New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Industrial properties
670 Memorial SE Dr Atlanta, GA 30312-2312
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1199267
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
STEEL FRAME
Total area
11,656 SF
Lot
0.47 ac (20,517 SF)
Zoning code
HC20A
APN
14 002000101037
UPID
US22-1199267
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
-
Switchyards Cabbagetown Coworking & Hybrid Office
-
Distilled Strategy Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Major Adjusters - Insurance School & Casualty Insurance Classes Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.94M
Owner & transaction history
701 Owner LLC · 11 yrs held
701 Owner LLC
since 2015
7 recorded transactions
Zoning & alternative use
HC20A · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.2M
+22.1%
Medical building
$3.2M
+22.0%
Auto repair, garage
$3.0M
+13.9%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,600,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,170,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$3,170,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,960,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$2,730,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10%
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
$166 / 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
Assessed value
$720,000
Assessed 2024
Previous assessed
$720,000
+0.0% YoY
Assessed land
$184,960
Assessed improvement
$535,040
Land market value
$462,400
Improvement market value
$1,337,600
Total market value
$1,800,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
11,656 SF
Lot
0.47 ac (20,517 SF)
Zoning code
HC20A
APN
14 002000101037
UPID
US22-1199267
Jurisdiction
FULTON
Zoning & alternative use
HC20A · Atlanta, GA
Zoning HC20A · permitted uses
HC20A · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
1985
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
701 Owner LLC
Entity
Free & Clear · 11 yrs held
Mailing address
4300 PACES FRY RD SE STE #500, ATLANTA, GA 30339-5714
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
—
701 Owner LLC
—
Deed
related
$804,860 · Ameris Bk
Nov 6, 2019
—
Jane Owner LLC
—
Grant Deed
related
$30,600,000 · Ladder Cap Fin
Aug 30, 2016
—
701 Owner LLC
—
Deed Of Trust
related
$2,200,000 · Fidelity Bk
Apr 3, 2015
$1,050,000
701 Owner LLC
Decatur Properties V INC
Grant Deed
—
Apr 3, 2015
—
701 Owner LLC
Decatur Properties V INC
Quit Claim Deed
related
$1,680,000 · Fidelity Bk
Jun 26, 2014
$448,679
Decatur Properties V INC
Elliott,eloshua
Trustees Deed
—
—
—
701 Owner LLC
—
Loan Modification
related
$804,860 · Ameris Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 670 Memorial SE Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
