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    Property profile & analytics

    753 Penn NE Ave Atlanta, GA 30308-1511

    • Investment properties
    • 4,525 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $1,215,000
    Last Sale
    Jun 22, 2021
    $1,170,000
    Location Intelligence
    Property ID
    US22-4357084
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 753 Penn NE Ave

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    4,525 SF
    Zone code
    R5
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    14 004900060917
    APU
    14004900060917

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,135,000
      6.5%
      $1,235,000
      7%
      $1,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,180,000
      Geo Method
      $1,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,100,000
      Retail
      $1,200,000
      Mixed-Use
      $1,285,000
      Hospitality
      $985,000
      Educational
      $1,220,000
      Residential Income
      $1,265,000
      Energy
      $1,255,000
      Income-Based Land
      $1,140,000
      Food Service
      $1,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3784
    Latitude
    33.7752
    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
    $9,472
    $135,000
    $93,800
    $228,800
    -
    $337,500
    $234,500
    $572,000

    Comparable in this City

    • Value Estimation
      $285,000
      3,439 SF

      754 Charles Allen NE Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,439 SF
      754 Charles Allen NE Dr, Atlanta, GA 30308-3743
      View Details
    • Value Estimation
      $275,000
      2,844 SF

      400 5th NE St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,844 SF
      400 5th NE St, Atlanta, GA 30308-3732
      View Details
    • Value Estimation
      $305,000
      4,034 SF

      753 Argonne NE Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,034 SF
      753 Argonne NE Ave, Atlanta, GA 30308-3739
      View Details
    • Value Estimation
      $260,000
      2,325 SF

      764 Charles Allen NE Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,325 SF
      764 Charles Allen NE Dr, Atlanta, GA 30308-1761
      View Details
    • Value Estimation
      $290,000
      475 SF

      126 Renaissance NE Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 475 SF
      126 Renaissance NE Pkwy, Atlanta, GA 30308-2325
      View Details
    • Value Estimation
      $260,000
      3,840 SF

      355 5th NE St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,840 SF
      355 5th NE St, Atlanta, GA 30308-2060
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      7,556 SF

      Prime Midtown Retail Space Available

      Divisible retail space in mixed-use building on Peachtree Street.
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      View Details
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      Atlanta Storefronts for Lease

      Commercial storefronts available in a vibrant area with premier exposure.
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    • $4,300 /Mo
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      Prime Atlanta Commercial Storefronts Available

      Four customizable commercial properties in a vibrant Atlanta neighborhood.
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    • Contact for pricing
      2,684 SF

      Office Space Available For Rent

      Office space available for rent in Atlanta, GA.
      740 West Peachtree St Northwest, Atlanta, GA 30308
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    • New
      $1,100 /Mo
      9,540 SF

      Piedmont Avenue Office Suite

      Two-room office suite in Midtown Atlanta, utilities included.
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      View Details
    • Contact for pricing
      1,736,017 SF

      Atlanta Office Tower Subleases Available

      Premium Atlanta Office Space: 10,000-25,000 SF
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      View Details
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    753 Penn NE Ave
    Atlanta, GA 30308-1511
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    Realmo Value Estimation

    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.

    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.

    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
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