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Property profile & analytics
OFF-MARKET
Estimated value
$15,925,000
Garden apartment buildings
4801 Snapfinger Woods Dr Decatur, GA 30035
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0937912
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Total area
4,888 SF
Lot
25.7 ac (1,119,492 SF)
Zoning code
RM100
APN
16 009 01 005
UPID
US22-0937912
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$15.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.93M
Owner & transaction history
2717 Shell Bark Road LLC · 2 yrs held
2717 Shell Bark Road LLC
since 2024
Last sale
$15.9M
7 recorded transactions
Zoning & alternative use
RM100 · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$15,925,000
ML approach
$15,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.93M
Range $14.33M – $17.52M · ±10% · vs last sale $15.93M (Jan 9 2024)
Last sale anchor
$15.93M
Jan 9 2024
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
$3,258 / 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
$246,212
Tax year 2024
Assessed value
$7,240,000
Assessed 2024
Previous assessed
$5,448,800
+32.9% YoY
Effective rate
3.40%
On assessed value
Assessed land
$88,040
Assessed improvement
$7,151,960
Land market value
$220,100
Improvement market value
$17,879,900
Total market value
$18,100,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
NONE
Cooling
YES
Buildings
48
Stories
2
Units
149
Total area
4,888 SF
Lot
25.7 ac (1,119,492 SF)
Zoning code
RM100
APN
16 009 01 005
UPID
US22-0937912
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Decatur, GA
Zoning RM100 · permitted uses
RM100 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Cooling
Yes
Stories
2
Buildings
48
Units
149
Lot
25.7 ac
Current owner
From public records · entity-resolved
2717 Shell Bark Road LLC
Entity
Mailing address
4801 SNAPFINGER WOODS DR, DECATUR, GA 30035
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
$15,927,081
2717 Shell Bark Road LLC
Snapfinger Homes LLC
Warranty Deed
—
Oct 3, 2023
$18,100,000
2717 Shell Bark Road LLC
Snapfinger Homes LLC
Warranty Deed
$15,600,000 · Low Income Investment Fund
Mar 20, 2020
$2,396,900
Snapfinger Homes LLC
2 Shell Bank Road Decatur LLC
Grant Deed
—
Jul 30, 2019
—
2 Snell Bark Road Decatur LLC
—
Deed
related
$11,625,000 · Dougherty Mortgage
Jul 12, 2017
$7,500,000
2 Shell Bark Road Decatur LLC
Ld Cedars Chalet LLC
Grant Deed
$6,000,000 · Cbre Cap Markets
Jan 13, 2016
$5,000,000
Ld Cedars Chalet LLC
Vcp Cedar Chalet LLC
Grant Deed
$4,615,000 · * Other Institutional Lenders
Jul 3, 2014
$3,100,000
Vcp Cedars Chalet LLC
Ga Highland Estates LLC
Grant Deed
$2,697,000 · State Bk&tr
Mar 22, 2011
—
Ga Highland Estates LLC
Miles-oak Park LLC
Grant Deed
—
—
—
Mpi Azalea LLC
—
Deed Of Trust
related
$92,700,000 · Bank/america NA 2007-whale8
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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