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Property profile & analytics
OFF-MARKET
Estimated value
$2,990,000
Drive through restaurants
863 Ponce De Leon NE Ave Atlanta, GA 30306-4314
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1607948
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1957
Construction
WOOD
Total area
3,060 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RG1
APN
14 001700120628
UPID
US22-1607948
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
-
The JOY FM Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.99M
Owner & transaction history
Gm Group At Pdl LLC · 6 yrs held
Gm Group At Pdl LLC
since 2020
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
RG1 · 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
$3,030,000
ML approach
$2,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.29M · ±10% · vs last sale $3.00M (Jan 9 2020)
Last sale anchor
$3.00M
Jan 9 2020
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
$977 / 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
$433,480
Assessed 2023
Previous assessed
$539,080
-19.6% YoY
Assessed land
$274,400
Assessed improvement
$159,080
Land market value
$686,000
Improvement market value
$397,700
Total market value
$1,083,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
3,060 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RG1
APN
14 001700120628
UPID
US22-1607948
Jurisdiction
FULTON
Zoning & alternative use
RG1 · Atlanta, GAZoning RG1 · permitted uses
RG1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Gm Group At Pdl LLC
Entity
Mailing address
727 BELT LOOP SE, ATLANTA, GA 30316-2597
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Sep 26, 2023
—
Gm Group At Pdl LLC
—
Deed
related
$2,448,000 · Northern Trust
Feb 24, 2020
$3,000,000
Gm Group At Pdl LLC
863 Ponce LLC
Grant Deed
—
Feb 24, 2020
—
Gm Group At Pdl LLC
863 Ponce LLC
Quit Claim Deed
related
—
Dec 3, 2010
—
863 Ponce LLC
Budd,robert T
Quit Claim Deed
related
—
Dec 3, 2010
$1,170,000
863 Ponce LLC
Budd,robert T
Grant Deed
—
Dec 20, 2001
$695,000
Robert T Budd
Jadaco INC
Warranty Deed
related
$650,000 · Amersco Independent Funding In
—
—
Ga Resources Cap INC
—
Deed Of Trust
related
$654,521 · Fidelity Bk
—
—
Budd,robert T
—
Deed Of Trust
related
$728,000 · Regions Bk
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.
Try Rey
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