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Property profile & analytics
OFF-MARKET
Estimated value
$27,215,000
Super regional malls
845 Ralph David Abernathy SW Blvd Atlanta, GA 30310
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2442793
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1972
Total area
118,556 SF
Lot
11.32 ac (493,099 SF)
Zoning code
C3
APN
14 0108 LL0136
UPID
US22-2442793
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
$27.22M
CAP Approach
CAP
$24.69M
Comparable Approach
Comparable
$16.80M
Blend (final)
Blend
$27.22M
Owner & transaction history
Mall West End Owner LLC · 1 yrs held
Mall West End Owner LLC
since 2024
Last sale
$27.2M
4 recorded transactions
Zoning & alternative use
C3 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$33.3M
+3.3%
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
$27,215,000
ML approach
$27,215,000
CAP Approach
CAP Return
Estimation
6%
$26,745,000
6.5%
$24,690,000
7%
$22,925,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$32,265,000
Current use
COMMERCIAL (GENERAL)
$33,325,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$32,235,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$30,105,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$27,755,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$26,430,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$27.22M
Range $24.49M – $29.94M · ±10% · vs last sale $27.21M (Oct 3 2024)
Last sale anchor
$27.21M
Oct 3 2024
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
$230 / 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
$4,974,760
Assessed 2023
Previous assessed
$4,506,880
+10.4% YoY
Assessed land
$2,662,720
Assessed improvement
$2,312,040
Land market value
$6,656,800
Improvement market value
$5,780,100
Total market value
$12,436,900
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1972
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
118,556 SF
Lot
11.32 ac (493,099 SF)
Zoning code
C3
APN
14 0108 LL0136
UPID
US22-2442793
Jurisdiction
FULTON
Zoning & alternative use
C3 · Atlanta, GA
Zoning C3 · permitted uses
C3 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$32.3M
COMMERCIAL (GENERAL)
Est. value
$33.3M
MEDICAL BUILDING
Est. value
$32.2M
AUTO REPAIR, GARAGE
Est. value
$30.1M
OFFICE BUILDING
Est. value
$27.8M
INDUSTRIAL (GENERAL)
Est. value
$26.4M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1972
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
11.32 ac
Current owner
From public records · entity-resolved
Mall West End Owner LLC
Entity
Mailing address
197 14TH ST NW STE #250, ATLANTA, GA 30318-7819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
$27,213,000
Mall West End Owner LLC
Ht We Outparcels LLC
Deed
$5,000,000 · Atlanta City Urban Development
Oct 3, 2024
—
Mall West End Owner LLC
Mall West End Owner LLC
Quitclaim Deed
related
—
Aug 15, 2023
—
H T West End L L C
—
Deed
related
$6,000,000 · Atlantic Capital Bank
Feb 16, 2007
$3,081,300
Om & Hecho Lllp
Zarin Ents INC
Grant Deed
—
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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