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Property profile & analytics
OFF-MARKET
Warehouses
1747 Rock Chapel Rd Lithonia, GA 30058-5102
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-0823876
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dexters Auto Lab Auto Repair Shop
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
Audain Sylvester Donna Charmaine Tr · 2 yrs held
Audain Sylvester Donna Charmaine Tr
since 2023
Last sale
$400,000
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
$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
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
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, 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
1973
Heating
NONE
Stories
1
Buildings
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Audain Sylvester Donna Charmaine Tr
Individual
Free & Clear · 2 yrs held
Mailing address
1747 ROCK CHAPEL RD, LITHONIA, GA 30058-5102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 17, 2023
—
Audain Sylvester Donna Charmaine Tr
Sylvester Dexter
Quit Claim Deed
related
—
Apr 26, 2007
—
Dexter Sylvester
Sylvester,dexter
Quit Claim Deed
related
—
Oct 18, 2005
$400,000
Dexter Sylvester
Hal Moore INC
Warranty Deed
—
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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