Apr 10, 2017
—
Bradford Ridgee Holdings LLC
Clayton Carriage Apts LLC
Quit Claim Deed
related
—
Apr 10, 2017
$7,735,000
Bradford Ridge Holdings LLC
Clayton Carriage Apts LLC
Grant Deed
related
$7,720,000 · Walker & Dunlop
—
—
Clayton Carriage Apts LLC
—
Deed Of Trust
related
$3,600,000 · Delta Community Cu
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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