Entity Owned 
For Sale
1 / 24
$277,000
4298 Memorial Dr, Decatur, GA 30032
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Property summary
AI-generated overview
This professional office condominium suite features a single-level interior layout with a front reception area and multiple enclosed offices that allow for varied workspace configurations. The suite includes kitchen facilities, a restroom, and additional storage. The interior was updated in 2017. The suite is located in a highly accessible Decatur area just inside I-285, with convenient access to I-285 and Memorial Drive. On-site parking is available, supporting everyday tenant access. The enclosed office arrangement, reception space, and basic support amenities (kitchen and restroom) make the space suitable for office and service-based operations.
Property profile
Verified
Property type
Other office properties
Use group
CONDOMINIUM OFFICES
Year built
1982
Construction
WOOD FRAME
Total area
1,350 SF
Lot
0.03 ac (1,350 SF)
Zoning code
OI
APN
15 251 07 037
UPID
US22-0189481
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Charitable Organization Social Service Agency
-
Alternative Medicine Practice
-
Alternative Medicine Practice
-
Hair Salon
-
Hair Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$205k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
since 2022
6 recorded transactions
Zoning & alternative use
OI · Decatur, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 42 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$205k
Value range
$185k – $226k
±10% around blend
Estimated value / SF
$152 / SF
Confidence
High
42 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$185k
blend $205k
$226k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,350 SF
Lot area
0.03 ac
Year built
1982
Stories
1
APN
15 251 07 037
Zoning
OI
Assessed value
$58,320
Annual tax
$2,613
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$2,613
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$389k
Weighted, 20 comps · high confidence
Evidence
42 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.3 mi away · 1,481 SF
5.6 mi away · 1,204 SF
15.1 mi away · 1,406 SF
16.7 mi away · 1,475 SF
16.8 mi away · 1,599 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$205k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 53 sales
$253
-40%
County 288 sales
$173
-12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $152/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 42 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
6.53%
Selected cap rate for this other office properties
Derived from the Decatur market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.53%
9.0%
NOI (est.)
$18k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$277k
Move the market yield to see immediate price impact.
Value / SF
$205
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.03%6.53%7.03%
$16k
$270k
$249k
$231k
$18k
$300k
$277k
$257k
$20k
$330k
$305k
$283k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
42 found
High confidence · county-verified
Closest comparable
$654k
2.8 mi · Oct 2025 · $543/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,613
Tax year 2024
Assessed value
$58,320
Assessed 2024
Previous assessed
$58,320
+0.0% YoY
Effective rate
4.48%
On assessed value
Assessed land
$9,280
Assessed improvement
$49,040
Land market value
$23,200
Improvement market value
$122,600
Total market value
$145,800
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1982
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
1,350 SF
Lot
0.03 ac (1,350 SF)
Zoning code
OI
APN
15 251 07 037
UPID
US22-0189481
Jurisdiction
DE KALB
Zoning & alternative use
OI · Decatur, GAZoning OI · permitted uses
OI · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1982
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OI
Jurisdiction
Decatur, GA
Recorded code
OI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Decatur, GA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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