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Property profile & analytics
OFF-MARKET
Bars & Pubs
494 Plasters NE Ave Atlanta, GA 30324-3913
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1127248
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1957
Construction
WOOD
Total area
6,425 SF
Lot
0.46 ac (20,038 SF)
Zoning code
I1
APN
17 005700020103
UPID
US22-1127248
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
-
Perry Ingenuity Contracting Construction Company
-
Woofs Sports Bar Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
494 Plasters Avenue Rab LLC · 8 yrs held
494 Plasters Avenue Rab 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$466,760
Assessed 2023
Previous assessed
$290,840
+60.5% YoY
Assessed land
$316,200
Assessed improvement
$150,560
Land market value
$790,500
Improvement market value
$376,400
Total market value
$1,166,900
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
6,425 SF
Lot
0.46 ac (20,038 SF)
Zoning code
I1
APN
17 005700020103
UPID
US22-1127248
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.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
494 Plasters Avenue Rab LLC
Entity
Mailing address
430 PLASTERS AVE NE, ATLANTA, GA 30324-3912
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
—
494 Plasters Partners LLC
—
Deed
related
$736,603 · Affinity Bank
Mar 12, 2019
—
494 Plasters Partners LLC
—
Deed
related
$1,150,000 · Ameris Bank
Jan 8, 2019
—
494 Plasters Avenue Dlm LLC
—
Deed
related
$450,000 · Synovus Bk
Oct 31, 2017
$388,000
494 Plasters Avenue Rab LLC
494 Plasters Avenue Dlm LLC
Grant Deed
related
$421,817 · Synovus Bk
Dec 29, 2015
—
494 Plasters Avenue LLC
Parks,carole
Quit Claim Deed
related
—
Dec 29, 2015
$695,000
494 Plasters Avenue LLC
Parks,carole
Grant Deed
$450,000 · Bank Of North Ga
Dec 8, 2015
$1,000
Carole C Parks
Carole Parks Catering Assocs I
Quit Claim Deed
related
—
Nov 12, 2014
—
Carole C Parks
—
Trustees Deed
related
$298,000 · Pf Psp/tr (ct)
May 23, 2007
—
John L Parks
Carole Parks Catering Assocs I
Deed
$380,334 · Private Bk/buckhead
May 9, 2007
—
Carole Parks
Carole,parks Catering Asso
Quit Claim Deed
related
—
—
—
494 Plasters Avenue Dlm LLC
—
Loan Modification
related
$450,000 · Synovus Bk
—
—
Carole Parks
—
Deed Of Trust
related
$355,187 · Private Bank
—
—
Carole Parks
—
Deed Of Trust
related
$380,334 · Private Bank
—
—
Carole Parks
—
Deed Of Trust
related
$40,558 · Private Bank
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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