Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
432 Ponce De Leon NE Ave Atlanta, GA 30308-2015
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-1503892
Property summary
AI-generated overview
This exceptional commercial property offers five distinct storefront units in a vibrant Atlanta neighborhood, boasting high foot traffic and excellent street visibility. Located just 0.4 miles from Ponce City Market, these spaces are ideal for a variety of businesses. Unit C3 at 432 Ponce De Leon Ave NE, a 1040 sq ft end unit, features a loft, storage, a bathroom, and back access. It's available for $4800 per month. Other units range from 525 to 896 sq ft and offer similar amenities, including storage, bathrooms, and back access, with lease rates between $3200 and $3400 per month. All units benefit from large front windows, providing ample natural light and showcasing opportunities. On-street parking is available, with additional parking at the rear of the building on Charles Allan Drive. The property sits on a 0.27-acre lot and is perfectly situated to capitalize on the area's bustling atmosphere and high volume of pedestrian traffic. These customizable spaces are ready for immediate occupancy and represent a unique opportunity for businesses seeking a prime location in a thriving Atlanta community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
3,559 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C2
APN
14 004800100193
UPID
US22-1503892
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
-
Paramount Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$690k
Owner & transaction history
Ms Hookelahs LLC · 6 yrs held
Ms Hookelahs LLC
since 2019
1 recorded transaction
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+25.3%
Neighborhood: shopping center
$970,000
+21.3%
Medical building
$970,000
+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%
$690,000
6.5%
$640,000
7%
$595,000
Alternative Use
Use
Estimation
RETAIL STORES
$800,000
Current use
COMMERCIAL (GENERAL)
$1,000,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$970,000
Change: +21% · Conversion: Moderate
MEDICAL BUILDING
$970,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$905,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$194 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$717,320
Assessed 2023
Previous assessed
$661,360
+8.5% YoY
Assessed land
$205,760
Assessed improvement
$511,560
Land market value
$514,400
Improvement market value
$1,278,900
Total market value
$1,793,300
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,559 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C2
APN
14 004800100193
UPID
US22-1503892
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GAZoning C2 · permitted uses
C2 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$970,000
MEDICAL BUILDING
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$905,000
OFFICE BUILDING
Est. value
$835,000
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
1940
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Ms Hookelahs LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3083 GRN VLY DR, EAST POINT, GA 30344-3911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2019
$1,800,000
Ms Hookelahs LLC
Williams,joseph E
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 432 Ponce De Leon NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
