New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,630,000
Warehouses
2196 Park Ct, Stone Mountain, GA 30087-3528
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0085467
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1986
Total area
36,666 SF
Lot
4.71 ac (205,168 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6059 008
UPID
US22-0085467
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
-
PureRED Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
World Centric Corp · 3 yrs held
World Centric Corp
since 2022
5 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Stone Mountain, 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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$63,479
Tax year 2024
Assessed value
$1,738,920
Assessed 2024
Previous assessed
$1,394,000
+24.7% YoY
Effective rate
3.65%
On assessed value
Assessed land
$200,080
Assessed improvement
$1,538,840
Land market value
$500,200
Improvement market value
$3,847,100
Total market value
$4,347,300
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1986
Heating
YES
Cooling
NONE
Stories
1
Total area
36,666 SF
Lot
4.71 ac (205,168 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6059 008
UPID
US22-0085467
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Stone Mountain, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
YES
Cooling
Yes
Stories
1
Lot
4.71 ac
Current owner
From public records · entity-resolved
World Centric Corp
Entity
Free & Clear · 3 yrs held
Mailing address
1500 VLY HOUSE DR STE #210, ROHNERT PARK, CA 94928-4938
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
Dec 28, 2022
$4,260,000
World Centric Corp
Ga Communications INC
Warranty Deed
—
Dec 28, 2022
—
World Centric Corp
Ga Communications INC
Warranty Deed
—
Mar 27, 2006
$1,620,000
Ga Communications INC
Carter,gary A
Grant Deed
—
Mar 6, 2006
—
Ga Communications INC
Carter,gary A
Grant Deed
related
—
Jan 17, 2006
$1,620,000
Gary A Carter
Coronet Properties Co
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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