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Property profile & analytics
OFF-MARKET
Estimated value
$7,680,000
Garden apartment buildings
8213 Hwy 85, Riverdale, GA 30274-6803
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4500729
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1989
Total area
108 SF
Lot
10.82 ac (471,319 SF)
Zoning code
RM
APN
13-233B- C-002
UPID
US22-4500729
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.80M
Blend (final)
Blend
$7.68M
Owner & transaction history
Vineyard Pointe 1031 LLC · 4 yrs held
Vineyard Pointe 1031 LLC
since 2022
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
RM · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$5,745,000
ML approach
$6,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.68M
Range $6.91M – $8.45M · ±10% · vs last sale $8.33M (Mar 7 2022)
Last sale anchor
$8.33M
Mar 7 2022
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
$71,111 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$109,234
Tax year 2024
Assessed value
$2,800,000
Assessed 2024
Previous assessed
$2,800,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$256,960
Assessed improvement
$2,543,040
Land market value
$642,400
Improvement market value
$6,357,600
Total market value
$7,000,000
Applied tax rate
8.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1989
Heating
NONE
Total area
108 SF
Lot
10.82 ac (471,319 SF)
Zoning code
RM
APN
13-233B- C-002
UPID
US22-4500729
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Riverdale, GA
Zoning RM · permitted uses
RM · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Lot
10.82 ac
Current owner
From public records · entity-resolved
Vineyard Pointe 1031 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1904 MONROE DR NE STE #235, ATLANTA, GA 30324-4854
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
$8,332,000
Vineyard Pointe 1031 LLC
Vineyard Pointe LLC
Limited Warranty Deed
—
Jul 22, 2020
—
Vineyard Pointe LLC
—
Deed
related
$5,500,000 · Lmf Commercial LLC
Feb 11, 2019
$18,214,600
Vineyard Pointe LLC
Trinity Vineyard Pointe LLC
Grant Deed
related
$19,400,000 · Midcap Financial Trust
Feb 6, 2017
—
Trinity Vineyard Pointe LLC
—
Deed
related
$3,333,500 · Midland States Bank
Sep 12, 2016
—
Vineyard Pointe LLC
Vineyard Pointe LLC
Quit Claim Deed
related
—
Nov 5, 2015
—
Vineyard Pointe LLC
Empirian Vineyard Pointe LLC
Quit Claim Deed
related
—
Feb 5, 2008
—
Pami Vineyard Apartments LLC
Alternative Housing Vineya
Grant Deed
related
—
—
—
Vineyard Pointe LLC
—
Deed Of Trust
related
$5,500,000 · Lmf Commercial LLC
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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