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Property profile & analytics
FOR LEASE
Life science properties
2230 Lithonia Industrial Blvd Lithonia, GA 30058
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0697609
For Lease
1 / 11
$7.50 SF/Yr
2230 Lithonia Industrial Blvd, Lithonia, GA 30058
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Property summary
AI-generated overview
This 14,442-square-foot warehouse, located at 2230 Lithonia Industrial Blvd in Lithonia, Georgia (zip code 30058), presents a significant opportunity for industrial businesses. The property sits on a 2.7-acre lot and is classified as a Class C building, constructed in 1970. The warehouse features a single tenancy, with the entire space currently vacant and ready for immediate occupancy. Ceiling heights range from 14 to 18 feet, providing ample vertical space for storage or operations. Access is facilitated by one dock-high door and one drive-in door, ensuring efficient loading and unloading. The property is zoned M-1, suitable for a variety of industrial uses. DeKalb County's strategic location within the greater Atlanta metropolitan area offers excellent access to transportation networks and a robust workforce. This single-tenant warehouse provides a cost-effective solution for businesses seeking a functional and well-located space to expand their operations. The property is available for lease.
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1970
Construction
WOOD FRAME
Total area
14,442 SF
Lot
2.48 ac (108,029 SF)
Zoning code
M
APN
16 122 02 004
UPID
US22-0697609
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
-
God's Faith Pavilion Church
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Faithful General Construction Co Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Lithonia 2 LLC · 2 yrs held
Lithonia 2 LLC
since 2024
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
M · Lithonia, 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 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,020,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Apr 16 2024)
Last sale anchor
$650k
Apr 16 2024
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
$45 / 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
$1,860
Tax year 2024
Assessed value
$408,080
Assessed 2024
Previous assessed
$408,080
+0.0% YoY
Effective rate
0.46%
On assessed value
Assessed land
$64,600
Assessed improvement
$343,480
Land market value
$161,500
Improvement market value
$858,700
Total market value
$1,020,200
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Lease
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
14,442 SF
Lot
2.48 ac (108,029 SF)
Zoning code
M
APN
16 122 02 004
UPID
US22-0697609
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
RETAIL STORES
Est. value
$1.0M
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
1970
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Lithonia 2 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2230 LITHONIA INDUSTRIAL BLVD, LITHONIA, GA 30058-4614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 23, 2024
—
Lithonia 2 LLC
—
Deed
related
$400,000 · Truist Bank
Apr 16, 2024
—
Lithonia 2 LLC
Gods Faith Pavilion Deliverance Min
Quit Claim Deed
related
—
Apr 16, 2024
$650,000
Lithonia 2 LLC
Gods Faith Pavilion Deliverance Min
Limited Warranty Deed
—
May 25, 2010
$400,000
Faith Pavilion Deliveranc Gods
Pilgrims Pride Corp
Grant Deed
—
—
—
Faith Pavilion Deliveranc Gods
—
Deed Of Trust
related
$360,000 · Pilgrims Pride Corp
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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