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Property profile & analytics
OFF-MARKET
Estimated value
$9,545,000
Retail properties & Spaces
4300 Ashford Dunwoody NE Rd Atlanta, GA 30346-1504
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0914426
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1971
Total area
52,485 SF
Lot
4.6 ac (200,376 SF)
Zoning code
C1
APN
18 348 01 010
UPID
US22-0914426
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
-
BOSS Shop Clothing & Fashion Store
-
Red Parking Lot - Perimeter Mall Parking Lot & Garage
-
Sunglass Hut at Macy's Department Store
-
Macy's Backstage Discount Store Clothing & Fashion Store
-
Finish Line (located inside Macy's) Clothing Store Children'S Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.41M
Comparable Approach
Comparable
$7.20M
Blend (final)
Blend
$9.55M
Owner & transaction history
Macys Mall Real Estate LLC · 6 yrs held
Macys Mall Real Estate LLC
since 2020
3 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.8M
+25.3%
Neighborhood: shopping center
$14.3M
+21.3%
Medical building
$14.3M
+21.2%
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,195,000
6.5%
$9,410,000
7%
$8,740,000
Alternative Use
Use
Estimation
RETAIL STORES
$11,770,000
Current use
COMMERCIAL (GENERAL)
$14,750,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,285,000
Change: +21% · Conversion: Moderate
MEDICAL BUILDING
$14,270,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,330,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$12,290,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$9.55M
Range $8.59M – $10.50M · ±10%
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
$182 / 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
$226,703
Tax year 2024
Assessed value
$6,000,000
Assessed 2024
Previous assessed
$6,000,000
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$4,800,000
Land market value
$3,000,000
Improvement market value
$12,000,000
Total market value
$15,000,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1971
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
52,485 SF
Lot
4.6 ac (200,376 SF)
Zoning code
C1
APN
18 348 01 010
UPID
US22-0914426
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$14.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.3M
MEDICAL BUILDING
Est. value
$14.3M
AUTO REPAIR, GARAGE
Est. value
$13.3M
OFFICE BUILDING
Est. value
$12.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
1971
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.6 ac
Current owner
From public records · entity-resolved
Macys Mall Real Estate LLC
Entity
Mailing address
7 W 7TH ST, CINCINNATI, OH 45202-2424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 3, 2020
—
Mackys Mall Real Estate LLC
—
Deed
related
$360,426 · Us Bank NA (ce)
Jun 11, 2020
$16,900,000
Macys Mall Real Estate LLC
Macys Retail Holdings LLC
Grant Deed
related
$1,300,000,000 · Global Corp Trust (ct)
—
—
Mackys Mall Real Estate LLC
—
Deed Of Trust
related
$360,426 · Us Bank NA (ce)
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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