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Property profile & analytics
OFF-MARKET
Estimated value
$2,985,000
Hotels
551 Ponce De Leon NE Ave Atlanta, GA 30308-1805
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1824862
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1935
Total area
55,633 SF
Lot
0.57 ac (24,916 SF)
Zoning code
C2
APN
14 004800120050
UPID
US22-1824862
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
-
SWTCH Charging Station Electric Vehicle Charging Station
-
Wylie Hotel Atlanta, Tapestry Collection by Hilton Hotel & Motel
-
Mrs. P's Bar & Kitchen Restaurant
-
Twelve (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$2.99M
Owner & transaction history
551 Ponce Hotel Owner LLC · 1 yrs held
551 Ponce Hotel Owner LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · Atlanta, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±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
$54 / 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
Assessed value
$9,444,720
Assessed 2023
Previous assessed
$10,847,720
-12.9% YoY
Assessed land
$519,320
Assessed improvement
$8,925,400
Land market value
$1,298,300
Improvement market value
$22,313,500
Total market value
$23,611,800
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1935
Heating
YES
Cooling
YES
Stories
1
Units
111
Total area
55,633 SF
Lot
0.57 ac (24,916 SF)
Zoning code
C2
APN
14 004800120050
UPID
US22-1824862
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1935
Heating
YES
Cooling
Yes
Stories
1
Units
111
Lot
0.57 ac
Current owner
From public records · entity-resolved
551 Ponce Hotel Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
255 ALHAMBRA CIR STE #760, CORAL GABLES, FL 33134-7412
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
—
551 Ponce Hotel Owner LLC
Equitrust Life Insurance Co
Warranty Deed
—
Oct 1, 2021
—
551 Ponce Hotel Owner LLC
—
Deed
related
$26,000,000 · Equitrust Life Insurance
Sep 26, 2019
—
Development Authority Of Fulton C
Wlkr Ponce Owner LLC
Grant Deed
related
$14,416,000 · Iberiabank
Dec 26, 2018
—
Wlkr Ponce Owner LLC
Nazar Holdings 8 LLC
Quit Claim Deed
related
—
Dec 26, 2018
$3,350,000
Wlkr Ponce Owner LLC
Nazar Holdings 8 LLC
Grant Deed
$3,300,000 · Wacker Lake Ponce Lender LLC
Nov 20, 2017
—
Nazar Holdings 8 LLC
Highland Mortgage Group LLC
Quit Claim Deed
related
—
Jul 6, 2016
—
Highland Mtg Grp
Nazar Holdings 14 LLC
Warranty Deed
related
—
Oct 21, 2013
$1,600,000
Nazar Holdings 14 LLC
Porterfield,edwin E JR
Warranty Deed
related
—
Sep 9, 2013
—
Edwin E Porterfield JR.
Porterfield,edith H
Quit Claim Deed
related
—
—
—
Wlkr Ponce Owner LLC
—
Deed Of Trust
related
$14,416,000 · Iberiabank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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