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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Bars & Pubs
602 Highland NE Ave Atlanta, GA 30307-1433
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1206139
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1930
Construction
WOOD
Total area
9,938 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C1
APN
14 001500020218
UPID
US22-1206139
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Elemental Spirits Co. (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM Atm
-
Meet up dinner Restaurant
-
Manuel's Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Norma I H Suarez · 5 yrs held
Norma I H Suarez
since 2020
5 recorded transactions
Zoning & alternative use
C1 · 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
$96 / 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
Tax billed
$52,672
Tax year 2023
Assessed value
$1,272,280
Assessed 2023
Previous assessed
$1,272,280
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$365,600
Assessed improvement
$906,680
Land market value
$914,000
Improvement market value
$2,266,700
Total market value
$3,180,700
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
9,938 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C1
APN
14 001500020218
UPID
US22-1206139
Jurisdiction
FULTON
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · 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
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Norma I H Suarez
Individual
Free & Clear · 5 yrs held
Mailing address
1100 SPG ST NW STE #550, ATLANTA, GA 30309-2857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Nov 16, 2020
$770,000
Norma I H Suarez
550 North Highland LLC
Correction Deed
—
Oct 20, 2020
—
Norma I H Suarez
550 North Highland LLC
Grant Deed
related
—
Sep 29, 2020
$835,000
Joshua Hix
550 North Highland LLC
Grant Deed
$626,250 · Silicon Vly Bk
Mar 3, 2016
—
Sei N Highland LLC
Mp Highland LLC
Quit Claim Deed
related
—
Mar 3, 2016
$3,140,000
Sei N Highland LLC
Mp Highland LLC
Grant Deed
—
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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