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Property profile & analytics
OFF-MARKET
Estimated value
$14,185,000
Warehouses
1400 Rock Mtn Blvd, Stone Mountain, GA 30083-1506
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0985436
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
160,943 SF
Lot
10.87 ac (473,497 SF)
Zoning code
X
APN
18 124 03 001
UPID
US22-0985436
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.29M
CAP Approach
CAP
$18.18M
Comparable Approach
Comparable
$16.96M
Blend (final)
Blend
$14.19M
Owner & transaction history
Lit Industrial LP · 5 yrs held
Lit Industrial LP
since 2020
Last sale
$13.0M
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
$13,685,000
ML approach
$10,290,000
CAP Approach
CAP Return
Estimation
6%
$19,690,000
6.5%
$18,175,000
7%
$16,880,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,395,000
Current use
Blend value · Realmo final
$14.19M
Range $12.77M – $15.60M · ±10% · vs last sale $13.00M (Sep 22 2020)
Last sale anchor
$13.00M
Sep 22 2020
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
$88 / 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
$266,828
Tax year 2024
Assessed value
$5,293,600
Assessed 2024
Previous assessed
$5,293,600
+0.0% YoY
Effective rate
5.04%
On assessed value
Assessed land
$473,480
Assessed improvement
$4,820,120
Land market value
$1,183,700
Improvement market value
$12,050,300
Total market value
$13,234,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Bathrooms
0
Total area
160,943 SF
Lot
10.87 ac (473,497 SF)
Zoning code
X
APN
18 124 03 001
UPID
US22-0985436
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
WAREHOUSE, STORAGE Current
Est. value
$19.4M
WAREHOUSE, STORAGE Current
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
2020
Heating
NONE
Stories
1
Bathrooms
0
Lot
10.87 ac
Current owner
From public records · entity-resolved
Lit Industrial LP
Entity
Mailing address
PO BOX 433, STONE MOUNTAIN, GA 30086-0433
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
—
Lit Industrial LP
Pme Oakmont Rock Mountain LLC
Quit Claim Deed
related
—
Sep 22, 2020
$13,000,000
Lit Industrial LP
Pme Oakmont Rock Mountain LLC
Grant Deed
—
Nov 22, 2019
—
Pme Oakmont Rock Mountain LLC
—
Deed
related
$7,624,840 · Bank Of Tx
Sep 20, 2019
—
Pme Oakmont Rock Mountain LLC
Stone Mtn Indl Pk INC
Quit Claim Deed
related
—
Sep 20, 2019
$1,151,200
Pme Oakmont Rock Mountain LLC
Stone Mtn Indl Pk INC
Grant Deed
—
Mar 2, 2016
$1,163,900
Stone Mountain Industrial Park
Gwinnett Industries INC
Grant Deed
—
—
—
Pme Oakmont Rock Mountain LLC
—
Deed Of Trust
related
$7,624,840 · Bank Of Tx
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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