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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2066 Park Pl Blvd Ste B Stone Mountain, GA 30087-3502

    • Warehouses
    • 17,953 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    $1,075,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1628212
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 2066 Park Pl Blvd Ste B

    Year built
    1982
    Lot size
    0.41 lot acres
    Property size
    17,953 SF
    Zone code
    CH-COMMERCIAL HIGHWAY
    Property type
    Warehouses
    APN
    R6060 078
    APU
    R6060078

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,460,000
      Market price range: $1.19M - $3.48M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.12
    Latitude
    33.8193
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,876
    $400
    $510,520
    $510,920
    -
    $1,000
    $1,276,300
    $1,277,300

    Comparable in this City

    • Value Estimation by Request

      2255 Park Pl Blvd

      WAREHOUSE, STORAGE
      2255 Park Pl Blvd, Stone Mountain, GA 30087-3506
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    • Value Estimation by Request
      1,120 SF

      6328 Rockbridge Rd

      WAREHOUSE, STORAGE • 1,120 SF
      6328 Rockbridge Rd, Stone Mountain, GA 30087
      View Details
    • Value Estimation
      $1,255,000
      12,994 SF

      2046 Park Pl Blvd

      STORAGE YARD, OPEN STORAGE • 12,994 SF
      2046 Park Pl Blvd, Stone Mountain, GA 30087-3536
      View Details
    • Value Estimation
      $2,275,000
      29,720 SF

      1939 Parker Ct

      STORAGE YARD, OPEN STORAGE • 29,720 SF
      1939 Parker Ct, Stone Mountain, GA 30087-3448
      View Details
    • Value Estimation by Request
      6,790 SF

      1813 Pounds Rd

      STORAGE YARD, OPEN STORAGE • 6,790 SF
      1813 Pounds Rd, Stone Mountain, GA 30087-3276
      View Details
    • Value Estimation by Request
      1,800 SF

      2108 Bentley Dr

      STORAGE YARD, OPEN STORAGE • 1,800 SF
      2108 Bentley Dr, Stone Mountain, GA 30087-3526
      View Details

    Similar Nearby for Sale

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      Prime Medical Office Opportunity

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      Residential Lot in Stone Mountain

      Residential lot in a desirable, established Stone Mountain community.
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      Two parcels of land totaling 4.29 acres available for sale.
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      Stone Mountain Retail Shopping Center

      5,250 SF, 3-unit shopping center in Stone Mountain, GA.
      5950 Hugh Howell Rd, Stone Mountain, GA 30087
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    • $379,900
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      Renovated Income-Generating Home

      Tenant-occupied, renovated 3 bed, 2 bath home in Stone Mountain.
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      Residential Land in Parkview District

      0.72 acre homesite with creek in established neighborhood.
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    Similar Nearby for Lease

    • Contact for pricing

      Flex/Warehouse Space For Lease

      Flex/Warehouse space available for lease.
      2300 W Park Pl. Blvd, Stone Mountain, GA 30087
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    • Contact for pricing

      Renovated Flex-Office Space Available

      Newly renovated flex-office space with tenant-controlled HVAC in Stone Mountain.
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      9,148 SF

      Stone Mountain Commercial Space Available

      Prime commercial space on busy Five Forks Trickum Road.
      5464 Five Forks Trickum Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,000 square feet.
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      Publix Anchored Retail Center

      Highly visible, fully leased retail center in growing area.
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      View Details
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      Retail Freestanding Building For Lease

      Retail freestanding building available for lease in neighborhood center.
      1475 E Park Place Blvd, Stone Mountain, GA 30087
      View Details
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    Stone Mountain, GA 30087-3502
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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