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Property profile & analytics
OFF-MARKET
Estimated value
$10,745,000
Motels
6096 Barfield Rd Sandy Springs, GA 30328-4409
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-0518207
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Construction
WOOD
Total area
8,176 SF
Lot
5.37 ac (233,917 SF)
Zoning code
OIC
APN
17 0036 LL0755
UPID
US22-0518207
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
$9.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.75M
Owner & transaction history
Waterwalk Sandy Springs LLC · 4 yrs held
Waterwalk Sandy Springs LLC
since 2022
Last sale
$13.9M
7 recorded transactions
Zoning & alternative use
OIC · Sandy Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.5M
+264.3%
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 Sandy Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy Springs 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
$13,540,000
ML approach
$9,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,495,000
Change: +264% · Conversion: Difficult
Blend value · Realmo final
$10.75M
Range $9.67M – $11.82M · ±10% · vs last sale $13.90M (Jun 9 2022)
Last sale anchor
$13.90M
Jun 9 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
$1,314 / 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
$123,297
Tax year 2023
Assessed value
$4,368,200
Assessed 2023
Previous assessed
$4,368,200
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,093,040
Assessed improvement
$2,275,160
Land market value
$5,232,600
Improvement market value
$5,687,900
Total market value
$10,920,500
Applied tax rate
59.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
128
Bathrooms
3
Total area
8,176 SF
Lot
5.37 ac (233,917 SF)
Zoning code
OIC
APN
17 0036 LL0755
UPID
US22-0518207
Jurisdiction
FULTON
Zoning & alternative use
OIC · Sandy Springs, GA
Zoning OIC · permitted uses
OIC · Sandy Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
APARTMENT HOUSE (5+ UNITS)
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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
128
Bathrooms
3
Lot
5.37 ac
Current owner
From public records · entity-resolved
Waterwalk Sandy Springs LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2121 N WEBB RD, WICHITA, KS 67206-3412
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$13,900,000
Waterwalk Sandy Springs LLC
Keel Funds Barfield LLC
Limited Warranty Deed
—
Nov 8, 2017
$12,800,100
Keel Funds Barfield LLC
6096 Barfield Road LLC
Grant Deed
related
$8,500,000 · Excel FCU
Sep 7, 2012
$7,867,500
6096 Barfield Road LLC
Moody Natl Ri Perimeter Holdi
Grant Deed
—
May 27, 2010
$5,000,000
Moody,national Ri Perimeter Ho
Tic Ri Perimeter 1 LLC
Grant Deed
—
Feb 12, 2008
$118,116
Tic Ri Perimeter 27 LLC
Moody,national Ri Perimete
Grant Deed
—
Jan 31, 2008
$750,000
Tic Ri Perimeter 9 LLC
Moody,national Perimeter S
Grant Deed
—
Jan 22, 2008
$15,556,661
Tic Ri Perimeter 10 LLC
Moody,national Ri Perimete
Grant Deed
—
Nov 30, 2007
$17,740,000
Moody Natl Ri Perimeter S LLC
Ashford Atlanta Perimeter
Deed
$10,665,000 · Citigroup Global Markets Rlty
Nov 2, 2007
—
Moody,national Ri Perimeter S
Ashford,atlanta Perimeter
Grant Deed
related
—
May 31, 2007
$17,524,000
Ashford Atlanta Perimeter
Rfs Spe 2 2000 LLC
Grant Deed
related
$315,000,000 · Wachovia Bk/ga
—
—
6096 Barfield Road LLC
—
Deed Of Trust
related
$9,000,000 · Strome Alpha Fund LP
—
—
Moody,national Ri Perimeter Ho
—
Deed Of Trust
related
$15,000 · Citicorp North America
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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