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Property profile & analytics
FOR LEASE
Office Spaces
981 Joseph E Lowery Blvd NW Atlanta, GA 30318
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0806624
For Lease
1 / 10
$19 SF/Yr
981 Joseph E Lowery Blvd NW, Atlanta, GA 30318
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1927
Construction
WOOD
Total area
1,987 SF
Lot
0.04 ac (1,960 SF)
Zoning code
I1
APN
17 0150 LL1456
UPID
US22-0806624
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
981s108 Holdings LLC · 5 yrs held
981s108 Holdings LLC
since 2021
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$99,200
Assessed 2023
Previous assessed
$76,880
+29.0% YoY
Assessed land
$65,800
Assessed improvement
$33,400
Land market value
$164,500
Improvement market value
$83,500
Total market value
$248,000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
1927
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,987 SF
Lot
0.04 ac (1,960 SF)
Zoning code
I1
APN
17 0150 LL1456
UPID
US22-0806624
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GA
Zoning I1 · permitted uses
I1 · 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.
Building & site characteristics
From public records
Year built
1927
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
981s108 Holdings LLC
Entity
Mailing address
1227 NILES AVE NW, ATLANTA, GA 30318-4944
Ownership since
2021
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
May 1, 2025
—
Cnb Holdings LLC
—
Deed
related
$83,870 · Truist Bank
Jun 14, 2021
—
981s108 Holdings LLC
M2 Holdings 981 Lowery LLC
Warranty Deed
—
Oct 19, 2018
—
Cnb Holdings LLC
—
Deed
related
—
Jul 29, 2016
$1,125,000
Bricey Asset Management LLC
Ay3 LLC
Grant Deed
related
$1,075,000 · Renasant Bk
Jun 16, 2011
$185,000
M2 Holdings 981 Lowery LLC
Vc Group LLC
Grant Deed
related
$120,000 · First Citizens Bank & Trust Co
Oct 19, 2004
$306,400
Vc Grp LLC
King Plow Arts Ctr LLC
Grant Deed
$245,120 · Wachovia Bk/ga
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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