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Property profile & analytics
OFF-MARKET
Office Spaces
587 Virginia NE Ave Atlanta, GA 30306-3695
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0216993
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Total area
1,600 SF
Lot
0.04 ac (1,568 SF)
Zoning code
R4
APN
17 005300160564
UPID
US22-0216993
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
-
Dr. Tiffany Jamison Dental Office
-
Kindspine Chiropractic Center Alternative Medicine Practice
-
Polish Dental Center of Midtown Dental Office
-
Dr. Sha-Vashtiy Young-Ufeli Dental Office
-
Jason Hobbs Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tricky Bizness Management LLC · 2 yrs held
Tricky Bizness Management LLC
since 2023
7 recorded transactions
Zoning & alternative use
R4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$169,600
Assessed 2023
Previous assessed
$169,600
+0.0% YoY
Assessed land
$146,880
Assessed improvement
$22,720
Land market value
$367,200
Improvement market value
$56,800
Total market value
$424,000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1988
Heating
YES
Cooling
YES
Stories
1
Total area
1,600 SF
Lot
0.04 ac (1,568 SF)
Zoning code
R4
APN
17 005300160564
UPID
US22-0216993
Jurisdiction
FULTON
Zoning & alternative use
R4 · Atlanta, GA
Zoning R4 · permitted uses
R4 · 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
1988
Heating
YES
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Tricky Bizness Management LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1216 ARBORVISTA DR NE, ATLANTA, GA 30329-3824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 13, 2024
—
Cut Atlanta Salon LLC
—
Deed
related
$547,000 · Georgia Certified Development
Dec 18, 2023
$1,287,500
Tricky Bizness Management LLC
North C Properties LLC
Warranty Deed
—
May 23, 2023
—
Cut Atlanta Salon LLC
—
Deed
related
$529,600 · Colony Bank
Dec 15, 2021
$870,000
Cut Atlanta Salon LLC
Tim S Schrager
Warranty Deed
$900,453 · Access To Capital For Entrepreneurs
Feb 26, 2018
$915,000
North C Properties LLC
Thurn & Lindbergh LLC
Grant Deed
$315,000 · Bank Of America
Jan 3, 2006
$340,000
Gibby,scott B
Concrete Ideas LLC
Grant Deed
$272,000 · Homebanc Mtg
May 9, 2005
$499,000
Petrillo,gregory & Linda
Socolow,joshua A
Warranty Deed
$250,000 · Sunshine Mtg
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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