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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Amusement parks
4480 Frederick SW Dr Atlanta, GA 30336-1829
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-1002099
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1967
Total area
24,522 SF
Lot
1.88 ac (81,893 SF)
Zoning code
M2
APN
14F0056 LL0447
UPID
US22-1002099
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
-
Futimis Systems, Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$829k
Blend (final)
Blend
$680k
Owner & transaction history
4480 Frederick Drive LLC · 7 yrs held
4480 Frederick Drive LLC
since 2018
4 recorded transactions
Zoning & alternative use
M2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$28 / 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
Tax billed
$10,634
Tax year 2023
Assessed value
$376,760
Assessed 2023
Previous assessed
$325,400
+15.8% YoY
Effective rate
2.82%
On assessed value
Assessed land
$101,560
Assessed improvement
$275,200
Land market value
$253,900
Improvement market value
$688,000
Total market value
$941,900
Applied tax rate
55.0000
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1967
Heating
YES
Stories
1
Total area
24,522 SF
Lot
1.88 ac (81,893 SF)
Zoning code
M2
APN
14F0056 LL0447
UPID
US22-1002099
Jurisdiction
FULTON
Zoning & alternative use
M2 · Atlanta, GA
Zoning M2 · permitted uses
M2 · 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
1967
Heating
YES
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
4480 Frederick Drive LLC
Entity
Free & Clear · 7 yrs held
Mailing address
4480 FREDERICK DR SW, ATLANTA, GA 30336-1829
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2018
—
4480 Frederick Drive LLC
Oscar G Carlstedt Co
Quit Claim Deed
related
—
May 23, 2018
$830,000
4480 Frederick Drive LLC
Oscar G Carlstedt Co
Grant Deed
—
May 23, 2018
—
4480 Frederick Dr LLC
Oscar G Carlstedt Co
Quit Claim Deed
related
—
Oct 24, 2005
$243,800
Ww Frederick Drive LLC
Niss Clark E Trust
Deed
$450,000 · Main Street Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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