Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7410 Oakley Rd Union City, GA 30291-2366
    Back to Search
    Property profile & analytics

    7410 Oakley Rd, Union City, GA 30291-2366

    View on Map
    • Motels
    • 21,342 SF
    • 2.09 lot acres
    Off-Market
    Last Sale Oct 20, 2020
    $2,149,400
    Property ID
    US22-0209017
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,100,000
    Show details
    Cap Rate Potential
    4.2%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Econo Lodge Union City - Atlanta South / Hotel & Motel

    Property Details for 7410 Oakley Rd

    Year built
    1989
    Lot size
    2.09 lot acres
    Zone code
    GC
    Property type
    Motels
    APN
    09F120200570241
    APU
    09F120200570241

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 20, 2020 $2,222,222 Shri Krishna Hospitality LLC Priority First Investment Corp Grant Deed $1.7M · Priority First Investment Corp
    Oct 20, 2020 — Priority First Investment Corp Hansa Patel Correction Deed · related —
    Apr 24, 2006 — Priority First Investment Corp Patel,hansa Grant Deed · related —
    Sep 29, 2004 — Patel,hansa H Patel,hargovind M Quit Claim Deed · related $113k · Hotel-motel Management Corp
    — — Patel,hansa H — Deed Of Trust · related $18k · Cherry Bekaert & Holland LLP

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,990,000
      ML approach
      $2,110,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,395,000
      6.5%
      $1,285,000
      7%
      $1,195,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5326
    Latitude
    33.5659
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,229
    $163,680
    $1,013,560
    $1,177,240
    -
    $409,200
    $2,533,900
    $2,943,100

    Comparable in this City

    • Value Estimation
      $2,450,000
      22,625 SF

      6701 Shannon Pkwy

      MOTEL
      6701 Shannon Pkwy, Union City, GA 30291-2023
      View Details
    • Value Estimation
      $1,660,000
      31,741 SF

      6743 Shannon Pkwy

      MOTEL
      6743 Shannon Pkwy, Union City, GA 30291-2023
      View Details
    • Value Estimation
      $4,345,000
      32,182 SF

      6800 Shannon Pkwy

      MOTEL
      6800 Shannon Pkwy, Union City, GA 30291
      View Details
    • Value Estimation
      $4,420,000
      6,720 SF

      3860 Flt Shls Rd

      MOTEL
      3860 Flt Shls Rd, Union City, GA 30291-1585
      View Details
    • Value Estimation
      $865,000
      15,200 SF

      7420 Oakley Rd

      MOTEL
      7420 Oakley Rd, Union City, GA 30291-2366
      View Details
    • Value Estimation
      $1,675,000
      32,382 SF

      6710 Shannon Pkwy

      MOTEL
      6710 Shannon Pkwy, Union City, GA 30291-2024
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Cardinal-Style Multifamily Portfolio

      Multifamily portfolio with 257 units in Union City, GA.
      6295 Oakley Rd, Union City, GA 30291
      View Details
    • $30,000
      0.67 Acres

      Commercial Land Along I-85

      Unimproved commercial land near downtown Atlanta with I-85 frontage.
      I 85, Union City, GA 30291
      View Details
    • $5,455,900

      Union City DriveTime Investment

      NNN leased DriveTime on 4.72 acres near I-85.
      4295 Jonesboro Rd, Union City, GA 30291
      View Details
    • Contact for pricing
      1,300 SF

      Union City Retail Investment Opportunity

      Recently renovated retail property in rapidly growing Union City area.
      5037 Union St, Union City, GA 30291
      View Details
    • Contact for pricing
      12,014 SF

      Dollar General Investment Opportunity

      Dollar General property for sale, publicly traded company.
      6641 Roosevelt Hwy, Union City, GA 30291
      View Details
    • $110,000
      1.94 Acres

      Union City Land Opportunity

      1.94-acre property in Union City, 14 miles from Atlanta airport.
      99 N High Pt Rd W, Union City, GA 30291
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      3,896 SF

      Union City Office with Storage

      Professional office space with unfinished basement storage in Union City.
      6547 Roosevelt Hwy, Union City, GA 30291
      View Details
    • Contact for pricing
      25,500 SF

      Union City Retail Space Available

      Retail space in Union City near major retailers and airport.
      6851 Shannon Pkwy, Union City, GA 30291
      View Details
    • $4,500 /Mo

      Retail Space in Union City

      Retail space available for lease in Union City, Georgia.
      6547 Roosevelt Hwy, Union City, GA 30291
      View Details
    • Contact for pricing

      Retail Center Near I-85 Exit

      100,002 SF center near I-85 and Atlanta Airport.
      4720 Jonesboro Rd, Union City, GA 30291
      View Details
    • Contact for pricing

      Commercial Space in Union City

      Commercial space available for rent in Union City, Georgia.
      6525 Mall Blvd, Union City, GA 30291
      View Details
    • Contact for pricing

      Retail or Commercial Ground Lease

      Ground lease site available at Flat Shoals Road & Shannon Parkway.
      City Flt Shl Rd Un, Union City, GA 30291
      View Details

    Property Visit Statistics

    • Visits by month
      8.1k
    • Visitors by month
      7.0k
    • Avg Time on site
      26 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7410 Oakley Rd
    Union City, GA 30291-2366
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7410 Oakley Rd, Union City, GA, 30291
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!