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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Medical Office Space
699 Piedmont NE Ave Atlanta, GA 30308-1414
Individually Owned
7-yr Hold
Free & Clear
Property ID
US22-0583936
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
WOOD
Total area
12,916 SF
Lot
0.27 ac (11,674 SF)
Zoning code
RG3
APN
14 004900100093
UPID
US22-0583936
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
-
Dr. Merinda Herron Physician
-
Jones & Walden LLC Law Firm Financial Advisor
-
Herron Pediatrics Pediatrician Medical Clinic
-
Sages Networks (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.98M
Owner & transaction history
Rossi Dev · 7 yrs held
Rossi Dev
since 2019
7 recorded transactions
Zoning & alternative use
RG3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,850,000
6.5%
$2,630,000
7%
$2,445,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,280,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$3,025,000
Change: -14% · Conversion: Easy
RETAIL STORES
$2,895,000
Change: -18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,880,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±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
$153 / 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
$36,430
Tax year 2023
Assessed value
$879,960
Assessed 2023
Previous assessed
$879,960
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$271,080
Assessed improvement
$608,880
Land market value
$677,700
Improvement market value
$1,522,200
Total market value
$2,199,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
12,916 SF
Lot
0.27 ac (11,674 SF)
Zoning code
RG3
APN
14 004900100093
UPID
US22-0583936
Jurisdiction
FULTON
Zoning & alternative use
RG3 · Atlanta, GA
Zoning RG3 · permitted uses
RG3 · 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
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Rossi Dev
Individual
Free & Clear · 7 yrs held
Mailing address
699 PIEDMONT AVE NE, ATLANTA, GA 30308-1414
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2019
—
Rossi Dev
Rossi,toni
Correction Deed
related
—
Jan 17, 2019
—
21 Sth Street Properties LLC
Rossi Dev Co
Correction Deed
related
—
Nov 30, 2018
—
21 8th Street Properties LLC
Rossi Dev Co
Quit Claim Deed
related
—
Nov 30, 2018
$2,526,000
21 8th Street Properties LLC
Rossi Dev Co
Grant Deed
$600,000 · First Landmark Bk
Jul 6, 2018
—
Rossi Dev
—
Deed
related
$113,295 · Wells Fargo Bk
Apr 26, 2006
—
Rossi Dev Co
Rossi,toni
Quit Claim Deed
—
Apr 17, 2006
—
The Rossi Development Co
Rossi,toni
Quit Claim Deed
related
—
Apr 14, 2006
—
Rossi,toni
Rossi Dev Co
Quit Claim Deed
$417,825 · Ironstone Bk/ga
—
—
Rossi Dev
—
Loan Modification
related
$113,295 · Wells Fargo 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
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