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Property profile & analytics
OFF-MARKET
Estimated value
$12,680,000
Commercial land
Hairston Rd Decatur, GA 30035
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0253419
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
86,930 SF
Lot
1.58 ac (68,825 SF)
Zoning code
X
APN
15 130 02 109
UPID
US22-0253419
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
$9.71M
CAP Approach
CAP
$16.25M
Comparable Approach
Comparable
$10.09M
Blend (final)
Blend
$12.68M
Owner & transaction history
Wesley Chapel X LLC · 4 yrs held
Wesley Chapel X LLC
since 2021
Last sale
$13.3M
1 recorded transaction
Zoning & alternative use
X · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$13,490,000
ML approach
$9,710,000
CAP Approach
CAP Return
Estimation
6%
$17,605,000
6.5%
$16,250,000
7%
$15,090,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$21,105,000
Current use
RETAIL STORES
$20,255,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$20,140,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$12.68M
Range $11.41M – $13.95M · ±10% · vs last sale $13.27M (Aug 24 2021)
Last sale anchor
$13.27M
Aug 24 2021
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
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$189
Tax year 2024
Assessed value
$4,329
Assessed 2024
Previous assessed
$4,329
+0.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$4,329
Land market value
$10,823
Total market value
$10,823
Applied tax rate
4.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Stories
1
Bathrooms
0
Total area
86,930 SF
Lot
1.58 ac (68,825 SF)
Zoning code
X
APN
15 130 02 109
UPID
US22-0253419
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GA
Zoning X · permitted uses
X · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$21.1M
RETAIL STORES
Est. value
$20.3M
MEDICAL BUILDING
Est. value
$20.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
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
Heating
NONE
Stories
1
Bathrooms
0
Lot
1.58 ac
Current owner
From public records · entity-resolved
Wesley Chapel X LLC
Entity
Free & Clear · 4 yrs held
Mailing address
316 MID VLY CTR #280, CARMEL, CA 93923-8516
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2021
$13,265,000
Wesley Chapel X LLC
Rcc Wesley Chapel Crossing LLC
Limited Warranty Deed
—
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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