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Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Assisted living facilities
556 Saint Charles NE Ave Atlanta, GA 30308
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1108270
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1969
Construction
WOOD
Total area
19,960 SF
Lot
0.46 ac (19,994 SF)
Zoning code
R5
APN
14 004800081104
UPID
US22-1108270
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
Wm 560 St Charles Avenue LLC · 2 yrs held
Wm 560 St Charles Avenue LLC
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R5 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.7M
+48.6%
Retail stores
$4.5M
+42.4%
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
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$3,145,000
Current use
OFFICE BUILDING
$4,675,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$4,475,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±10% · vs last sale $3.00M (Apr 12 2024)
Last sale anchor
$3.00M
Apr 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
$145 / 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
$1,233,200
Assessed 2023
Previous assessed
$1,233,200
+0.0% YoY
Assessed land
$207,000
Assessed improvement
$1,026,200
Land market value
$517,500
Improvement market value
$2,565,500
Total market value
$3,083,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
90
Total area
19,960 SF
Lot
0.46 ac (19,994 SF)
Zoning code
R5
APN
14 004800081104
UPID
US22-1108270
Jurisdiction
FULTON
Zoning & alternative use
R5 · Atlanta, GA
Zoning R5 · permitted uses
R5 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.5M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
RETAIL STORES
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
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
90
Lot
0.46 ac
Current owner
From public records · entity-resolved
Wm 560 St Charles Avenue LLC
Entity
Mailing address
556 PO BOX 847TH AVE NE, CARLSBAD, CA 92018-0847
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$2,997,700
Wm 560 St Charles Avenue LLC
G&e Hc Reit 2 Westminster Snf LLC
Warranty Deed
$142,000,000 · Dmt Spe 1
Aug 5, 2019
—
G & E Hc Reit II Westminster Snf
—
Grant Deed
related
$1,025,000,000 · Citi R/e Fndg INC
Jan 6, 2015
—
Ga Hc Reit II Johns Creek Ga M
—
Grant Deed
related
$1,878,000,000 · Citigroup Global Markets
Jan 13, 2012
$111,200
G Snf
San Carlos Associates LP
Warranty Deed
—
Mar 31, 2011
$186,000
Chatham Investments LLC
Bootery INC Ps Of Trust
Grant Deed
$87,980 · Bootery INC Ps/trust (ct)
—
—
Chatham Investments LLC
—
Deed Of Trust
related
$81,451 · Southern Bk
—
—
G & E Hc Reit II Westminster S
—
Deed Of Trust
related
$1,878,000,000 · Citigroup Global Markets
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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