6289 Bells Fry Rd Acworth, GA 30102-1419
Entity Owned
2-yr Hold
Free & Clear
Estimated value (blended)
$97.97M
Range $88.17M – $107.76M (±10%)
Implied cap rate
3.60%
In-place · NOI ÷ last sale
Property ID
US22-0481810
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2022
Construction
WOOD
Total area
261,690 SF
Lot
14.83 ac (645,995 SF)
Zoning code
R-40
APN
15N06F 036
UPID
US22-0481810
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$97.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$97.97M
Owner & transaction history
since 2024
Last sale
$98.0M
6 recorded transactions
Zoning & alternative use
R-40 · Acworth, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$97.97M
Value range
$88.17M – $107.76M
±10% around blend
Estimated value / SF
$374 / SF
Confidence
Property data
88
Comparable evidence
60
$88.17M
blend $97.97M
$107.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
261,690 SF
Lot area
14.83 ac
Year built
2022
Stories
1
APN
15N06F 036
Assessed value
$7,036,880
Annual tax
$184,950
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$97.97M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
3.60%
Implied, in-place cap rate for this garden apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.60%
9.0%
NOI (est.)
$6.86M *
Last sale · Jan 2024
$97.96M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$190.48M
Move the market yield to see immediate price impact.
Value / SF
$728
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.10%3.60%4.10%
$6.17M
$199.09M
$171.44M
$150.53M
$6.86M
$221.21M
$190.48M
$167.25M
$7.54M
$243.33M
$209.53M
$183.98M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$184,950
Tax year 2023
Assessed value
$7,036,880
Assessed 2023
Previous assessed
$7,036,880
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$2,076,200
Assessed improvement
$4,960,680
Land market value
$5,190,500
Improvement market value
$12,401,700
Total market value
$17,592,200
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2022
Construction
WOOD
Heating
NONE
Buildings
7
Stories
1
Bathrooms
2
Total area
261,690 SF
Lot
14.83 ac (645,995 SF)
Zoning code
R-40
APN
15N06F 036
UPID
US22-0481810
Jurisdiction
CHEROKEE
Zoning & alternative use
R-40 · Acworth, GAZoning R-40 · permitted uses
R-40 · Acworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
NONE
Stories
1
Buildings
7
Bathrooms
2
Lot
14.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-40
Jurisdiction
Acworth, GA
Recorded code
R-40
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-40 in Acworth, GA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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