428 UNIVERSITY AV
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Location
428 UNIVERSITY AV
Mblu
22/ 18/ 1/ /
Acct#
Owner
W W GRAINGER INC
Assessment
$2,762,000
Appraisal
$2,762,000
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$1,158,800$1,603,200$2,762,000
Assessment
Valuation YearImprovementsLandTotal
2026$1,158,800$1,603,200$2,762,000

Owner of Record
OwnerW W GRAINGER INC
Co-OwnerC/O MARVIN F POER & CO
Address3520 PIEDMONT RD. NE
ATLANTA, GA 30305
Sale Price$200,000
Certificate
Book & Page 5283/0459
Sale Date11/16/1976
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
W W GRAINGER INC$200,000 5283/04590011/16/1976

Building Information
Building 1 : Section 1
Year Built: 1977
Living Area: 26,208
Replacement Cost: $1,731,038
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$1,038,600
Building Attributes
FieldDescription
Style:Warehouse
ModelInd/Lg UnfnCom
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 26,208 26,208
   26,208 26,208

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET26208.00 S.F.$15,7001
LDL1LOAD LEVELERS2.00 UNITS$4,2001
A/CAIR CONDITION7200.00 UNITS$8,6001

Land
Land Use
Use Code4010
DescriptionIND WHSES  
ZoneLM
NeighborhoodUNI
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.45
Frontage0
Depth0
Assessed Value$1,603,200
Appraised Value$1,603,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  90000.00 S.F.$90,0001
PAV2PAVING-CONC  864.00 S.F.$1,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$1,158,800$1,603,200$2,762,000
2025$1,113,100$1,545,400$2,658,500
2024$1,067,100$1,545,400$2,612,500

Assessment
Valuation YearImprovementsLandTotal
2026$1,158,800$1,603,200$2,762,000
2025$1,113,100$1,545,400$2,658,500
2024$1,067,100$1,545,400$2,612,500

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