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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Medical Office Space
1183 Hairston Rd, Stone Mountain, GA 30088-2796
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0509830
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
WOOD FRAME
Total area
7,868 SF
Lot
0.79 ac (34,412 SF)
Zoning code
C1
APN
15 224 01 145
UPID
US22-0509830
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
-
Family Dentistry Dental Office
-
Coble Linda Dental Office
-
Reid Jr William T DDS Dental Office
-
Assertive Community Treatment Social Service Agency Charitable Organization
-
Stone Mountain Family Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.64M
Owner & transaction history
Hariston Woods Property LP · 3 yrs held
Hariston Woods Property LP
since 2022
7 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+44.2%
Retail stores
$2.0M
+34.7%
Auto repair, garage
$1.7M
+14.7%
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%
$1,900,000
6.5%
$1,755,000
7%
$1,630,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,480,000
Current use
RESTAURANT
$2,130,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$1,990,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,695,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,480,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±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
$208 / 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
$25,012
Tax year 2024
Assessed value
$550,240
Assessed 2024
Previous assessed
$255,552
+115.3% YoY
Effective rate
4.55%
On assessed value
Assessed land
$53,666
Assessed improvement
$496,574
Land market value
$134,165
Improvement market value
$1,241,435
Total market value
$1,375,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
7,868 SF
Lot
0.79 ac (34,412 SF)
Zoning code
C1
APN
15 224 01 145
UPID
US22-0509830
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Stone Mountain, GA
Zoning C1 · permitted uses
C1 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Hariston Woods Property LP
Entity
Mailing address
2375 TREEHAVEN DR, SNELLVILLE, GA 30078-5515
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$38,335,588
Hariston Woods Property LP
Stone Mountain Equity Fund LLC
Deed
$34,080,000 · Mf1 Capital
Jun 1, 2021
$30,000,000
Stone Mountain Equity Fund LLC
Hairston Woods Holdings LLC
Deed
$23,020,000 · Us Bank
Sep 11, 2020
—
Rahul Crystal Kanta LLC
—
Deed
related
$1,000,000 · Pinnacle Bank
Jun 14, 2019
$20,780,000
Hairston Woods Holdings LLC
1173 N Hairston Road Stone Mtn
Trust Deed
$19,990,000 · Arbor Realty SR
Nov 2, 2018
—
Rahul Crystal Kanta LLC
—
Deed
related
$1,121,250 · Zions First Nat'l Bk
May 12, 2009
—
Dekalb County Georgia
Reid,william T
Grant Deed
related
—
—
—
Rahul Crystal Kanta LLC
—
Deed Of Trust
related
$1,121,250 · Zions First Nat'l Bk
—
—
Rahul Crystal Kanta LLC
—
Deed Of Trust
related
$1,353,912 · Georgia Commerce Bank
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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