Individually Owned 
For Sale
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1747 Rock Chapel Rd, Lithonia, GA 30058
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Property summary
AI-generated overview
This expansive 10,624 square foot industrial property, situated on 0.6 acres at 1747 Rock Chapel Road in Lithonia, Georgia, presents a remarkable opportunity for a variety of commercial ventures. Its prime location on the busy Scenic Highway/Highway 124 ensures high visibility and accessibility. The building offers ample space for diverse uses, including but not limited to a mechanic shop, storage facility for personal or commercial items, or a light industrial operation. The layout includes multiple spacious office areas and a waiting area, providing a functional and comfortable workspace. The property's substantial size and versatile design allow for customization to suit specific business needs. This is an exceptional chance to acquire a well-located industrial building with significant potential for growth and profitability in a thriving area. The asking price is $1,500,000. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
7,328 SF
Lot
0.64 ac (27,878 SF)
Zoning code
M
APN
16 188 01 005
UPID
US22-0823876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
since 2023
Last sale
$400,000
3 recorded transactions
Zoning & alternative use
M · Lithonia, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$355k
Value range
$320k – $391k
±10% around blend
Estimated value / SF
$48 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
Income certainty
100
$320k
blend $355k
$391k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,328 SF
Lot area
0.64 ac
Year built
1973
Stories
1
APN
16 188 01 005
Zoning
M
Assessed value
$292,680
Annual tax
$13,835
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$13,835
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.12M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.7 mi away · 9,000 SF
11.0 mi away · 7,660 SF
16.7 mi away · 7,875 SF
22.7 mi away · 6,290 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$355k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$74
-35%
Submarket 63 sales
$87
-44%
County 267 sales
$140
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $48/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.25%
Selected cap rate for this warehouses
Derived from the Lithonia market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.25%
9.0%
NOI (est.)
$78k *
Last sale · Nov 2023
$400k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.08M
Move the market yield to see immediate price impact.
Value / SF
$147
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.75%7.25%7.75%
$70k
$1.04M
$968k
$906k
$78k
$1.16M
$1.08M
$1.01M
$86k
$1.27M
$1.18M
$1.11M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$700k
3.3 mi · Mar 2026 · $124/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,835
Tax year 2024
Assessed value
$292,680
Assessed 2024
Previous assessed
$299,880
-2.4% YoY
Effective rate
4.73%
On assessed value
Assessed land
$19,480
Assessed improvement
$273,200
Land market value
$48,700
Improvement market value
$683,000
Total market value
$731,700
Applied tax rate
80.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1973
Heating
NONE
Buildings
2
Stories
1
Total area
7,328 SF
Lot
0.64 ac (27,878 SF)
Zoning code
M
APN
16 188 01 005
UPID
US22-0823876
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GAZoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Buildings
2
Lot
0.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M
Jurisdiction
Lithonia, GA
Recorded code
M
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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