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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Garden apartment buildings
5404 Carol SW Cir Mableton, GA 30126-2261
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1273451
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Total area
3,950 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RM-12
APN
17003500460
UPID
US22-1273451
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
$1.07M
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.03M
Owner & transaction history
Oluwatoyin Adeola Olatunde · 2 yrs held
Oluwatoyin Adeola Olatunde
since 2023
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
RM-12 · Mableton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.5M
+75.6%
Medical building
$970,000
+14.9%
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 Mableton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mableton 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
$965,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$845,000
Current use
WAREHOUSE, STORAGE
$1,480,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: +15% · Conversion: Moderate
RETAIL STORES
$820,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.04M (Oct 23 2023)
Last sale anchor
$1.04M
Oct 23 2023
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
$261 / 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
$6,736
Tax year 2024
Assessed value
$223,400
Assessed 2024
Previous assessed
$223,160
+0.1% YoY
Effective rate
3.02%
On assessed value
Assessed land
$15,680
Assessed improvement
$207,720
Land market value
$39,200
Improvement market value
$519,300
Total market value
$558,500
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
NONE
Units
6
Total area
3,950 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RM-12
APN
17003500460
UPID
US22-1273451
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Mableton, GA
Zoning RM-12 · permitted uses
RM-12 · Mableton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mableton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$785,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
NONE
Units
6
Lot
0.45 ac
Current owner
From public records · entity-resolved
Oluwatoyin Adeola Olatunde
Individual
Mailing address
1354 EWING CHAPEL RD, DACULA, GA 30019-2416
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
$1,039,500
Oluwatoyin Adeola Olatunde
Luxury Realty Property LLC
Limited Warranty Deed
$727,650 · Clearedge Lending LLC
May 26, 2022
—
Luxury Realty Property LLC
Evgheni Dragni
Quit Claim Deed
related
—
Mar 18, 2009
—
Elene B Martin
Martin,wade
Quit Claim Deed
—
Feb 24, 2009
—
Elene Bunch Martin
Martin,thomas Wade
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.
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