Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Assisted living facilities
447 Atlanta SE St Marietta, GA 30060-2226
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-1537125
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1908
Total area
11,684 SF
Lot
0.5 ac (21,780 SF)
Zoning code
OI
APN
17028800380
UPID
US22-1537125
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
-
Marietta Life Center Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Light Flight Holdings Atlanta · 9 yrs held
Light Flight Holdings Atlanta
since 2016
7 recorded transactions
Zoning & alternative use
OI · Marietta, 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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$51 / 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
$5,000
Tax year 2024
Assessed value
$591,040
Assessed 2024
Previous assessed
$591,040
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$158,560
Assessed improvement
$432,480
Land market value
$396,400
Improvement market value
$1,081,200
Total market value
$1,477,600
Applied tax rate
4.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1908
Heating
NONE
Units
35
Total area
11,684 SF
Lot
0.5 ac (21,780 SF)
Zoning code
OI
APN
17028800380
UPID
US22-1537125
Jurisdiction
COBB
Zoning & alternative use
OI · Marietta, GA
Zoning OI · permitted uses
OI · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1908
Heating
NONE
Units
35
Lot
0.5 ac
Current owner
From public records · entity-resolved
Light Flight Holdings Atlanta
Entity
Mailing address
447 ATLANTA ST SE, MARIETTA, GA 30060-2226
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2016
—
Light Flight Holdings Atlanta
Heavenly Living Center LLC
Quit Claim Deed
related
—
Aug 5, 2016
$1,913,000
Light Flight Holdings Atlanta
Heavenly Living Center LLC
Grant Deed
related
$2,950,500 · Ameris Bk
Sep 6, 2012
—
Heavenly Living Center LLC
Morris Living Centre INC
Quit Claim Deed
related
—
Sep 6, 2012
$1,390,000
Heavenly Living Center LLC
Morris Living Centre INC
Grant Deed
$1,175,000 · Morris Bank
Feb 18, 2005
$598,600
Morris Living Centre INC
Rees 435 LLC
Grant Deed
—
Sep 15, 2004
$275,000
Morris Living Centre INC
Lb 447 Atlanta Street LLC
Grant Deed
—
Aug 19, 2004
$275,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jul 6, 2004
$109,000
Lb 447 Atlanta Street LLC
Pacific Grove Associates INC
Trustees 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 447 Atlanta SE St?
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.
