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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Commercial land
202 Atlanta Rd Stockbridge, GA 30281-3414
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4720758
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2004
Total area
3,466 SF
Lot
1.94 ac (84,376 SF)
Zoning code
C2
APN
S24-01001003
UPID
US22-4720758
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
-
Liberty Auto Repair & Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$945k
Owner & transaction history
Royal Investment Property LLC · 4 yrs held
Royal Investment Property LLC
since 2022
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
C2 · Stockbridge, 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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$975,000
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$650,000
7%
$600,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$775,000
Current use
AUTO REPAIR, GARAGE
$715,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$695,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $1.10M (May 20 2022)
Last sale anchor
$1.10M
May 20 2022
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
$273 / 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
$4,094
Tax year 2024
Assessed value
$106,320
Assessed 2024
Previous assessed
$106,320
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$106,320
Land market value
$265,800
Total market value
$265,800
Applied tax rate
3.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
3,466 SF
Lot
1.94 ac (84,376 SF)
Zoning code
C2
APN
S24-01001003
UPID
US22-4720758
Jurisdiction
HENRY
Zoning & alternative use
C2 · Stockbridge, GA
Zoning C2 · permitted uses
C2 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$715,000
RETAIL STORES
Est. value
$695,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2004
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
Royal Investment Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
106 JOHN R WILLIAMS PKWY, MCDONOUGH, GA 30252-8955
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$1,100,000
Royal Investment Property LLC
Harbour Retail Partners Fund Pooler
Warranty Deed
—
Oct 26, 2018
$335,000
Harbour Retail Ptrs Fund Poole
Hrp Stockbridge LLC
Grant Deed
related
—
Aug 1, 2018
$335,000
Hrp Stockbridge LLC
Celtic Group Ltd
Grant Deed
—
May 29, 2007
$290,000
The Celtic Group Ltd
Branch,banking Trust C
Grant Deed
—
Jul 13, 2004
$580,000
Robinson Village LLC
Stockbridge Lakes LLC
Grant Deed
$1,400,000 · Bank Of Redlands
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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