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Property profile & analytics
FOR LEASE
Office buildings
887 West Marietta St NW Atlanta, GA 30318
Individually Owned
~
Est. High Equity
Property ID
US22-0696176
For Lease
1 / 2
$35 SF/Yr
887 West Marietta St NW, Atlanta, GA 30318
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1945
Construction
WOOD
Total area
2,633 SF
Lot
0.11 ac (4,922 SF)
Zoning code
I2
APN
14 011200060067
UPID
US22-0696176
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
-
Land Over Labels Real Estate Agency
-
Rob Brinson Photography Photography Service (Bike/Boat/Book/etc) Store
-
King Studio Photography Service (Bike/Boat/Book/etc) Store
-
Core12 Tech Support Center IT Consulting Firm
-
Radix Health (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$1.00M
Owner & transaction history
Randolph Hazelton
Randolph Hazelton
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
I2 · 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$985,000
Current use
WAREHOUSE, STORAGE
$880,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$825,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Mar 11 2024)
Last sale anchor
$1.00M
Mar 11 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
$380 / 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
$119,720
Assessed 2023
Previous assessed
$119,720
+0.0% YoY
Assessed land
$59,320
Assessed improvement
$60,400
Land market value
$148,300
Improvement market value
$151,000
Total market value
$299,300
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1945
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,633 SF
Lot
0.11 ac (4,922 SF)
Zoning code
I2
APN
14 011200060067
UPID
US22-0696176
Jurisdiction
FULTON
Zoning & alternative use
I2 · Atlanta, GA
Zoning I2 · permitted uses
I2 · 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
OFFICE BUILDING Current
Est. value
$985,000
WAREHOUSE, STORAGE
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$825,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (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
1945
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Randolph Hazelton
Individual
Mailing address
887 W MARIETTA ST NW, ATLANTA, GA 30318-5252
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
43 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2025
—
Randolph Hazelton
Hazelton Randolph Tr
Warranty Deed
—
Apr 11, 2024
$430,000
Maltbia Agency LLC
Vimla Investment Properties LLC
Warranty Deed
$182,750 · Southstate Bank
Mar 11, 2024
$1,000,000
Rh Legacy Trust
Sv Real Estate LLC
Limited Warranty Deed
—
Sep 12, 2023
$1,485,000
Taa Holdings LLC
Casas 887 Holdings LLC INC
Warranty Deed
$1,262,100 · Wells Fargo
Apr 19, 2023
$858,000
Sv Real Estate LLC
887 Marietta Street LLC
Warranty Deed
—
Apr 19, 2023
—
Sv Real Estate LLC
887 Marietta Street LLC
Quit Claim Deed
related
—
Mar 29, 2022
—
King Plow N 101 LLC
—
Deed
related
$69,000 · Cadence Bank
Jan 31, 2022
$396,500
Ermcarholdings LLC
Atlanta Dogwood Festival INC
Warranty Deed
—
Oct 26, 2021
—
Casas 887 Holdings LLC
—
Deed
related
$825,000 · Pinnacle Bank
Oct 21, 2021
—
Robert Shaw Studios LLC
—
Deed
related
$650,000 · South State Bank
Oct 11, 2021
—
Fugo Investments LLC
Eric Haviv
Warranty Deed
—
Jul 1, 2021
$839,050
Eric Haviv
Dogpound Properties LLC
Warranty Deed
—
Jun 14, 2021
—
887t103 Holdings LLC
M2 Holdings 981 Lowery LLC
Warranty Deed
—
Dec 28, 2020
$2,225,000
Hong Simon
Darby Construction INC
Grant Deed
$1,668,750 · Us Bk
Nov 24, 2020
—
King Plow Arts Center LLC
Kpac LLC
Grant Deed
related
—
Feb 26, 2020
$815,000
Kpac LLC
Kris & Chris LLC
Grant Deed
—
Nov 4, 2019
—
Site Specific LLC
—
Deed
related
—
May 15, 2019
—
Casas 887 Holdings LLC
—
Deed
related
$882,000 · Private Bk/buckhead
May 6, 2019
$418,000
King Plow N-101 LLC
Lee Arlene A Living Trust
Grant Deed
—
May 6, 2019
—
King Plow N 101 LLC
—
Deed
related
$353,111 · Cadence Bank
Feb 20, 2019
—
King Plow N 101 LLC
—
Deed
related
$353,111 · Cadence Bank
Sep 20, 2018
$358,500
Oa Ventures LLC
Forsyth,donna K
Grant Deed
$280,000 · Atlantic Cap Bk
Sep 20, 2018
$835,000
Sandia LLC
Fugo Studios LLC
Grant Deed
$522,000 · Atlantic Cap Bk
Sep 20, 2018
—
Sandia LLC
—
Deed
related
$522,000 · Atlantic Capital Bank
Aug 22, 2018
$1,203,500
Casas 887 Holdings LLC
Megastructure LLC
Grant Deed
related
$850,447 · Private Bk/buckhead
Aug 6, 2018
$360,000
Sebhon Properties LLC
Touchstones LLC
Grant Deed
—
Feb 27, 2018
—
Frank M Hull
Aeck,richard H
Quitclaim Deed
related
—
Jul 5, 2017
$320,000
Vimla Investment Props LLC
Hurd,carrie L
Grant Deed
$220,000 · Georgia Primary Bk
Apr 26, 2017
$219,000
Sebhon Properties LLC
Artistic Image Properties LLC
Grant Deed
—
Dec 27, 2016
—
Site Specific LLC
—
Deed
related
$369,600 · Branch Bk&tr
Dec 9, 2016
—
Site Specific LLC
—
Deed
related
$100,000 · Branch Bk&tr
Oct 12, 2016
—
Robert Shaw Studios LLC
—
Deed
related
$55,000 · First Landmark Bank
Sep 8, 2016
—
M2 Holdings 981 Lowery LLC
—
Deed
related
$325,000 · Chattahoochee Bk/ga
Sep 6, 2016
—
Lee,arlene A Living Trust
Lee,arlene A
Quitclaim Deed
related
$191,909 · United Cmnty Bk
May 6, 2016
$1,100,000
Megastructure LLC
Big Studio LLC
Warranty Deed
—
Sep 19, 2012
—
887 Marietta Street LLC
Beauford Properties LLC
Quit Claim Deed
related
—
Sep 19, 2012
$232,000
887 Marietta Street LLC
Beauford Properties LLC
Grant Deed
—
May 9, 2010
—
Beauford Properties LLC
Banks,freda Warshaw
Grant Deed
related
—
Apr 5, 2005
$254,000
Hurd,carrie L
King Plow Arts Center LLC
Grant Deed
$203,200 · Opteum Fin'l Svcs
Jul 29, 2004
$220,000
Georgia Lawyers For Arts INC
King Plow Arts Center LLC
Grant Deed
$187,000 · Piedmont Bk
Jun 11, 2004
$185,000
Bradford,eola W
King Plow Arts Ctr
Grant Deed
$177,507 · Wachovia Bk/ga
—
—
Emo Group LLC
—
Deed Of Trust
related
$700,000 · Merrill Lynch Busn Fin'l Svcs
—
—
Hurd,carrie L
—
Deed Of Trust
related
$50,000 · 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.
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