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Property profile & analytics
OFF-MARKET
Estimated value
$5,275,000
Refrigerated & Cold Storage
2200 Lithonia Industrial Blvd Lithonia, GA 30058-4614
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0251384
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1980
Total area
51,072 SF
Lot
14.94 ac (650,786 SF)
Zoning code
M
APN
16 122 02 006
UPID
US22-0251384
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
-
P&M Cash Four Cars Auto Parts Store Waste Management Facility
-
GA Paving Guys General Contractor Construction Company
-
Phat farm baker boys industries Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.77M
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$5.28M
Owner & transaction history
Charterbank · 15 yrs held
Charterbank
since 2010
5 recorded transactions
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.5M
+125.7%
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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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%
$6,250,000
6.5%
$5,770,000
7%
$5,355,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,785,000
Current use
RETAIL STORES
$8,545,000
Change: +126% · Conversion: Moderate
Blend value · Realmo final
$5.28M
Range $4.75M – $5.80M · ±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
$103 / 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
$161,471
Tax year 2024
Assessed value
$2,900,000
Assessed 2024
Previous assessed
$6,402,200
-54.7% YoY
Effective rate
5.57%
On assessed value
Assessed land
$116,000
Assessed improvement
$2,784,000
Land market value
$290,000
Improvement market value
$6,960,000
Total market value
$7,250,000
Applied tax rate
80.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
6
Stories
1
Total area
51,072 SF
Lot
14.94 ac (650,786 SF)
Zoning code
M
APN
16 122 02 006
UPID
US22-0251384
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GA
Zoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
RETAIL STORES
Est. value
$8.5M
WAREHOUSE, STORAGE Current
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
1980
Heating
NONE
Stories
1
Buildings
6
Lot
14.94 ac
Current owner
From public records · entity-resolved
Charterbank
Individual
Mailing address
4300 CHURCH RD, CENTREVILLE, IL 62207-1378
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Feb 16, 2017
—
2200 Lithonia LLC
—
Loan Modification
related
$5,300,000 · Umb Bk
Aug 29, 2016
—
2200 Lithonia LLC
—
Deed
related
$1,200,000 · Umb Bank
Nov 15, 2010
—
Charterbank
Mcintosh Coml Bk
Grant Deed
—
Feb 27, 2008
$3,825,000
Mcintosh Commercial Bank
Jm Real Estate Holdings Ll
Grant Deed
related
—
—
—
Jm Real Estate Holdings LLC
—
Deed Of Trust
related
$2,313,000 · Georgia Sm Bus Cap
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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