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Property profile & analytics
OFF-MARKET
Estimated value
$8,745,000
Garden apartment buildings
582 Roberts Dr Riverdale, GA 30274-2948
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1291198
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
72 SF
Lot
7.21 ac (314,068 SF)
Zoning code
C
APN
13-171A- B-003
UPID
US22-1291198
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
-
Ariel’s Tent Rentals Rental Equipment Company
-
TRT Therapy Clinic Corporate Office
-
Moss Creek Apartment Homes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.53M
Blend (final)
Blend
$8.75M
Owner & transaction history
582 Roberts Drive LLC · 4 yrs held
582 Roberts Drive LLC
since 2021
Last sale
$8.6M
4 recorded transactions
Zoning & alternative use
C · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$9,625,000
ML approach
$10,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.75M
Range $7.87M – $9.62M · ±10% · vs last sale $8.64M (Aug 10 2021)
Last sale anchor
$8.64M
Aug 10 2021
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
$121,458 / 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
$95,189
Tax year 2024
Assessed value
$2,440,000
Assessed 2024
Previous assessed
$2,440,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$187,480
Assessed improvement
$2,252,520
Land market value
$468,700
Improvement market value
$5,631,300
Total market value
$6,100,000
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1972
Heating
NONE
Total area
72 SF
Lot
7.21 ac (314,068 SF)
Zoning code
C
APN
13-171A- B-003
UPID
US22-1291198
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
7.21 ac
Current owner
From public records · entity-resolved
582 Roberts Drive LLC
Entity
Mailing address
124 GRV AVE, CEDARHURST, NY 11516-4000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 25, 2024
—
582 Roberts Drive LLC
—
Deed
related
$9,184,000 · Merchants Bank Of Indiana
Aug 10, 2021
$8,640,000
582 Roberts Drive LLC
Central Park Apartments LLC
Limited Warranty Deed
$7,850,000 · Hgi Commercial Funding I
Aug 27, 2018
$4,600,000
Central Park Apartments LLC
Central Park Apartments LLC
Grant Deed
related
$3,667,000 · Arbor Com'l Fndg I LLC
—
—
Central Park Apartments LLC
—
Deed Of Trust
related
$1,700,000 · Standard Insurance Co
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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