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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Office buildings
545 Mcdonough St Decatur, GA 30030-3310
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0345562
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
WOOD FRAME
Total area
10,800 SF
Lot
0.12 ac (5,401 SF)
Zoning code
X
APN
15 246 03 003
UPID
US22-0345562
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
-
Menne & Associates Structural Engineer
-
Matt Wagner, LPC Counselor
-
Georgia Title Source LLC Title Company
-
Joseph P. McClelland, LLC Law Firm
-
Hasan Claxton Law, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$2.80M
Owner & transaction history
Apple Towns LLC · 2 yrs held
Apple Towns LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
X · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,375,000
7%
$2,205,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,330,000
Current use
AUTO REPAIR, GARAGE
$2,850,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Jan 12 2024)
Last sale anchor
$2.80M
Jan 12 2024
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
$259 / 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
$13,686
Tax year 2024
Assessed value
$1,363,120
Assessed 2024
Previous assessed
$851,600
+60.1% YoY
Effective rate
1.00%
On assessed value
Assessed land
$98,920
Assessed improvement
$1,264,200
Land market value
$247,300
Improvement market value
$3,160,500
Total market value
$3,407,800
Applied tax rate
92.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
10,800 SF
Lot
0.12 ac (5,401 SF)
Zoning code
X
APN
15 246 03 003
UPID
US22-0345562
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GA
Zoning X · permitted uses
X · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Apple Towns LLC
Entity
Mailing address
545 N MCDONOUGH ST STE #101, DECATUR, GA 30030-3310
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
—
Apple Towns LLC
—
Deed
related
$1,328,000 · Small Business Access Partners
Jan 12, 2024
$2,800,000
Apple Towns LLC
Myeon Yi Gang
Warranty Deed
$1,619,000 · First Citizens Bank
Jan 12, 2024
—
Apple Towns LLC
Myeon Yi Gang
Quit Claim Deed
related
—
Jun 3, 2014
$1,990,000
Yi,gang M
Shims Property LLC
Warranty Deed
$1,338,000 · Metro Cty Bk
Nov 10, 2010
$1,550,000
Shims Property LLC
Jane S Nicholson
Warranty Deed
$1,385,000 · Metro Cty Bk
Nov 10, 2010
—
Robert H Stringer
Stringer Building LLC
Quit Claim Deed
—
Sep 12, 2007
—
The Stringer Building LLC
Stringer,marquilla S
Quit Claim Deed
related
—
May 18, 2007
$625,000
Marquilla Stringer
Decatur Square LLC
Grant Deed
—
Oct 28, 2004
—
Decatur Square LLC
Wilbur,dianne N
Quit Claim Deed
related
—
Sep 15, 2004
—
Aurelia Anne M Nelson
Nelson,ernest J JR
Quit Claim Deed
related
—
—
—
Marquilla S Stringer
—
Deed Of Trust
related
$725,000 · 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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