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Property profile & analytics
OFF-MARKET
Turn key restaurants
437 Memorial SE Dr Atlanta, GA 30312-2277
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US22-1373689
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Total area
7,713 SF
Lot
0.13 ac (5,619 SF)
Zoning code
C1
APN
14 004400021476
UPID
US22-1373689
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
-
EVOLV Training Center
-
JSI, Georgia Office Business Management Consultant
-
Harrison Holland, Close-Up Magic Theater & Performing Art Venue DJ & Entertainment
-
Hales Photo Photography Service (Bike/Boat/Book/etc) Store
-
Bounce TV Legacy Cruise Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pk-the Jane LLC · 19 yrs held
Pk-the Jane LLC
since 2007
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$16,774
Tax year 2023
Assessed value
$405,160
Assessed 2023
Previous assessed
$405,160
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$70,280
Assessed improvement
$334,880
Land market value
$175,700
Improvement market value
$837,200
Total market value
$1,012,900
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Heating
NONE
Stories
1
Total area
7,713 SF
Lot
0.13 ac (5,619 SF)
Zoning code
C1
APN
14 004400021476
UPID
US22-1373689
Jurisdiction
FULTON
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.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Pk-the Jane LLC
Entity
Mailing address
437 MEMORIAL DR SE, ATLANTA, GA 30312-2277
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2019
—
Sfu Memorial Drive LLC
—
Deed
related
$1,800,000 · First Citizens Bank
Nov 6, 2019
—
Jane Owner LLC
—
Grant Deed
related
$30,600,000 · Ladder Cap Fin
Sep 24, 2018
—
Sfu Memorial Drive LLC
—
Deed
related
$1,800,000 · Iberiabank
Apr 23, 2018
—
Jane Owner LLC
—
Trustees Deed
related
$290,000 · Ladder Cap Fin
Dec 29, 2015
—
Sfu Memorial Drive LLC
—
Trustees Deed
related
$100,000 · Fidelity Bk
Apr 27, 2007
—
Pk-the Jane LLC
Calamity Jane LLC
Quit Claim Deed
related
$4,729,329 · Branch Bk&tr
Apr 27, 2007
$3,000,000
Pk-the Jane LLC
Calamity Jane LLC
Warranty Deed
—
Jan 18, 2006
—
Calamity Jane LLC
Metro Atlanta Florist Delivery C
Quit Claim Deed
related
$1,200,000 · Piedmont Bk/ga
Jan 18, 2006
$2,000,000
Calamity Jane LLC
Metro Atlanta Florist Delivery C
Grant Deed
—
—
—
Sfu Memorial Drive LLC
—
Deed Of Trust
related
$1,800,000 · Iberiabank
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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