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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office buildings
6406 Hwy 85, Riverdale, GA 30274-2042
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1651424
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Total area
4,800 SF
Lot
0.64 ac (27,748 SF)
Zoning code
C
APN
13-138B- D-007
UPID
US22-1651424
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
$730k
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$760k
Owner & transaction history
Santos H Alcantra · 5 yrs held
Santos H Alcantra
since 2020
Last sale
$569,000
3 recorded transactions
Zoning & alternative use
C · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$680,000
+16.0%
Warehouse, storage
$665,000
+13.9%
Medical building
$615,000
+4.9%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$720,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
$1,145,000
6.5%
$1,055,000
7%
$980,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$585,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$665,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$615,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$595,000
Change: +2% · Conversion: Easy
RETAIL STORES
$520,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $569k (Nov 2 2020)
Last sale anchor
$569k
Nov 2 2020
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
$158 / 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
$11,003
Tax year 2024
Assessed value
$282,040
Assessed 2024
Previous assessed
$286,560
-1.6% YoY
Effective rate
3.90%
On assessed value
Assessed land
$33,280
Assessed improvement
$248,760
Land market value
$83,200
Improvement market value
$621,900
Total market value
$705,100
Applied tax rate
6.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1977
Heating
NONE
Total area
4,800 SF
Lot
0.64 ac (27,748 SF)
Zoning code
C
APN
13-138B- D-007
UPID
US22-1651424
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$665,000
MEDICAL BUILDING
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$595,000
RETAIL STORES
Est. value
$520,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1977
Heating
NONE
Lot
0.64 ac
Current owner
From public records · entity-resolved
Santos H Alcantra
Individual
Mailing address
2739 DRESDEN TRL, EAST POINT, GA 30344-5854
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Sh & Ac Properties LLC
—
Deed
related
$800,000 · Junker Caesar
Nov 2, 2020
$569,000
Santos H Alcantra
Rahul Ents INC
Grant Deed
$150,000 · Aspen LLC
—
—
Rahul,enterprises INC
—
Deed Of Trust
related
$700,000 · Bank Of North Georgia
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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