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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1551 Juliette Dr Stone Mountain, GA 30083-1509

    • Office buildings
    • 50,816 SF
    • 22.75 lot acres
    OFF-MARKET
    Value Estimations
    $10,790,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1160387
    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

    • Office buildings

    Property Details for 1551 Juliette Dr

    Year built
    1974
    Lot size
    22.75 lot acres
    Property size
    50,816 SF
    Zone code
    M
    Property type
    Office buildings
    APN
    18 137 01 009
    APU
    1813701009

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $12,095,000
      6.5%
      $11,165,000
      7%
      $10,370,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,632,000
      Market price range: $5.10M - $14.6M
      AI Estimate
      $6,569,000
      Market price range: $1.90M - $6.57M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,805,000
      Current use
      RESTAURANT
      $13,760,000
      Change: +56% Conversion: Moderate
      RETAIL STORES
      $12,855,000
      Change: +46% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $10,950,000
      Change: +24% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $9,570,000
      Change: +9% Conversion: Difficult
      MEDICAL BUILDING
      $9,545,000
      Change: +8% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1769
    Latitude
    33.8256
    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
    $423,619
    $1,978,825
    $7,340,455
    $9,319,280
    -
    $4,947,063
    $18,351,137
    $23,298,200

    Comparable in this City

    • Value Estimation by Request
      2,450 SF

      5207 Brer Rabbit Rd

      OFFICE BUILDING • 2,450 SF
      5207 Brer Rabbit Rd, Stone Mountain, GA 30083-1317
      View Details
    • Value Estimation
      $900,000
      7,540 SF

      925 Main St

      OFFICE BUILDING • 7,540 SF
      925 Main St, Stone Mountain, GA 30083-3098
      View Details
    • Value Estimation by Request
      1,150 SF

      6252 Memorial Dr

      OFFICE BUILDING • 1,150 SF
      6252 Memorial Dr, Stone Mountain, GA 30083-2809
      View Details
    • Value Estimation
      $505,000
      2,457 SF

      6181 Memorial Dr

      OFFICE BUILDING • 2,457 SF
      6181 Memorial Dr, Stone Mountain, GA 30083-2806
      View Details
    • Value Estimation by Request
      3,523 SF

      5411 Memorial Dr

      OFFICE BUILDING • 3,523 SF
      5411 Memorial Dr, Stone Mountain, GA 30083-3213
      View Details
    • Value Estimation by Request
      1,800 SF

      6107 Memorial Dr

      OFFICE BUILDING • 1,800 SF
      6107 Memorial Dr, Stone Mountain, GA 30083-2806
      View Details

    Similar Nearby for Sale

    • $700,000
      5,600 SF

      Vacant Office Building on Memorial

      5,600 SF vacant building on 0.48 AC lot.
      6287 Memorial Dr, Stone Mountain, GA 30083
      View Details
    • Contact for pricing
      14,830 SF

      Stone Mountain Medical/Office Space

      14,466 SF medical/office space for sale near I-285.
      5462 Memorial Dr, Stone Mountain, GA 30083
      View Details
    • $159,000
      1,178 SF

      Inviting Home with Updated Interior

      Comfortable home featuring a fireplace, walk-in closet, and fresh updates.
      4279 Orchard Grv, Stone Mountain, GA 30083
      View Details
    • $160,000
      1,177 SF

      Charming Stone Mountain Home

      2-bedroom, 2-bathroom home with fireplace and stainless appliances.
      4028 Orchard Hill Ter, Stone Mountain, GA 30083
      View Details
    • $58,900
      0.24 Acres

      Land Near Shopping, Stone Mountain

      Commercial land in Stone Mountain, near shopping with high foot traffic.
      405 N Hairston Rd, Stone Mountain, GA 30083
      View Details
    • $75,000
      0.50 Acres

      Stone Mountain Corner Lot

      Half-acre lot in Stone Mountain, build your dream home.
      438 Hickory Hills Trl, Stone Mountain, GA 30083
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Stone Mountain Office/Medical Space Available

      Office and medical spaces available in Stone Mountain area.
      900 N Hairston Rd, Stone Mountain, GA 30083
      View Details
    • $8 SF/Yr
      6,526 SF

      Stone Mountain Office Space Available

      Office space for lease in a convenient Stone Mountain location.
      1600 Mountain Industrial Blvd, Stone Mountain, GA 30083
      View Details
    • Contact for pricing
      51,328 SF

      Stone Mountain Retail Space Available

      High-traffic retail space, 1,600 sq ft.
      5978 Memorial Dr, Stone Mountain, GA 30083
      View Details
    • Contact for pricing

      Retail Space Near I-285

      Former Walgreens location with high traffic and retail proximity.
      Stone Mountain, GA 30083
      View Details
    • $15 SF/Yr
      1,720 SF

      Stone Mountain Retail Space

      Prime Downtown Location, 1720 sq ft
      929 Main St, Stone Mountain, GA 30083
      View Details
    • Contact for pricing
      37,987 SF

      Rockmor Plaza Retail Center

      Stone Mountain retail space available
      4871 Memorial Dr, Stone Mountain, GA 30083
      View Details
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    Stone Mountain, GA 30083-1509
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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