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Property profile & analytics
OFF-MARKET
Day care centers
1640 Redan E Lithonia, GA 30058-5367
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-4088122
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2001
Total area
8,345 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M
APN
16 101 03 019
UPID
US22-4088122
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
-
Westend Lighthouse Fellowship Church Mosque
-
Newcreation517 Association / Organization
-
School Kids Club Daycare Center
-
gracechurchlithonia Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lighthouse Fellowship Westend · 15 yrs held
Lighthouse Fellowship Westend
since 2010
3 recorded transactions
Zoning & alternative use
M · Lithonia, 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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$667
Tax year 2024
Assessed value
$267,720
Assessed 2024
Previous assessed
$267,720
+0.0% YoY
Effective rate
0.25%
On assessed value
Assessed land
$68,640
Assessed improvement
$199,080
Land market value
$171,600
Improvement market value
$497,700
Total market value
$669,300
Applied tax rate
80.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
0
Total area
8,345 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M
APN
16 101 03 019
UPID
US22-4088122
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GA
Zoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.03 ac
Current owner
From public records · entity-resolved
Lighthouse Fellowship Westend
Individual
Mailing address
PO BOX 1920, LITHONIA, GA 30058-1029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2010
$395,000
Lighthouse Fellowship Westend
Ib Property Holdings LLC
Grant Deed
—
Oct 4, 2007
—
William L Patterson
Mjj Associates LLC
Grant Deed
related
—
—
—
William L Patterson
—
Deed Of Trust
related
$637,500 · American Trust 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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