Entity Owned Property summary
AI-generated overview
This exceptional 256,000 square foot office building, located at 887 West Marietta St NW, Atlanta, GA 30318, offers a unique blend of creative and traditional office spaces. Situated on a 12.5-acre lot, the King Plow Arts Center boasts a vibrant tenant mix within a historic building (built in 1920, renovated in 1999). The property is zoned C2 and features exposed brick, large windows, and skylights, creating a welcoming and comfortable atmosphere. Units range from 1,190 to 4,866 contiguous square feet, with a minimum divisible space of 1,190 square feet. Ample parking is provided with 220 spaces available, including employee parking cards for both garage and surface lot access. The building enjoys a prime West Midtown location, offering easy access to top-tier Atlanta restaurants and entertainment venues, and overlooks Marietta Street. This Class C property presents a rare opportunity to lease in a thriving, amenity-rich environment. The property's APN is 17-0150-LL-105-0, and its cross street is Northside Drive. Multiple tenancies are available.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1936
Construction
WOOD
Total area
985 SF
Lot
0.02 ac (958 SF)
Zoning code
I1
APN
17 0150 LL0870
UPID
US22-1571501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Photography Service (Bike/Boat/Book/etc) Store
-
Photography Service (Bike/Boat/Book/etc) Store
-
Tech Support Center IT Consulting Firm
-
(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Zoning & alternative use
I1 · Atlanta, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 32 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$284 / SF
Confidence
High
32 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
985 SF
Lot area
0.02 ac
Year built
1936
Stories
1
APN
17 0150 LL0870
Zoning
I1
Assessed value
$51,920
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$233k
Weighted, 20 comps · high confidence
Evidence
32 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.9 mi away · 1,204 SF
13.2 mi away · 1,192 SF
13.4 mi away · 985 SF
13.6 mi away · 1,147 SF
13.8 mi away · 1,167 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$373
-24%
Submarket 604 sales
$234
+21%
County 838 sales
$264
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $284/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 32 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$52k
Move the market yield to see immediate price impact.
Value / SF
$53
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3k
$65k
$47k
$36k
$4k
$73k
$52k
$40k
$4k
$80k
$57k
$44k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
32 found
High confidence · county-verified
Closest comparable
$654k
6.9 mi · Oct 2025 · $543/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$51,920
Assessed 2023
Previous assessed
$51,920
+0.0% YoY
Assessed land
$30,600
Assessed improvement
$21,320
Land market value
$76,500
Improvement market value
$53,300
Total market value
$129,800
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
985 SF
Lot
0.02 ac (958 SF)
Zoning code
I1
APN
17 0150 LL0870
UPID
US22-1571501
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GAZoning I1 · permitted uses
I1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1936
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Atlanta, GA
Recorded code
I1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Atlanta, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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