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Property profile & analytics
OFF-MARKET
Estimated value
$18,890,000
Garden apartment buildings
501 Roberts Dr Riverdale, GA 30274-3050
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1008033
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
196 SF
Lot
19.9 ac (866,844 SF)
Zoning code
C
APN
13-171A- A-002
UPID
US22-1008033
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
-
Emerald Pointe Apartments Apartment Complex Apartment Building
-
The Snack Shack Restaurant
-
SeaMossya, LLC Physician
-
MandC Mobile Tires Auto Repair Shop
-
Mandc Mobile tyres (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.79M
Blend (final)
Blend
$18.89M
Owner & transaction history
PC Emerald Pointe LLC · 4 yrs held
PC Emerald Pointe LLC
since 2022
Last sale
$25.8M
4 recorded transactions
Zoning & alternative use
C · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$17,785,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.89M
Range $17.00M – $20.78M · ±10% · vs last sale $25.80M (Mar 12 2022)
Last sale anchor
$25.80M
Mar 12 2022
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
$96,378 / 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
$402,604
Tax year 2024
Assessed value
$875,600
Assessed 2024
Previous assessed
$10,320,000
-91.5% YoY
Effective rate
45.98%
On assessed value
Assessed land
$875,600
Assessed improvement
$23,563,366
Land market value
$2,189,000
Improvement market value
$58,908,414
Total market value
$61,097,414
Applied tax rate
6.0000
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
1972
Heating
NONE
Total area
196 SF
Lot
19.9 ac (866,844 SF)
Zoning code
C
APN
13-171A- A-002
UPID
US22-1008033
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
19.9 ac
Current owner
From public records · entity-resolved
PC Emerald Pointe LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4956 N 300TH W STE #300, PROVO, UT 84604-5842
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2022
$25,800,000
PC Emerald Pointe LLC
Wrens Crossing LLC
Limited Warranty Deed
—
Feb 28, 2018
—
Wrens Crossing LLC
—
Deed
related
$7,000,000 · Walker & Dunlop
Jul 26, 2005
$4,800,100
Wrens Crossing LLC
Wells Fargo Bank NA
Grant Deed
$6,030,000 · Compass Fed'l S&l
—
—
Wrens Crossing LLC
—
Deed Of Trust
related
$7,000,000 · Walker & Dunlop
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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