Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5239 Riverdale Rd Atlanta, GA 30349

    • Garden apartment buildings
    • 699 SF
    • 44.34 lot acres
    OFF-MARKET
    Last Sale
    Dec 30, 2020
    $49,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0569583
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 5239 Riverdale Rd

    Year built
    1970
    Lot size
    44.34 lot acres
    Property size
    699 SF
    Zone code
    RM
    Property type
    Garden apartment buildings
    APN
    13-072C- F-004
    APU
    13072CF004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4394
    Latitude
    33.6119
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $858,264
    $1,152,880
    $20,847,120
    $22,000,000
    -
    $2,882,200
    $52,117,800
    $55,000,000

    Comparable in this City

    • Value Estimation by Request
      1,999 SF

      2200 Godby Rd

      GARDEN APT, COURT APT (5+ UNITS) • 1,999 SF
      2200 Godby Rd, South Fulton, GA 30349-5008
      View Details
    • Value Estimation
      $460,000
      212 SF

      1507 Pne Dr

      GARDEN APT, COURT APT (5+ UNITS) • 212 SF
      1507 Pne Dr, Atlanta, GA 30349-6169
      View Details
    • Value Estimation by Request
      168 SF

      852 Gdn Walk Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 168 SF
      852 Gdn Walk Blvd, Atlanta, GA 30349-8520
      View Details
    • Value Estimation
      $280,000
      144 SF

      6095 Lees Ml Rd

      GARDEN APT, COURT APT (5+ UNITS) • 144 SF
      6095 Lees Ml Rd, Atlanta, GA 30349-6433
      View Details
    • Value Estimation by Request
      141 SF

      5470 Riverdale Rd

      GARDEN APT, COURT APT (5+ UNITS) • 141 SF
      5470 Riverdale Rd, Atlanta, GA 30349-6241
      View Details
    • Value Estimation
      $555,000
      370 SF

      1110 Gdn Walk Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 370 SF
      1110 Gdn Walk Blvd, Atlanta, GA 30349-6246
      View Details

    Similar Nearby for Sale

    • $176,000

      Spacious Condo Near Atlanta Airport

      Four-bedroom, two-bathroom condo with garage near Atlanta airport.
      1006 Pine Tree Trl, Atlanta, GA 30349
      View Details
    • $45,000
      1,167 SF

      Renovation Opportunity: 4-Bedroom Condo

      4-bedroom, 2-bath condo requiring complete renovation, priced below market.
      1314 Camelot Dr, Atlanta, GA 30349
      View Details
    • $75,000
      0.03 Acres

      Spacious Condo: Investment Opportunity

      Tenant-occupied condo near airport with income potential.
      1305 Camelot Dr, Atlanta, GA 30349
      View Details
    • $550,000
      3.41 Acres

      Renovated Atlanta Retreat on Acres

      Private Atlanta home with modern comfort on over three acres.
      5925 Old Bill Cook Rd, Atlanta, GA 30349
      View Details
    • $45,000
      1,282 SF

      Renovation Opportunity: 3-Bedroom Condo

      3-bedroom, 2-bath condo requiring complete renovation, priced below market.
      615 Camelot Dr, Atlanta, GA 30349
      View Details
    • $325,000
      2.92 Acres

      Mini-Farm Opportunity Near Airport

      Three-acre property with multi-family potential near Hartsfield-Jackson Airport.
      6250 Feldwood Rd, Atlanta, GA 30349
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,900 SF

      Atlanta Executive Office Suite

      Prime Atlanta Office Space, 2900 sq ft
      1580 Phoenix Blvd, Atlanta, GA 30349
      View Details
    • $7 SF/Yr
      725,000 SF

      Fulton Parkway Warehouse Space

      253,300 SF warehouse space with ample parking available for lease.
      4300 South Fulton Pkwy, Atlanta, GA 30349
      View Details
    • Contact for pricing
      8,656 SF

      Atlanta Warehouse Near Airport

      Warehouse with immediate access to major transportation routes and airport.
      470 Plaza Dr, Atlanta, GA 30349
      View Details
    • Contact for pricing
      2,478 SF

      Industrial Space Near Airport

      Warehouse space with grade-level loading near Hartsfield-Jackson Airport.
      4787 Clark Howell Hwy, Atlanta, GA 30349
      View Details
    • Contact for pricing
      35 SF

      Industrial Space Available for Lease

      Industrial spaces available for lease, ranging from 2,392 to 8,800 SF.
      5020-5072 Clark Howell Hwy, Atlanta, GA 30349
      View Details
    • Contact for pricing
      7,000 SF

      Warehouse with Gravel Storage Yard

      Warehouse with gravel storage yard available Summer 2023.
      3900 Naturally Fresh Blvd, Atlanta, GA 30349
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5239 Riverdale Rd
    Atlanta, GA 30349
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.