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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Automotive properties
1981 Thornton Rd Lithia Springs, GA 30122-2633
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1817552
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1999
Construction
WOOD FRAME
Total area
15,732 SF
Lot
3.41 ac (148,540 SF)
Zoning code
PUD
APN
0481-18-2- -00003
UPID
US22-1817552
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
-
Hoover Volkswagen Lithia Springs Car Dealership
-
Sutherlin Volkswagen Lithia Springs Service Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$3.77M
Owner & transaction history
Vmmh Lithia Springs LLC · 2 yrs held
Vmmh Lithia Springs LLC
since 2023
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
PUD · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+206.1%
Medical building
$3.3M
+68.5%
Office building
$3.0M
+56.7%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$3,130,000
ML approach
$3,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,925,000
Change: +206% · Conversion: Difficult
MEDICAL BUILDING
$3,265,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$3,035,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±10% · vs last sale $4.50M (Dec 15 2023)
Last sale anchor
$4.50M
Dec 15 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
$239 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,276
Tax year 2023
Assessed value
$983,440
Assessed 2023
Previous assessed
$983,440
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$323,440
Assessed improvement
$660,000
Land market value
$808,600
Improvement market value
$1,650,000
Total market value
$2,458,600
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1999
Construction
WOOD FRAME
Heating
GRAVITY
Cooling
CENTRAL
Stories
1
Total area
15,732 SF
Lot
3.41 ac (148,540 SF)
Zoning code
PUD
APN
0481-18-2- -00003
UPID
US22-1817552
Jurisdiction
DOUGLAS
Zoning & alternative use
PUD · Lithia Springs, GAZoning PUD · permitted uses
PUD · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.0M
RESTAURANT
MEDICAL BUILDING
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
1999
Construction
WOOD FRAME
Heating
GRAVITY
Cooling
Yes
Stories
1
Lot
3.41 ac
Current owner
From public records · entity-resolved
Vmmh Lithia Springs LLC
Entity
Mailing address
1981 THORNTON RD, LITHIA SPRINGS, GA 30122-2633
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
$4,500,000
Vmmh Lithia Springs LLC
Lithia Springs Auto Land LLC
Quit Claim Deed
$3,825,000 · Ally Bank
Nov 6, 2020
—
Lithia Springs Auto Land LLC
—
Deed
related
$2,120,000 · Bank Of America
Sep 2, 2020
—
Lithia Springs Auto Land LLC
Hodge Lithia Springs Hldgs LLC
Quit Claim Deed
related
—
Sep 2, 2020
$2,650,000
Lithia Springs Auto Land LLC
Hodge Lithia Springs Hldgs LLC
Grant Deed
related
—
Sep 10, 2019
—
Hodge Lithia Springs Hldgs LLC
—
Deed
related
$1,400,000 · Ally Bk
Dec 18, 2013
$2,100,000
Hodge Lithia Springs Holdings
Volkswagen Group Of America INC
Grant Deed
related
$1,785,000 · Branch Banking & Trust Co
—
—
Hodge Lithia Springs Hldgs LLC
—
Deed Of Trust
related
$1,400,000 · Ally Bk
—
—
Lithia Springs Auto Land LLC
—
Deed Of Trust
related
$2,120,000 · Bank Of America
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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