Entity Owned Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
66,784 SF
Lot
20.21 ac (880,348 SF)
Zoning code
RM
APN
09F230100841517
UPID
US22-3690386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.64M
CAP Approach
CAP
$13.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.15M
Owner & transaction history
since 2021
Last sale
$18.9M
4 recorded transactions
Zoning & alternative use
RM · Union City, GA
Zoning description
RM district is composed of certain lands and structures in the City, having a high density of multi-family dwelling units, residential character and is designed to provide orderly development of single, two and multi-fam…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$14.15M
Value range
$12.73M – $15.56M
±10% around blend
Estimated value / SF
$212 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$12.73M
blend $14.15M
$15.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
66,784 SF
Lot area
20.21 ac
Year built
1986
Stories
1
APN
09F230100841517
Zoning
RM
Assessed value
$4,752,920
Annual tax
$134,156
3
Income approach: direct capitalization
Partial preview
Income approach indication
$13.81M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$14.96M
@ 6.5% CAP return
$13.81M
@ 7% CAP return
$12.82M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.15M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 417 sales
$694
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $212/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
2.50%
Implied, in-place cap rate for this garden apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$1.32M *
Last sale · Apr 2021
$18.85M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$52.78M
Move the market yield to see immediate price impact.
Value / SF
$790
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.00%2.50%3.00%
$1.19M
$59.38M
$47.50M
$39.59M
$1.32M
$65.98M
$52.78M
$43.98M
$1.45M
$72.57M
$58.06M
$48.38M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$134,156
Tax year 2023
Assessed value
$4,752,920
Assessed 2023
Previous assessed
$4,752,920
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,240,080
Assessed improvement
$3,512,840
Land market value
$3,100,200
Improvement market value
$8,782,100
Total market value
$11,882,300
Applied tax rate
50.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
12
Stories
1
Units
7
Total area
66,784 SF
Lot
20.21 ac (880,348 SF)
Zoning code
RM
APN
09F230100841517
UPID
US22-3690386
Jurisdiction
FULTON
Zoning & alternative use
RM · Union City, GAZoning RM · permitted uses
RM · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
RM district is composed of certain lands and structures in the City, having a high density of multi-family dwelling units, residential character and is designed to provide orderly development of single, two and multi-fam…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Buildings
12
Units
7
Lot
20.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RM
RESIDENTIAL
Jurisdiction
Union City, GA
Recorded code
RM
Official district
RM
Official district profile
What the municipal code says about RM
Zoning description
RM district is composed of certain lands and structures in the City, having a high density of multi-family dwelling units, residential character and is designed to provide orderly development of single, two and multi-fam…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM in Union City, GA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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