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Property profile & analytics
OFF-MARKET
Estimated value
$9,080,000
Manufacturing properties
871 Wheeler NW St Atlanta, GA 30318-5249
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1365256
Property profile
Verified
Property type
Manufacturing properties
Use group
CHEMICAL
Year built
1961
Construction
STEEL FRAME
Total area
11,368 SF
Lot
2.48 ac (107,898 SF)
Zoning code
I1
APN
14 011200040754
UPID
US22-1365256
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
-
Chemweld Inc Building Supply
-
Verco Materials, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.08M
Owner & transaction history
Splc Atlanta Office LLC · 2 yrs held
Splc Atlanta Office LLC
since 2023
Last sale
$10.2M
4 recorded transactions
Zoning & alternative use
I1 · 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
$8,580,000
ML approach
$7,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.08M
Range $8.17M – $9.99M · ±10% · vs last sale $10.20M (Dec 11 2023)
Last sale anchor
$10.20M
Dec 11 2023
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
$799 / 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
$355,520
Assessed 2024
Previous assessed
$355,000
+0.1% YoY
Assessed land
$243,000
Assessed improvement
$112,520
Land market value
$607,500
Improvement market value
$281,300
Total market value
$888,800
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
Manufacturing properties
Use group
CHEMICAL
Status
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
11,368 SF
Lot
2.48 ac (107,898 SF)
Zoning code
I1
APN
14 011200040754
UPID
US22-1365256
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GAZoning I1 · permitted uses
I1 · 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
1961
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
2.48 ac
Current owner
From public records · entity-resolved
Splc Atlanta Office LLC
Entity
Free & Clear · 2 yrs held
Mailing address
871 WHEELER ST NW, ATLANTA, GA 30318-5249
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Dec 11, 2023
—
Splc Atlanta Office LLC
871 Wheeler Street LLC
Quit Claim Deed
related
—
Dec 11, 2023
$10,200,000
Splc Atlanta Office LLC
871 Wheeler Street LLC
Warranty Deed
—
Apr 8, 2022
—
871 Wheeler Street LLC
Mckenna Family LLC
Warranty Deed
—
—
—
Mckenna Family LLC
—
Loan Modification
related
$200,000 · Piedmont 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.
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