Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    455 Dekalb Industrial Way Decatur, GA 30030-1737
    Property profile & analytics

    455 Dekalb Industrial Way, Decatur, GA 30030-1737

    View on Map
    • Garden apartment buildings
    • 27,156 SF
    • 15.57 lot acres
    Off-Market
    Property ID
    US22-0059446
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,785,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jackson Square Apartments / Apartment Complex / Apartment Building

    Property Details for 455 Dekalb Industrial Way

    Year built
    1998
    Lot size
    15.57 lot acres
    Zone code
    RM-HD
    Property type
    Garden apartment buildings
    APN
    18 048 03 014
    APU
    1804803014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 22, 2018 $2,028,600 Gray Property 3401 Gray Lumber Co Grant Deed · related —
    Jun 28, 2006 $43,377,500 Gray Jackson Sq LLC California,state Teachers Grant Deed —
    — — Gray Property 3401 LLC — Deed Of Trust · related $28M · Miscellaneous Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,604,000
      Market price range: $1.15M - $4.60M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2746
    Latitude
    33.7898
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,361,391
    $5,715,328
    $24,975,232
    $30,690,560
    -
    $14,288,320
    $62,438,080
    $76,726,400

    Comparable in this City

    • Value Estimation by Request
      20,920 SF

      10 Rimington Ln

      GARDEN APT, COURT APT (5+ UNITS)
      10 Rimington Ln, Decatur, GA 30030-2122
      View Details
    • Value Estimation
      $1,300,000
      9,412 SF

      351 Hillcrest Ave

      GARDEN APT, COURT APT (5+ UNITS)
      351 Hillcrest Ave, Decatur, GA 30030-2013
      View Details
    • Value Estimation by Request
      3,360 SF

      222 Adair St

      GARDEN APT, COURT APT (5+ UNITS)
      222 Adair St, Decatur, GA 30030-2969
      View Details
    • Value Estimation by Request
      3,512 SF

      212 Adair St

      GARDEN APT, COURT APT (5+ UNITS)
      212 Adair St, Decatur, GA 30030-2905
      View Details
    • Value Estimation
      $10,985,000
      108,668 SF

      700 Atlanta Ave

      GARDEN APT, COURT APT (5+ UNITS)
      700 Atlanta Ave, Decatur, GA 30030-3047
      View Details
    • Value Estimation
      $935,000
      6,922 SF

      430 Ponce De Leon Ave

      GARDEN APT, COURT APT (5+ UNITS)
      430 Ponce De Leon Ave, Decatur, GA 30030-1969
      View Details

    Similar Nearby for Sale

    • New
      $635,000
      0.21 Acres

      Decatur Duplex Investment Opportunity

      Duplex in Decatur near Downtown, Agnes Scott, and Emory.
      140 Scott Blvd, Decatur, GA 30030
      View Details
    • New
      $799,000
      0.70 Acres

      Single-Family Home with Sun Room

      For sale in Decatur, this home features period details, a front porch, and a rear sun room.
      120 S Candler St, Decatur, GA 30030
      View Details
    • New
      $725,000
      0.38 Acres

      Tenant-Occupied Duplex in Decatur

      Duplex with instant income potential, no HOA, and rent restrictions.
      332 Lockwood Ter, Decatur, GA 30030
      View Details
    • New
      $725,000
      1,000 SF

      Tenant-Occupied Duplex: Income Potential

      Decatur duplex with no HOA, rent restrictions, and instant income.
      332 Lockwood Ter, Decatur, GA 30030
      View Details
    • New
      $625,000
      0.40 Acres

      Two-Unit Residential Income Property

      Two separate living spaces with private entrance and off-street parking, supported by updates and strong schools access.
      255 S Columbia Dr, Decatur, GA 30030
      View Details
    • New
      $625,000
      0.40 Acres

      Decatur Multifamily with Income Potential

      Multifamily property in Decatur, GA with income potential.
      255 S Columbia Dr, Decatur, GA 30030
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Construction Home in Decatur

      Light-filled 2 bed, 2.5 bath home with modern upgrades.
      230 New St, Decatur, GA 30030
      View Details
    • Contact for pricing

      Mixed-Use Development in Downtown Decatur

      Mixed-use property with residential, office, and retail spaces for rent.
      120 W Trinity Pl, Decatur, GA 30030
      View Details
    • Contact for pricing

      Award-Winning Office Building for Rent

      Six-story office building with lush landscaping and convenient location.
      160 Clairemont Ave, Decatur, GA 30030
      View Details
    • Contact for pricing

      Office Space Near Emory University

      Office space in Decatur, near Emory University and Hospital.
      West Court Sq, Decatur, GA 30030
      View Details
    • Contact for pricing

      Decatur Office Space for Rent

      Office space with access to Decatur's amenities and public transit.
      119 E Court Sq, Decatur, GA 30030
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    455 Dekalb Industrial Way
    Decatur, GA 30030-1737
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    455 Dekalb Industrial Way, Decatur, GA, 30030
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!