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    Property profile & analytics

    535 Milam SW Ave Atlanta, GA 30315-6211

    • Flex space
    • 4,000 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Last Sale
    Feb 05, 2021
    $571,000
    Location Intelligence
    Property ID
    US22-0216167
    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

    • 535.studio / Event Venue / Fabrication Engineer
    • Exotica Atlanta / Auto Repair Shop
    • Hyper_focus_photography / Photography Service
    • Gator Generators / Corporate Office
    • East Point Equipment Co Inc / Roofing Supply Store

    Property Details for 535 Milam SW Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.63 lot acres
    Property size
    4,000 SF
    Zone code
    C2
    Property type
    Flex space
    APN
    14 009100020652
    APU
    14009100020652

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $655,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $650,000
      Mixed-Use
      $640,000
      Hospitality
      $505,000
      Educational
      $485,000
      Residential Income
      $605,000
      Energy
      $510,000
      Income-Based Land
      $665,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.406
    Latitude
    33.6943
    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
    2023
    $4,163
    $39,280
    $49,720
    $89,000
    -
    $98,200
    $124,300
    $222,500

    Comparable in this City

    • Value Estimation by Request
      16,407 SF

      199 Turman Ave

      Flex space • 16,407 SF
      199 Turman Ave, Atlanta, GA 30315
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    • Value Estimation
      $440,000
      12,571 SF

      1174 Mcdonald SE Dr

      LIGHT INDUSTRIAL • 12,571 SF
      1174 Mcdonald SE Dr, Atlanta, GA 30315-2410
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    • Value Estimation
      $330,000
      3,006 SF

      787 Windsor SW St

      LIGHT INDUSTRIAL • 3,006 SF
      787 Windsor SW St, Atlanta, GA 30315-1034
      View Details
    • Value Estimation by Request
      100,000 SF

      2705 Moreland SE Ave

      TRUCK TERMINAL (MOTOR FREIGHT) • 100,000 SF
      2705 Moreland SE Ave, Atlanta, GA 30315
      View Details
    • Value Estimation by Request
      14.12 Acres

      1035 Fortress SW Ave

      HEAVY MANUFACTURING • 14.12 Acres
      1035 Fortress SW Ave, Atlanta, GA 30315-2110
      View Details
    • Value Estimation by Request
      9,204 SF

      2701 Moreland SE Ave

      TRUCK TERMINAL (MOTOR FREIGHT) • 9,204 SF
      2701 Moreland SE Ave, Atlanta, GA 30315-5710
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $10 SF/Yr
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    • $1,850 /Mo
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      3 acre land parcel suitable for agricultural or mixed-use ventures.
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    • $14 SF/Yr
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      High-traffic Atlanta retail space available.
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    Atlanta, GA 30315-6211
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    Realmo Value Estimation

    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.

    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.

    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
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