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Property profile & analytics
OFF-MARKET
Estimated value
$7,920,000
Office buildings
5096 Panola Industrial Blvd Decatur, GA 30035-4007
Entity Owned
13-yr Hold
Free & Clear
Property ID
US22-1508230
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
WOOD FRAME
Total area
35,712 SF
Lot
10.3 ac (448,668 SF)
Zoning code
M
APN
16 024 02 002
UPID
US22-1508230
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
-
The Academy of Scholars - Atlanta Christian School Religious School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.85M
Comparable Approach
Comparable
$10.71M
Blend (final)
Blend
$7.92M
Owner & transaction history
Jtk Investments LLC · 13 yrs held
Jtk Investments LLC
since 2013
2 recorded transactions
Zoning & alternative use
M · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.4M
+4.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,500,000
6.5%
$7,850,000
7%
$7,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,050,000
Current use
AUTO REPAIR, GARAGE
$9,430,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,670,000
Change: -4% · Conversion: Easy
RETAIL STORES
$8,320,000
Change: -8% · Conversion: Moderate
MEDICAL BUILDING
$8,275,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$7.92M
Range $7.13M – $8.71M · ±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
$222 / 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
$37,599
Tax year 2024
Assessed value
$1,988,360
Assessed 2024
Previous assessed
$748,120
+165.8% YoY
Effective rate
1.89%
On assessed value
Assessed land
$269,200
Assessed improvement
$1,719,160
Land market value
$673,000
Improvement market value
$4,297,900
Total market value
$4,970,900
Applied tax rate
80.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
35,712 SF
Lot
10.3 ac (448,668 SF)
Zoning code
M
APN
16 024 02 002
UPID
US22-1508230
Jurisdiction
DE KALB
Zoning & alternative use
M · Decatur, GA
Zoning M · permitted uses
M · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.7M
RETAIL STORES
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$8.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
10.3 ac
Current owner
From public records · entity-resolved
Jtk Investments LLC
Entity
Free & Clear · 13 yrs held
Mailing address
5096 PANOLA INDUSTRIAL BLVD, DECATUR, GA 30035-4007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2013
$900,000
Jtk Investments LLC
Harland Clarke Corp
Grant Deed
—
Apr 4, 2013
—
Jtk Invs LLC
Harland Clarke Corp
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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