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Property profile & analytics
OFF-MARKET
Estimated value
$2,385,000
Assisted living facilities
5399 Northland Dr Sandy Springs, GA 30342-2009
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1017244
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1963
Construction
WOOD
Total area
4,828 SF
Lot
1.92 ac (83,548 SF)
Zoning code
R2
APN
17 006800030497
UPID
US22-1017244
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.39M
Owner & transaction history
5399 Northland LLC · 4 yrs held
5399 Northland LLC
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
R2 · Sandy Springs, 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 Sandy Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy Springs 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
$2,340,000
ML approach
$2,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.39M
Range $2.15M – $2.62M · ±10% · vs last sale $2.40M (Jun 24 2022)
Last sale anchor
$2.40M
Jun 24 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
$494 / 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
Tax billed
$27,097
Tax year 2023
Assessed value
$960,000
Assessed 2023
Previous assessed
$1,805,960
-46.8% YoY
Effective rate
2.82%
On assessed value
Assessed land
$500,000
Assessed improvement
$460,000
Land market value
$1,250,000
Improvement market value
$1,150,000
Total market value
$2,400,000
Applied tax rate
59.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
50
Total area
4,828 SF
Lot
1.92 ac (83,548 SF)
Zoning code
R2
APN
17 006800030497
UPID
US22-1017244
Jurisdiction
FULTON
Zoning & alternative use
R2 · Sandy Springs, GAZoning R2 · permitted uses
R2 · Sandy Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
50
Lot
1.92 ac
Current owner
From public records · entity-resolved
5399 Northland LLC
Entity
Mailing address
5280 HIGH PT RD, ATLANTA, GA 30342-2016
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
$2,400,000
5399 Northland LLC
Hp Northland LLC
Warranty Deed
—
Mar 10, 2017
—
Hp Northland LLC
—
Trustees Deed
related
$300,000 · State Bk&tr
Feb 19, 2013
—
Hp Northland LLC
Northland Partners LLC
Quit Claim Deed
related
$3,000,000 · State Bk&tr
Feb 19, 2013
$4,500,000
Hp Northland LLC
Northland Partners LLC
Grant Deed
related
—
Jul 27, 2006
$1,500,000
Northland Partners LLC
Cnl,retirement Eden2 B Pac
Grant Deed
$1,775,000 · Bank Of Ok
—
—
Christopher F Brogdon
—
Deed Of Trust
related
$200,000 · Fidelity Bank NA
—
—
Christopher F Brogdon
—
Deed Of Trust
related
$150,000 · Fidelity Bank NA
—
—
Christopher F Brogdon
—
Deed Of Trust
related
$250,000 · Fidelity Bank NA
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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