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Property profile & analytics
FOR LEASE
Warehouses
1835 E Park Place Blvd, Stone Mountain, GA 30087
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4581164
For Lease
1 / 30
$15 SF/Yr
1835 E Park Place Blvd, Stone Mountain, GA 30087
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Property summary
AI-generated overview
This exceptional industrial property, located at 1835 E Park Place Blvd in DeKalb County's Stone Mountain submarket, offers a total of 42,434 square feet of warehouse and distribution space. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant or multiple tenants. The property is divided into two suites, providing flexibility for businesses with varying space requirements. A minimum of 14,139 square feet is divisible, while the maximum contiguous space available is 28,295 square feet. This allows for businesses of various sizes to find a suitable space within this well-located facility. The property's "Warehouse, Distribution" subtype makes it ideal for companies needing ample storage and efficient logistics capabilities. Its location in the Stone Mountain submarket of DeKalb County offers excellent access to major transportation routes, ensuring seamless distribution and delivery operations. This is a prime opportunity to secure a substantial and versatile industrial space in a thriving area. Contact us today to schedule a viewing and explore the possibilities this property offers. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1987
Total area
26,380 SF
Lot
4.72 ac (205,603 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6061 097
UPID
US22-4581164
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
-
Multiprint + Design Marketing & Advertising Printing Service
-
The Jim Terry Group, LLC Military Base
-
Agape Life Coaching Service Establishment Consultant
-
webuyanycar.com Car Dealership
-
HCISI Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$6.07M
Owner & transaction history
Dig07 Mountain Park Place LLC · 3 yrs held
Dig07 Mountain Park Place LLC
since 2023
Last sale
$6.4M
4 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.5M
+162.4%
Restaurant
$7.1M
+121.8%
Retail stores
$7.1M
+121.3%
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
$7,165,000
ML approach
$5,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,450,000
Change: +162% · Conversion: Difficult
RESTAURANT
$7,145,000
Change: +122% · Conversion: Difficult
RETAIL STORES
$7,125,000
Change: +121% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,950,000
Change: +116% · Conversion: Moderate
OFFICE BUILDING
$6,440,000
Change: +100% · Conversion: Difficult
Blend value · Realmo final
$6.07M
Range $5.46M – $6.68M · ±10% · vs last sale $6.35M (Jun 8 2023)
Last sale anchor
$6.35M
Jun 8 2023
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
$230 / 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
$61,623
Tax year 2024
Assessed value
$2,377,840
Assessed 2024
Previous assessed
$1,636,800
+45.3% YoY
Effective rate
2.59%
On assessed value
Assessed land
$320,920
Assessed improvement
$2,056,920
Land market value
$802,300
Improvement market value
$5,142,300
Total market value
$5,944,600
Applied tax rate
1.0000
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
STORAGE YARD, OPEN STORAGE
Status
For Lease
Year built
1987
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
26,380 SF
Lot
4.72 ac (205,603 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6061 097
UPID
US22-4581164
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · 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
MEDICAL BUILDING
Est. value
$8.5M
RESTAURANT
Est. value
$7.1M
RETAIL STORES
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.4M
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.72 ac
Current owner
From public records · entity-resolved
Dig07 Mountain Park Place LLC
Entity
Mailing address
300 COLONIAL CTR PKWY STE 100N, ROSWELL, GA 30076-4892
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$6,350,000
Dig07 Mountain Park Place LLC
Oivf II Mountain Park LLC
Limited Warranty Deed
$4,500,000 · Standard Insurance
Oct 7, 2021
—
Oivf II Mountain Park LLC
Mi Park Place LLC
Quit Claim Deed
related
$4,464,860 · Huntington National Bank
Oct 7, 2021
$6,007,000
Oivf II Mountain Park LLC
Mi Park Place LLC
Limited Warranty Deed
$4,464,860 · Huntington National Bank
Jul 19, 2021
$4,100,000
Mi Park Place LLC
Mountain Park Place Associates LLP
Limited Warranty Deed
$3,300,000 · Southern States 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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