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Property profile & analytics
OFF-MARKET
Estimated value
$8,280,000
Industrial properties
213 Thornton Rd Lithia Springs, GA 30122-1551
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1596723
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1998
Construction
CONCRETE BLOCKS
Total area
115,088 SF
Lot
18.24 ac (794,534 SF)
Zoning code
PUD
APN
0315-18-2- -00001
UPID
US22-1596723
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
-
Tectonics Engineering Consultant
-
Streetside Classics - Atlanta Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.79M
Comparable Approach
Comparable
$5.74M
Blend (final)
Blend
$8.28M
Owner & transaction history
Np Atlanta Infill Indl LLC · 8 yrs held
Np Atlanta Infill Indl LLC
since 2017
3 recorded transactions
Zoning & alternative use
PUD · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.3M
+29.6%
Warehouse, storage
$10.4M
+0.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,685,000
6.5%
$10,785,000
7%
$10,015,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,280,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,315,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$10,370,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$8.28M
Range $7.45M – $9.11M · ±10%
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
$72 / 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
$141,596
Tax year 2024
Assessed value
$4,500,400
Assessed 2024
Previous assessed
$3,120,000
+44.2% YoY
Effective rate
3.15%
On assessed value
Assessed land
$525,320
Assessed improvement
$3,975,080
Land market value
$1,313,300
Improvement market value
$9,937,700
Total market value
$11,251,000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
SPACE
Buildings
2
Stories
1
Total area
115,088 SF
Lot
18.24 ac (794,534 SF)
Zoning code
PUD
APN
0315-18-2- -00001
UPID
US22-1596723
Jurisdiction
DOUGLAS
Zoning & alternative use
PUD · Lithia Springs, GA
Zoning 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
Lithia Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.3M
WAREHOUSE, STORAGE
Est. value
$10.4M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1998
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Buildings
2
Lot
18.24 ac
Current owner
From public records · entity-resolved
Np Atlanta Infill Indl LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2 SEAPORT LN, BOSTON, MA 02210-2001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2017
$7,600,000
Np Atlanta Infill Indl LLC
Crp-2 Hamilton Westfork LLC
Grant Deed
—
Dec 13, 2007
$7,250,000
Crp-2 Hamilton Westfork LLC
Industrial Prop Fund III
Grant Deed
—
—
—
Crp 2 Hamilton Westfork LLC
—
Deed Of Trust
related
$25,000 · 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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