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    Property profile & analytics

    1240 Ashwood Pkwy Lithonia, GA 30038

    • Commercial land
    • 37,842 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 03, 2024
    $7,125,000
    Location Intelligence
    Property ID
    US22-2352971
    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

    • Commercial land

    Property Details for 1240 Ashwood Pkwy

    Lot size
    0.84 lot acres
    Property size
    37,842 SF
    Zone code
    X
    Property type
    Commercial land
    APN
    18 349 01 038
    APU
    1834901038

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.3395
    Latitude
    33.9341
    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
    $3,280
    $60,000
    $0.00
    $60,000
    -
    $150,000
    $0.00
    $150,000

    Comparable in this City

    • Value Estimation by Request
      1.79 Acres

      2934 Fairington Dr

      VACANT COMMERCIAL LAND • 1.79 Acres
      2934 Fairington Dr, Lithonia, GA 30038-2028
      View Details
    • Value Estimation by Request
      3.14 Acres

      4588 Amherst Frst Dr

      VACANT COMMERCIAL LAND • 2,622 SF
      4588 Amherst Frst Dr, Lithonia, GA 30038-4201
      View Details
    • Value Estimation by Request
      3.05 Acres

      5897 Browns Ml Rd

      VACANT COMMERCIAL LAND • 1,051 SF
      5897 Browns Ml Rd, Lithonia, GA 30038-4007
      View Details
    • Value Estimation by Request
      2.64 Acres

      4719 Browns Ml Rd

      VACANT COMMERCIAL LAND • 848 SF
      4719 Browns Ml Rd, Lithonia, GA 30038-2604
      View Details
    • Value Estimation by Request
      1.99 Acres

      6386 Browns Ml Rd

      VACANT COMMERCIAL LAND • 2,854 SF
      6386 Browns Ml Rd, Lithonia, GA 30038-4209
      View Details
    • Value Estimation by Request
      1.49 Acres

      4530 Klondike Rd

      VACANT COMMERCIAL LAND • 1,946 SF
      4530 Klondike Rd, Lithonia, GA 30038-4644
      View Details

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      Vacant land for sale in Lithonia, Georgia, near Stonecrest Mall.
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      Land Near Stonecrest Mall

      3.07-acre site near I-20, ideal for storage/flex building.
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      Lithonia Vacant Land Near Atlanta

      Vacant land near Atlanta and the airport with utilities available.
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    Similar Nearby for Lease

    • Contact for pricing
      264,609 SF

      Stonecrest Marketplace Retail Center

      Prime Retail Space Available in Stonecrest, GA
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      View Details
    • Contact for pricing
      8,400 SF

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      Prime Stonecrest Retail, 1,200 SF Available
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      1,350 SF retail space in high-traffic shopping center.
      3552 Panola Rd, Lithonia, GA 30038
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      1 SF

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      High-traffic location, 0.72 acres.
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    • $2,250 /Mo
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      Office suite with private rooms, suitable for various businesses.
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    • Contact for pricing
      89,193 SF

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      Large Retail Space Available in DeKalb County
      3001 Stonecrest Promenade, Stonecrest, GA 30038
      View Details
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    1240 Ashwood Pkwy
    Lithonia, GA 30038
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    Realmo Value Estimation

    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.

    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.

    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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