Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2088 Glacier Dr Stone Mountain, GA 30087-1506
    Back to Search
    Property profile & analytics

    2088 Glacier Dr Stone Mountain, GA 30087-1506

    View on Map
    • Commercial real estate
    • 3,063 SF
    • 2.90 lot acres
    Off-Market
    Property ID
    US22-4499823
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rosenfeld Park / City Park
    • Rosenfeld Pool / Swimming Pool / Gym & Fitness Center

    Property Details for 2088 Glacier Dr

    Lot size
    2.90 lot acres
    Property size
    3,063 SF
    Zone code
    R150
    Property type
    Commercial real estate
    APN
    18 181 01 011
    APU
    1818101011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1657
    Latitude
    33.8438
    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
    $467
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      Old Tucker Rd

      COMMERCIAL (GENERAL) • 0.13 Acres
      Old Tucker Rd, Stone Mountain, GA 30087
      View Details
    • Value Estimation by Request
      2,080 SF

      1744 Trotters Ln

      COMMERCIAL (GENERAL) • 2,080 SF
      1744 Trotters Ln, Stone Mountain, GA 30087
      View Details
    • Value Estimation by Request
      84,265 SF

      2076 Park Pl Blvd

      COMMON AREA (COMMERCIAL) • 84,265 SF
      2076 Park Pl Blvd, Stone Mountain, GA 30087-3530
      View Details
    • Value Estimation
      $525,000
      2,630 SF

      2425 Park Pl Blvd

      COMMERCIAL (GENERAL) • 2,630 SF
      2425 Park Pl Blvd, Stone Mountain, GA 30087-3565
      View Details
    • Value Estimation by Request
      0.41 Acres

      1944 Rockbridge Rd

      COMMERCIAL (GENERAL) • 0.41 Acres
      1944 Rockbridge Rd, Stone Mountain, GA 30087-3334
      View Details
    • Value Estimation
      $655,000
      5,000 SF

      1132 Rockbridge Rd

      COMMERCIAL (GENERAL) • 5,000 SF
      1132 Rockbridge Rd, Stone Mountain, GA 30087-2903
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Stone Mountain Retail Shopping Center

      5,250 SF, 3-unit shopping center in Stone Mountain, GA.
      5950 Hugh Howell Rd, Stone Mountain, GA 30087
      View Details
    • $1,695,000

      Land For Sale

      Land available for sale in Stone Mountain, Georgia.
      2424 Rockbridge Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing
      12,750 SF

      4.29 Acres of Commercial Land

      Two parcels of land totaling 4.29 acres available for sale.
      1935 Glenn Club Dr, Stone Mountain, GA 30087
      View Details
    • New
      $69,900
      0.75 Acres

      Land Near Atlanta and Airport

      0.75 acre lot near Atlanta, suitable for building.
      425 N Deshong Rd, Stone Mountain, GA 30087
      View Details
    • $49,000
      0.46 Acres

      Residential Lot in Stone Mountain

      Residential lot in a desirable, established Stone Mountain community.
      417 Arbor Ridge Dr, Stone Mountain, GA 30087
      View Details
    • $49,000
      0.46 Acres

      Residential Lot in Stone Mountain

      Residential lot in established community, ideal for new construction.
      417 Arbor Ridge Dr, Stone Mountain, GA 30087
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Highway 78

      Retail spaces available near major retailers and Highway 78.
      5295 Stone Mountain Fwy, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,000 square feet.
      1525 E Park Place Blvd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      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
    • $3,500 /Mo

      Commercial Space for Rent

      Commercial property suitable for various business types, zoned commercial.
      1152 Rockbridge Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Publix Anchored Retail Center

      Highly visible, fully leased retail center in growing area.
      380 N Deshon Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Renovated Flex-Office Space Available

      Newly renovated flex-office space with tenant-controlled HVAC in Stone Mountain.
      1835 E Park Place Blvd, Stone Mountain, GA 30087
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2088 Glacier Dr
    Stone Mountain, GA 30087-1506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2088 Glacier Dr, Stone Mountain, GA, 30087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!