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Property profile & analytics
OFF-MARKET
Estimated value
$3,010,000
Retail space
516 Ponce De Leon NE Ave Atlanta, GA 30308-1806
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1279816
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
14,256 SF
Lot
0.5 ac (21,824 SF)
Zoning code
C2
APN
14 004800080734
UPID
US22-1279816
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
-
Kiddie Academy of Midtown Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.17M
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$3.01M
Owner & transaction history
Rhg Ventures LLC · 3 yrs held
Rhg Ventures LLC
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.0M
+25.3%
Neighborhood: shopping center
$3.9M
+21.3%
Medical building
$3.9M
+21.2%
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 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
$2,885,000
ML approach
$3,165,000
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,555,000
7%
$2,375,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,195,000
Current use
COMMERCIAL (GENERAL)
$4,005,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,880,000
Change: +21% · Conversion: Moderate
MEDICAL BUILDING
$3,875,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,620,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$3,340,000
Change: +4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,180,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.01M
Range $2.71M – $3.31M · ±10% · vs last sale $3.60M (Oct 7 2022)
Last sale anchor
$3.60M
Oct 7 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
$211 / 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
$761,920
Assessed 2023
Previous assessed
$655,400
+16.3% YoY
Assessed land
$449,720
Assessed improvement
$312,200
Land market value
$1,124,300
Improvement market value
$780,500
Total market value
$1,904,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Stories
1
Total area
14,256 SF
Lot
0.5 ac (21,824 SF)
Zoning code
C2
APN
14 004800080734
UPID
US22-1279816
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GA
Zoning C2 · permitted uses
C2 · 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
RETAIL STORES Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1966
Heating
YES
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Rhg Ventures LLC
Entity
Mailing address
2562 WINTER HVN LN, MARIETTA, GA 30062-0102
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
Rhg Ventures LLC
Atlanta Rdpr LLC
Quit Claim Deed
related
$6,300,000 · Live Oak Banking
Oct 4, 2022
$3,600,000
Rhg Ventures LLC
Atlanta Rdpr LLC
Limited Warranty Deed
$6,300,000 · Live Oak Banking
Nov 3, 2020
—
Atlanta Red Dog Pet Res & Spa
—
Deed
related
$1,701,200 · Synovus Bk
Sep 17, 2019
—
Atlanta Red Dog Pet Res & Spa
—
Deed Of Trust
related
$1,701,200 · Synovus Bk
Dec 12, 2016
—
Central Buckhead Property Corp
—
Deed
related
$1,472,600 · Synovus Bank
Mar 13, 2008
—
Central Buckhead Property Corp
Lobel Stahlman & Lobel
Quit Claim Deed
related
$2,000,000 · Metro Cty Bk
Mar 13, 2008
$1,480,000
Central Buckhead Property Corp
Lobel Stahlman & Lobel
Grant Deed
—
Feb 29, 2008
$1,480,000
Central Buckhead Property Corp
Lobel,stahlman Lobel Gp
Grant Deed
—
Feb 29, 2008
—
Central Buckhead Property Corp
Lobel,stahlman Lobel Gp
Grant Deed
related
—
—
—
Atlanta Red Dog Pet Res & Spa
—
Loan Modification
related
$1,701,200 · Synovus Bk
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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