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    Property profile & analytics

    1629 Roadhaven Dr Stone Mountain, GA 30083-1009

    • Warehouses
    • 8,580 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1307180
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tucker Welding & Fabrication / Welder
    • Hydraulic Service Co / Hydraulic Repair Service

    Property Details for 1629 Roadhaven Dr

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    0.62 lot acres
    Property size
    8,580 SF
    Zone code
    M
    Property type
    Warehouses
    APN
    18 170 02 017
    APU
    1817002017

    Description

    This exceptional 8,580-square-foot warehouse, located at 1629 Roadhaven Drive in Stone Mountain, Georgia, presents a compelling investment opportunity. Priced at $995,000, this vacant property boasts a desirable location within Dekalb County, offering convenient access to major transportation arteries. The property sits on a 0.7-acre corner lot, providing ample space and excellent visibility. The warehouse features impressive 12' to 14' ceiling heights, accommodating a variety of storage and operational needs. Four drive-in doors ensure efficient loading and unloading, while the inclusion of 3-phase power caters to businesses requiring substantial electrical capacity. Adding to its functionality, the property includes approximately 580 square feet of office space. Its strategic location offers easy access to Highway 78/Stone Mountain Highway and is just two exits away from Interstate 285, providing seamless connectivity throughout the metro Atlanta area. The property is zoned M, making it suitable for a range of industrial uses. This is a rare opportunity to acquire a well-situated, functional warehouse in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $340,000
      Market price range: $112k - $518k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2029
    Latitude
    33.8293
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,255
    $23,417
    $408,143
    $431,560
    -
    $58,542
    $1,020,358
    $1,078,900

    Comparable in this City

    • Value Estimation
      $790,000
      100,294 SF

      4721 Lewis Rd

      WAREHOUSE, STORAGE • 100,294 SF
      4721 Lewis Rd, Stone Mountain, GA 30083-1005
      View Details
    • Value Estimation
      $995,000
      99,600 SF

      5502 Memorial Dr

      WAREHOUSE, STORAGE • 99,600 SF
      5502 Memorial Dr, Stone Mountain, GA 30083-3215
      View Details
    • Value Estimation
      $720,000
      90,100 SF

      5861 Ponce De Leon Ave

      WAREHOUSE, STORAGE • 90,100 SF
      5861 Ponce De Leon Ave, Stone Mountain, GA 30083
      View Details
    • Value Estimation
      $715,000
      59,200 SF

      1374 Beverage Dr

      WAREHOUSE, STORAGE • 59,200 SF
      1374 Beverage Dr, Stone Mountain, GA 30083-2135
      View Details
    • Value Estimation
      $760,000
      240,120 SF

      4470 Greer Cir

      WAREHOUSE, STORAGE • 240,120 SF
      4470 Greer Cir, Stone Mountain, GA 30083-1016
      View Details
    • Value Estimation
      $415,000
      5,200 SF

      1440 Hairston Rd

      MINI-WAREHOUSE, STORAGE • 5,200 SF
      1440 Hairston Rd, Stone Mountain, GA 30083-1902
      View Details

    Similar Nearby for Sale

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      Stone Mountain Industrial Office/Warehouse

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      Stone Mountain Warehouse For Sale

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    • New
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      Stone Mountain Commercial Building For Sale

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    • $2,300,000
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      Retail Strip Center Investment Opportunity

      Retail strip center with high occupancy in Stone Mountain, GA.
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    • $60,000
      0.30 Acres

      Residential Land Near Schools

      0.31 acre buildable lot near Hambrick Elementary and Stone Mountain High.
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      Land Ideal for Development

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    Similar Nearby for Lease

    • Contact for pricing
      51,328 SF

      Stone Mountain Retail Space Available

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    • $12 SF/Yr

      Stone Mountain Office/Medical Space Available

      Office and medical spaces available in Stone Mountain area.
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      View Details
    • $15 SF/Yr
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      Stone Mountain Retail Space

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      Stone Mountain Commercial Suite For Rent

      Professionally maintained suite in prime Stone Mountain location for rent.
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    • $8 SF/Yr
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      Stone Mountain Office Space Available

      Office space for lease in a convenient Stone Mountain location.
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      View Details
    • $1,950 /Mo
      1,500 SF

      Stone Mountain Commercial Suite For Rent

      Professionally maintained suite in prime location, ideal for various businesses.
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      View Details
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    Stone Mountain, GA 30083-1009
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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