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Property profile & analytics
OFF-MARKET
Estimated value
$10,595,000
Warehouses
486 Decatur SE St Atlanta, GA 30312-1849
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1725942
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2014
Total area
108,659 SF
Lot
1.37 ac (59,677 SF)
Zoning code
I1
APN
14 004500071181
UPID
US22-1725942
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
-
ATM Atm
-
Life Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.60M
Owner & transaction history
Sh 778-780 LLC · 8 yrs held
Sh 778-780 LLC
since 2017
7 recorded transactions
Zoning & alternative use
I1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$14,145,000
6.5%
$13,060,000
7%
$12,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,715,000
Current use
Blend value · Realmo final
$10.60M
Range $9.54M – $11.65M · ±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
$98 / 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
Assessed value
$5,724,400
Assessed 2024
Previous assessed
$6,014,360
-4.8% YoY
Assessed land
$859,360
Assessed improvement
$4,865,040
Land market value
$2,148,400
Improvement market value
$12,162,600
Total market value
$14,311,000
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
825
Total area
108,659 SF
Lot
1.37 ac (59,677 SF)
Zoning code
I1
APN
14 004500071181
UPID
US22-1725942
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GA
Zoning I1 · permitted uses
I1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.7M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
825
Lot
1.37 ac
Current owner
From public records · entity-resolved
Sh 778-780 LLC
Entity
Mailing address
6467 MAIN ST, WILLIAMSVILLE, NY 14221-5856
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2017
$13,066,300
Sh 778-780 LLC
486 Decatur Street LLC
Trustees Deed
$22,000,000 · Tcf Nat'l Bk
Nov 9, 2012
—
486 Decatur Street LLC
Decatur Street Properties LLC
Deed In Lieu Of Foreclosure
related
—
Feb 25, 2008
$3,350,000
Decatur Street Properties LLC
Dynamic Properties LLC
Grant Deed
—
Feb 25, 2008
—
Decatur Street Properties LLC
Dynamic Properties LLC
Quit Claim Deed
related
$2,713,574 · Eastside Com'l Bk
Feb 21, 2008
$3,350,000
Decatur Street Properties LLC
Dynamic Properties LLC
Grant Deed
—
Feb 21, 2008
—
Decatur Street Properties LLC
Dynamic Properties LLC
Grant Deed
related
—
—
—
486 Decatur Street LLC
—
Deed Of Trust
related
$4,131,378 · State Bank & Trust
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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