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Property profile & analytics
OFF-MARKET
Estimated value
$23,515,000
Commercial real estate
72 Marietta NW St, Atlanta, GA 30303-2804
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1079942
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
175,121 SF
Lot
4.19 ac (182,734 SF)
Zoning code
SPI1
APN
14 007800110518
UPID
US22-1079942
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
-
2 City Plaza Business Service Center Corporate Office
-
Gallery 72 Art Gallery
-
City of Atlanta Department of Watershed Management Water Utility Company
-
TE Offices Corporate Office
-
nancy creek tunnel Water Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$32.74M
Comparable Approach
Comparable
$25.17M
Blend (final)
Blend
$23.52M
Owner & transaction history
Cim Spring St Atlanta Owner LLC · 4 yrs held
Cim Spring St Atlanta Owner LLC
since 2021
Last sale
$22.7M
3 recorded transactions
Zoning & alternative use
SPI1 · 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
$23,560,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,460,000
6.5%
$32,735,000
7%
$30,395,000
Blend value · Realmo final
$23.52M
Range $21.16M – $25.87M · ±10% · vs last sale $22.66M (Nov 19 2021)
Last sale anchor
$22.66M
Nov 19 2021
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
$134 / 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
$14,216,760
Assessed 2023
Previous assessed
$14,216,760
+0.0% YoY
Assessed land
$7,266,800
Assessed improvement
$6,949,960
Land market value
$18,167,000
Improvement market value
$17,374,900
Total market value
$35,541,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1972
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
175,121 SF
Lot
4.19 ac (182,734 SF)
Zoning code
SPI1
APN
14 007800110518
UPID
US22-1079942
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GA
Zoning SPI1 · permitted uses
SPI1 · 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.
Building & site characteristics
From public records
Year built
1972
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
4.19 ac
Current owner
From public records · entity-resolved
Cim Spring St Atlanta Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
540 MADISON AVE, NEW YORK, NY 10022-3213
Ownership since
2021
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
Nov 19, 2021
—
Cim Spring St Atlanta Owner LLC
City Of Atlanta
Warranty Deed
—
Nov 19, 2021
$22,658,800
Spring Street Atlanta LLC
Cim Spring St Atlanta Owner LLC
Quit Claim Deed
related
—
Nov 30, 2018
—
30 Spring St Fe Owner LLC
State Of Ga
Quit Claim Deed
related
—
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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