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Property profile & analytics
FOR LEASE
Strip malls
5028 S Atlanta Rd SE Atlanta, GA 30339
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1366137
For Lease
$12.50 SF/Yr
5028 S Atlanta Rd SE, Atlanta, GA 30339
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Total area
17,505 SF
Lot
1.06 ac (46,174 SF)
Zoning code
HI
APN
17096500080
UPID
US22-1366137
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
-
Seamoss Paradise Inc Specialty Food Shop
-
Apex flooring services llc General Contractor Renovation Specialist
-
Southern Motorcars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.38M
Owner & transaction history
Ci Growth 212 LLC · 4 yrs held
Ci Growth 212 LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
HI · 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
$1,380,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.33M (Nov 15 2021)
Last sale anchor
$1.33M
Nov 15 2021
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
$79 / 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
$8,116
Tax year 2024
Assessed value
$269,176
Assessed 2024
Previous assessed
$269,176
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$85,216
Assessed improvement
$183,960
Land market value
$213,040
Improvement market value
$459,900
Total market value
$672,940
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1972
Heating
NONE
Total area
17,505 SF
Lot
1.06 ac (46,174 SF)
Zoning code
HI
APN
17096500080
UPID
US22-1366137
Jurisdiction
COBB
Zoning & alternative use
HI · Atlanta, GA
Zoning HI · permitted uses
HI · 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
1972
Heating
NONE
Lot
1.06 ac
Current owner
From public records · entity-resolved
Ci Growth 212 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1230 ROSECRANS AVE STE #270, MANHATTAN BEACH, CA 90266-2472
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 7, 2021
—
Ci Growth 212 LLC
—
Deed
related
$45,937,600 · Wells Fargo Bank NA
Nov 15, 2021
—
Ci Growth 212 LLC
Caryn Cohen Bernstein
Quit Claim Deed
related
—
Nov 15, 2021
$1,328,200
Ci Growth 212 LLC
Caryn Cohen Bernstein
Limited Warranty Deed
—
May 31, 2018
—
Deduction,manta Trust
Sidney H Newburger
Grant Deed
related
—
May 22, 2018
—
Andes,jerry M Living Trust
Andes,jerry M
Quit Claim Deed
related
—
Jan 27, 2016
—
Andes,david Living Trust
Andes,david M
Quit Claim Deed
related
—
Jan 16, 2008
—
Oran E Etal Cohen
Constr Steel Lllp
Grant Deed
—
Oct 15, 2007
—
Construction Steel Lllp
Bernstein,caryn C
Quit Claim Deed
related
—
Oct 9, 2007
—
Caryn C Bernstein
Bernstein,caryn C
Quit Claim Deed
related
—
Oct 8, 2007
—
Steel Lllp Construction
Bernstein,caryn Cohen
Grant Deed
related
—
Oct 5, 2007
—
Oran E Cohen
Construction Steel LLC
Grant Deed
related
—
Oct 1, 2007
—
Caryn Cohne Bernstein
Bernstein,caryn Cohen
Quit Claim Deed
related
—
Sep 28, 2007
—
Oran Eric Cohen
Construction,stell Lllp
Grant Deed
related
—
Aug 22, 2005
$74,301
Cohen,wilbert M Trust
Owner Name Unavailable
Grant Deed
related
—
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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