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Property profile & analytics
OFF-MARKET
Estimated value
$13,210,000
Community centers
1230 Hairston Rd Stone Mountain, GA 30088-2761
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0559281
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1986
Total area
62,356 SF
Lot
11.67 ac (508,345 SF)
Zoning code
X
APN
15 224 04 001
UPID
US22-0559281
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Rice China Restaurant
-
Tender Loving Caring Pets Corporation (Bike/Boat/Book/etc) Store Pet Store
-
Stoneview Injury & Wellness Clinic Alternative Medicine Practice
-
Kariah Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.24M
CAP Approach
CAP
$15.42M
Comparable Approach
Comparable
$17.95M
Blend (final)
Blend
$13.21M
Owner & transaction history
Crowes Crossing LLC · 4 yrs held
Crowes Crossing LLC
since 2021
Last sale
$12.7M
4 recorded transactions
Zoning & alternative use
X · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.9M
+43.8%
Retail stores
$15.8M
+34.3%
Auto repair, garage
$13.4M
+14.4%
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
$14,990,000
ML approach
$10,235,000
CAP Approach
CAP Return
Estimation
6%
$16,700,000
6.5%
$15,415,000
7%
$14,315,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$11,745,000
Current use
RESTAURANT
$16,885,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$15,775,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$13,435,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$11,715,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$10,800,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$13.21M
Range $11.89M – $14.53M · ±10% · vs last sale $12.70M (Dec 15 2021)
Last sale anchor
$12.70M
Dec 15 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
$212 / 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
$227,938
Tax year 2024
Assessed value
$4,880,000
Assessed 2024
Previous assessed
$4,880,000
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$683,200
Assessed improvement
$4,196,800
Land market value
$1,708,000
Improvement market value
$10,492,000
Total market value
$12,200,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
62,356 SF
Lot
11.67 ac (508,345 SF)
Zoning code
X
APN
15 224 04 001
UPID
US22-0559281
Jurisdiction
DE KALB
Zoning & alternative use
X · Stone Mountain, GA
Zoning 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
Stone Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$11.7M
RESTAURANT
Est. value
$16.9M
RETAIL STORES
Est. value
$15.8M
AUTO REPAIR, GARAGE
Est. value
$13.4M
MEDICAL BUILDING
Est. value
$11.7M
OFFICE BUILDING
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
11.67 ac
Current owner
From public records · entity-resolved
Crowes Crossing LLC
Entity
Mailing address
125 HALF MILE RD STE #100, RED BANK, NJ 07701-6749
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$12,700,000
Crowes Crossing LLC
Rcc Crowes Crossing LLC
Limited Warranty Deed
$8,755,000 · Provident Bank
Feb 4, 2014
$9,300,000
Rcc Crowes Crossing LLC
Lvp Crowes Crossing LLC
Grant Deed
$6,015,000 · American Equity Inv Life Ins
Oct 24, 2011
$1,500,000
Lvp Crowes Crossing LLC
Ipf Of Crowe LP
Grant Deed
—
Oct 24, 2011
—
Lvp Crowes Crossing LLC
Ipf Of Crowe LP
Quit Claim Deed
related
—
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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