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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Retail space
876 Cleveland Ave East Point, GA 30344-2927
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-3593088
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
7,749 SF
Lot
1.2 ac (52,316 SF)
Zoning code
R3
APN
14 010000020396
UPID
US22-3593088
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
$2.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Samson Realty LLC · 2 yrs held
Samson Realty LLC
since 2024
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
R3 · East Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+272.7%
Neighborhood: shopping center
$2.1M
+86.5%
Medical building
$2.1M
+86.3%
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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$2,545,000
ML approach
$2,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,215,000
Change: +273% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,110,000
Change: +87% · Conversion: Moderate
MEDICAL BUILDING
$2,105,000
Change: +86% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,970,000
Change: +74% · Conversion: Difficult
OFFICE BUILDING
$1,815,000
Change: +60% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,725,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.55M (Jan 5 2024)
Last sale anchor
$2.55M
Jan 5 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
$328 / 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
Tax billed
$8,120
Tax year 2023
Assessed value
$287,680
Assessed 2023
Previous assessed
$287,680
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$164,920
Assessed improvement
$122,760
Land market value
$412,300
Improvement market value
$306,900
Total market value
$719,200
Applied tax rate
20.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
7,749 SF
Lot
1.2 ac (52,316 SF)
Zoning code
R3
APN
14 010000020396
UPID
US22-3593088
Jurisdiction
FULTON
Zoning & alternative use
R3 · East Point, GA
Zoning R3 · permitted uses
R3 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Samson Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
876 CLEVELAND AVE, ATLANTA, GA 30344-2927
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
$2,547,170
Samson Realty LLC
Cleveland Ave Wells Land LLC
Warranty Deed
—
Aug 4, 2022
—
Cleveland Ave Wells Land LLC
Romo Pada Development LLC
Warranty Deed
$1,375,000 · Loyal Trust Bank
Dec 13, 2021
$1,075,000
Romo Pada Development LLC
Hmh Properties Ltd
Warranty Deed
$1,160,000 · Southern Development Partners
Jul 7, 2015
$537,500
Hmh Properties Ltd
Ledbetter Dev Partners LLC
Grant Deed
—
Aug 5, 2013
—
Ledbetter Dev Partners LLC
Davis Charles T SR
Quit Claim Deed
related
—
Aug 5, 2013
$525,000
Ledbetter Dev Partners LLC
Davis Charles T SR
Quit Claim Deed
related
—
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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