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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Medical Office Space
4201 Rainbow Dr Decatur, GA 30034-2302
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1748774
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Total area
4,703 SF
Lot
2.28 ac (99,491 SF)
Zoning code
OI
APN
15 126 12 001
UPID
US22-1748774
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
-
Let Our House Be Your Home Real Estate Agency
-
Soapstone Center For Clinical Research Institute
-
Pittman Sholah MD Physician
-
Booker Roberts Karla L MD Physician
-
Metropolitan Atlanta Ob Gyn Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.36M
Owner & transaction history
Trini Holdings LLC · 3 yrs held
Trini Holdings LLC
since 2023
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
OI · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+13.9%
Office building
$1.2M
+9.4%
Retail stores
$1.1M
+0.6%
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
$1,415,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
$1,135,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,240,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$1,190,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,095,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $1.38M (Mar 17 2023)
Last sale anchor
$1.38M
Mar 17 2023
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
$289 / 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
$24,649
Tax year 2024
Assessed value
$550,000
Assessed 2024
Previous assessed
$264,000
+108.3% YoY
Effective rate
4.48%
On assessed value
Assessed land
$150,680
Assessed improvement
$399,320
Land market value
$376,700
Improvement market value
$998,300
Total market value
$1,375,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
4,703 SF
Lot
2.28 ac (99,491 SF)
Zoning code
OI
APN
15 126 12 001
UPID
US22-1748774
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
MEDICAL BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.28 ac
Current owner
From public records · entity-resolved
Trini Holdings LLC
Entity
Mailing address
4242 SNAPFINGER WOODS DR, DECATUR, GA 30035-3409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
$1,375,000
Trini Holdings LLC
St Real Estate Holdings LLC
Warranty Deed
$1,100,000 · Pnc Bank
Dec 4, 2017
—
St Real Estate Holdings LLC
Malloy,tyrone C
Quit Claim Deed
related
—
—
—
St Real Estate Holdings LLC
—
Deed Of Trust
related
$350,000 · Fundsource Finantial LLC
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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