1851 Market St Lithia Springs, GA 30122
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$550k
Range $495k – $605k (±10%)
Property ID
US22-2468844
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2008
Construction
STEEL FRAME
Total area
24,952 SF
Lot
0.57 ac (24,829 SF)
Zoning code
DCD
APN
0162-01-5- -00024
UPID
US22-2468844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.67M
Comparable Approach
Comparable
$3.95M
Blend (final)
Blend
$550k
Owner & transaction history
Zoning & alternative use
DCD · Lithia Springs, GA
Top alternative use upside
Office building
$3.7M
+15.1%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$550k
Value range
$495k – $605k
±10% around blend
Estimated value / SF
$22 / SF
Confidence
None
2 county-verified comps
Property data
88
Comparable evidence
20
$495k
blend $550k
$605k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
24,952 SF
Lot area
0.57 ac
Year built
2008
Stories
2
APN
0162-01-5- -00024
Assessed value
$759,000
Annual tax
$30,978
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.67M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.06M
@ 6.5% CAP return
$4.67M
@ 7% CAP return
$4.33M
4
Sales comparison
Partial preview
Sales approach indication
$3.95M
Weighted, 0 comps · none confidence
Evidence
2 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$550k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+15%
vs current-use indication
Commercial (general) · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$759k
Move the market yield to see immediate price impact.
Value / SF
$30
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
5.00%7.00%9.00%
$48k
$956k
$683k
$531k
$53k
$1.06M
$759k
$590k
$58k
$1.17M
$835k
$649k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,978
Tax year 2023
Assessed value
$759,000
Assessed 2023
Previous assessed
$759,000
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$44,680
Assessed improvement
$714,320
Land market value
$111,700
Improvement market value
$1,785,800
Total market value
$1,897,500
Applied tax rate
3.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
24,952 SF
Lot
0.57 ac (24,829 SF)
Zoning code
DCD
APN
0162-01-5- -00024
UPID
US22-2468844
Jurisdiction
DOUGLAS
Zoning & alternative use
DCD · Lithia Springs, GAZoning DCD · permitted uses
DCD · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
DCD
Jurisdiction
Lithia Springs, GA
Recorded code
DCD
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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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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