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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4228 1st Ave Tucker, GA 30084-4426

    • Office Properties & Spaces
    • 1,003 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimations
    $215,000
    Show details
    Cap Rate Potential
    5.7%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US22-0990471
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Buddoo & Associates / Personal Injury Attorney / Attorney
    • All Georgia Insurance LLC / Insurance Agency / Auto Insurance Agency
    • William H Arroyo & Associates / Attorney
    • Charlton Allen & Associates / Trial Attorney
    • Randolph Acquisitions / Investment Service

    Property Details for 4228 1st Ave

    Year built
    1973
    Construction
    WOOD FRAME
    Lot size
    0.01 lot acres
    Property size
    1,003 SF
    Zone code
    OI
    Property type
    Office Properties & Spaces
    APN
    18 213 12 036
    APU
    1821312036

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $240,000
      6.5%
      $220,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $160,000
      Market price range: $75.3k - $196k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $155,000
      Current use
      COMMERCIAL (GENERAL)
      $255,000
      Change: +64% Conversion: Easy
      RETAIL STORES
      $255,000
      Change: +63% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $215,000
      Change: +39% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $190,000
      Change: +21% Conversion: Difficult
      MEDICAL BUILDING
      $190,000
      Change: +21% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2161
    Latitude
    33.8544
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,546
    $5,600
    $50,800
    $56,400
    -
    $14,000
    $127,000
    $141,000

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      1956 Montreal Rd Unit

      Office Properties & Spaces • 0.33 Acres
      1956 Montreal Rd Unit, Tucker, GA 30084
      View Details
    • Value Estimation
      $220,000
      1,128 SF

      4228 1st Ave

      CONDOMINIUM OFFICES • 1,128 SF
      4228 1st Ave, Tucker, GA 30084-4426
      View Details
    • Value Estimation
      $700,000
      2,245 SF

      3774 Lavista Rd

      CONDOMINIUM OFFICES • 2,245 SF
      3774 Lavista Rd, Tucker, GA 30084-5618
      View Details
    • Value Estimation
      $180,000
      1,457 SF

      4228 1st Ave

      CONDOMINIUM OFFICES • 1,457 SF
      4228 1st Ave, Tucker, GA 30084-4426
      View Details
    • Value Estimation
      $210,000
      1,034 SF

      4228 1st Ave

      CONDOMINIUM OFFICES • 1,034 SF
      4228 1st Ave, Tucker, GA 30084-4426
      View Details
    • Value Estimation
      $360,000
      14,112 SF

      3562 Habersham At Northlake

      CONDOMINIUM OFFICES • 14,112 SF
      3562 Habersham At Northlake, Tucker, GA 30084-4010
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.33 Acres

      Prime Tucker Office Suite - Ideal Location

      Furnished Office, I-285 Access, All Utilities Included
      1956 Montreal Rd Unit, Tucker, GA 30084
      View Details
    • $640,000
      3,508 SF

      Versatile Mixed-Use Property in Tucker

      Mixed-use property with warehouse space and residential/office potential.
      4916 Lavista Rd, Tucker, GA 30084
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    • New
      $849,000
      4,367 SF

      Tucker Commercial Building For Sale

      Freestanding commercial building in Tucker, suitable for various business types.
      3193 Evelyn St, Tucker, GA 30084
      View Details
    • New
      $849,000
      4,367 SF

      Tucker Commercial Building For Sale

      Freestanding Tucker building suitable for medical, daycare, or retail.
      3193 Evelyn St, Tucker, GA 30084
      View Details
    • Contact for pricing
      12,225 SF

      Tucker Office Building - 3.1 Acres

      Prime Tucker office building, multiple units, 12,225-13,000 sq ft.
      4635 Royal Atlanta Dr, Tucker, GA 30084
      View Details
    • $640,000
      3,508 SF

      Tucker Mixed-Use Property For Sale

      Versatile property with warehouse space and residential/office areas.
      4916 Lavista Rd, Tucker, GA 30084
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      22,879 SF

      Lakeside Center Office Sublease

      Tucker, GA Office Space - 22,879 SF
      1979 Lakeside Pkwy, Tucker, GA 30084
      View Details
    • $19 SF/Yr
      15,467 SF

      Tucker Office Space: Lakeside Centre

      Prime Tucker office space, 15,467 sq ft available.
      0 Lakeside Ctr, Tucker, GA 30084
      View Details
    • $234 SF/Yr
      89,585 SF

      Lakeside Centre Office Space

      Tucker, GA Office Suites Available
      1957 Lakeside Pkwy, Tucker, GA 30084
      View Details
    • Contact for pricing
      100,800 SF

      Tucker Industrial/Office Space

      100,800 SF Multi-Use Building
      4660 Hammermill Rd, Tucker, GA 30084
      View Details
    • $23 SF/Yr
      67,000 SF

      Tucker Office Suites for Lease

      Prime Tucker Office Space Available
      4500 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • $4,700 /Mo

      Versatile Commercial Space in Tucker

      4,000 sq. ft. commercial space ideal for various businesses.
      2027 Weems Rd, Tucker, GA 30084
      View Details
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    Tucker, GA 30084-4426
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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