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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Office buildings
4153 Flt Shls Pkwy Decatur, GA 30034-4106
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1419944
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
9,963 SF
Lot
8.25 ac (359,370 SF)
Zoning code
OI
APN
15 071 01 006
UPID
US22-1419944
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
$3.60M
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
$3.98M
Blend (final)
Blend
$3.60M
Owner & transaction history
Nationwide Real Estate Grp LLC · 13 yrs held
Nationwide Real Estate Grp LLC
since 2012
Last sale
$3.6M
4 recorded transactions
Zoning & alternative use
OI · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+88.4%
Auto repair, garage
$2.6M
+4.2%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$3,600,000
ML approach
$3,600,000
CAP Approach
CAP Return
Estimation
6%
$2,370,000
6.5%
$2,190,000
7%
$2,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,525,000
Current use
RESTAURANT
$4,755,000
Change: +88% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,630,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$2,320,000
Change: -8% · Conversion: Moderate
MEDICAL BUILDING
$2,310,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $3.60M (Dec 9 2024)
Last sale anchor
$3.60M
Dec 9 2024
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
$361 / 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
$105,638
Tax year 2024
Assessed value
$2,387,000
Assessed 2024
Previous assessed
$1,160,000
+105.8% YoY
Effective rate
4.43%
On assessed value
Assessed land
$220,400
Assessed improvement
$2,166,600
Land market value
$551,000
Improvement market value
$5,416,500
Total market value
$5,967,500
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
1998
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
4
Total area
9,963 SF
Lot
8.25 ac (359,370 SF)
Zoning code
OI
APN
15 071 01 006
UPID
US22-1419944
Jurisdiction
DE KALB
Zoning & alternative use
OI · Decatur, GA
Zoning OI · permitted uses
OI · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
4
Lot
8.25 ac
Current owner
From public records · entity-resolved
Nationwide Real Estate Grp LLC
Entity
Free & Clear · 13 yrs held
Mailing address
160 GREENTREE DR STE #101, DOVER, DE 19904-7620
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2012
$2,600,000
Nationwide Real Estate Grp LLC
Nfps LLC
Grant Deed
—
Nov 19, 2012
—
Nationwide Real Estate Grp LLC
Nfps LLC
Quit Claim Deed
related
—
Apr 22, 2005
—
Hudson Holding Co INC
—
Trustees Deed
related
$111,956 · Main Street Bank
—
—
The,hudson Holding Company
—
Deed Of Trust
related
$845,000 · Branch Banking & Trust Co
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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