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Property profile & analytics
OFF-MARKET
Estimated value
$5,530,000
Strip malls
1179 Hairston Rd Stone Mountain, GA 30083
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4740125
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Total area
54,144 SF
Lot
6.3 ac (274,428 SF)
Zoning code
X
APN
15 224 01 148
UPID
US22-4740125
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
-
247 TowTruck Stone Mountain, GA Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.88M
Blend (final)
Blend
$5.53M
Owner & transaction history
1173 Hairston LLC · 4 yrs held
1173 Hairston LLC
since 2022
7 recorded transactions
Zoning & alternative use
X · Stone Mountain, 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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.53M
Range $4.98M – $6.08M · ±10%
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
$102 / 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
$186,165
Tax year 2024
Assessed value
$1,777,200
Assessed 2024
Previous assessed
$1,777,200
+0.0% YoY
Effective rate
10.48%
On assessed value
Assessed land
$250,800
Assessed improvement
$1,526,400
Land market value
$627,000
Improvement market value
$3,816,000
Total market value
$4,443,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
YES
Stories
1
Total area
54,144 SF
Lot
6.3 ac (274,428 SF)
Zoning code
X
APN
15 224 01 148
UPID
US22-4740125
Jurisdiction
DE KALB
Zoning & alternative use
X · Stone Mountain, GAZoning X · permitted uses
X · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.3 ac
Current owner
From public records · entity-resolved
1173 Hairston LLC
Entity
Mailing address
5675 JIMMY CARTER BLVD STE #725, NORCROSS, GA 30071-2955
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
—
1173 Hairston LLC
—
Deed
related
$1,200,000 · Rex Group
May 13, 2022
—
1173 Hairston LLC
27th Grp Properties LLC
Limited Warranty Deed
$3,150,000 · Vinings Bank
Dec 13, 2021
$4,500,000
27th Grp Properties LLC
Hairston Square LLC
Warranty Deed
—
Apr 8, 2020
—
Hairston Square LLC
—
Deed
related
$1,075,231 · Southcrest Bk
Oct 27, 2017
—
Hairston Square LLC
Southcrest Bk
Quit Claim Deed
related
—
Oct 27, 2017
$321,000
Waffle House INC
Hairston Square LLC
Warranty Deed
—
Aug 2, 2016
—
Hairston Square LLC
—
Deed
related
$1,237,500 · Southcrest Bk
Aug 17, 2007
$600,000
Jose G Villarreal
Hairston Plaza LLC
Grant Deed
—
Aug 14, 2007
—
Los Arcos Management LLC
Villarreal,jose G
Grant Deed
related
—
Nov 17, 2004
—
Mimms David A
Mimms Investments
Quit Claim Deed
related
—
Nov 17, 2004
$3,500,000
Hairston Plaza LLC
Tresure Village INC
Warranty Deed
$2,625,000 · Colonial Bank
Nov 17, 2004
$3,200,000
Mimms David A
Mimms Invest
Grant Deed
related
—
—
—
Hairston Square LLC
—
Loan Modification
related
$1,075,231 · Southcrest 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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