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Property profile & analytics
OFF-MARKET
Estimated value
$79,235,000
Office buildings
55 Ivan Allen Jr NW Blvd Atlanta, GA 30308-3050
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1092762
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
2007
Total area
362,502 SF
Zoning code
SPI1
APN
14 007900110632
UPID
US22-1092762
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
-
Lasandra Milner Motto Mortgage Fintrus Loan Service Bank
-
Motto Mortgage Fintrus Loan Service Bank
-
Pond & Company Engineering Consultant
-
IBOX Global IT Consulting Firm Tech Support Center
-
Demarcus Ross Motto Mortgage Fintrus Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$79.66M
Comparable Approach
Comparable
$78.25M
Blend (final)
Blend
$79.24M
Owner & transaction history
Phoenicia Real Estate Holdings 11 L · 1 yrs held
Phoenicia Real Estate Holdings 11 L
since 2025
5 recorded transactions
Zoning & alternative use
SPI1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$101.9M
+20.1%
Neighborhood: shopping center
$98.7M
+16.3%
Medical building
$98.6M
+16.1%
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$79,800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$86,300,000
6.5%
$79,660,000
7%
$73,970,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$84,870,000
Current use
COMMERCIAL (GENERAL)
$101,890,000
Change: +20% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$98,660,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$98,555,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$92,050,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$81,305,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$80,815,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$79.24M
Range $71.31M – $87.16M · ±10%
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
$219 / 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
$1,272,752
Tax year 2023
Assessed value
$27,430,000
Assessed 2023
Previous assessed
$27,430,000
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed improvement
$27,430,000
Improvement market value
$68,575,000
Total market value
$68,575,000
Applied tax rate
5.0000
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
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
362,502 SF
Zoning code
SPI1
APN
14 007900110632
UPID
US22-1092762
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GA
Zoning SPI1 · permitted uses
SPI1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$84.9M
COMMERCIAL (GENERAL)
Est. value
$101.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$98.7M
MEDICAL BUILDING
Est. value
$98.6M
AUTO REPAIR, GARAGE
Est. value
$92.1M
RETAIL STORES
Est. value
$81.3M
INDUSTRIAL (GENERAL)
Est. value
$80.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2007
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Phoenicia Real Estate Holdings 11 L
Entity
Mailing address
2711 N HASKELL AVE STE #1700, DALLAS, TX 75204-2922
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Phoenicia Real Estate Holdings 11 L
55 Allen LLC
Warranty Deed
—
Mar 13, 2025
$57,843,808
Phoenica Real Estate Holdings 11 Ll
55 Allen LLC
Warranty Deed
—
Aug 3, 2018
—
Weatherby Th LLC
—
Trustees Deed
related
$3,626,900 · Piedmont Bk
May 3, 2018
—
Trust 55 Allen Plaza LLC
Development Authority Of Fulto
Warranty Deed
related
—
Apr 5, 2011
$57,000,000
Tr 55 Allen Plaza LLC
55 Allen Plaza Associates LLC
Trustees 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.
Try Rey
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