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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Office Spaces
5953 Buford NE Hwy Doraville, GA 30340-1375
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2086869
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Total area
2,018 SF
Lot
0.05 ac (2,004 SF)
Zoning code
C2
APN
18 337 09 041
UPID
US22-2086869
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$931k
Blend (final)
Blend
$900k
Owner & transaction history
374 Mount Vernon Highway LLC · 4 yrs held
374 Mount Vernon Highway LLC
since 2022
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
C2 · Doraville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+331.5%
Neighborhood: shopping center
$550,000
+82.3%
Medical building
$550,000
+82.1%
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 Doraville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doraville 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
$875,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,300,000
Change: +332% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$550,000
Change: +82% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Feb 2 2022)
Last sale anchor
$900k
Feb 2 2022
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
$446 / 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
$6,961
Tax year 2024
Assessed value
$152,160
Assessed 2024
Previous assessed
$152,160
+0.0% YoY
Effective rate
4.57%
On assessed value
Assessed land
$1,105
Assessed improvement
$151,055
Land market value
$2,762
Improvement market value
$377,638
Total market value
$380,400
Applied tax rate
44.0000
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
2004
Heating
NONE
Cooling
YES
Stories
1
Total area
2,018 SF
Lot
0.05 ac (2,004 SF)
Zoning code
C2
APN
18 337 09 041
UPID
US22-2086869
Jurisdiction
DE KALB
Zoning & alternative use
C2 · Doraville, GA
Zoning C2 · permitted uses
C2 · Doraville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doraville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
MEDICAL BUILDING
Est. value
$550,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2004
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
374 Mount Vernon Highway LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 80042, ATLANTA, GA 30366-0042
Ownership since
2022
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
Feb 2, 2022
—
374 Mount Vernon Highway LLC
Soren Thomas
Quit Claim Deed
related
—
Aug 24, 2015
$900,000
Soren Thomas
Atlanta Vishal LLC
Grant Deed
$755,000 · Metro Cty Bk
Sep 29, 2011
$400,000
Atlanta Vishal LLC
Flagstar Bk Fsb
Grant Deed
$249,000 · Noa Bank
Sep 29, 2011
$2,477,966
Flagstar Bk Fsb
Seoul Plaza INC
Trustees Deed
related
—
May 5, 2009
$2,477,966
Flagstar Bank
Seoul Plaza INC
Grant 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.
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