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Property profile & analytics
OFF-MARKET
Estimated value
$5,785,000
Manufacturing properties
2250 Stephenson Rd Lithonia, GA 30058-5870
Entity Owned
Free & Clear
Property ID
US22-1121257
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Total area
33,430 SF
Lot
0.03 ac (1,482 SF)
Zoning code
X
APN
16 196 01 001
UPID
US22-1121257
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
-
Lithonia Asphalt Co General Contractor Construction Company
-
Quikrete Building Supply
-
Pittman Construction Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.79M
Owner & transaction history
QUIKCRETE HANDI CRETE CO
QUIKCRETE HANDI CRETE CO
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.2M
+34.1%
Apartment house (5+ units)
$7.1M
+31.3%
Neighborhood: shopping center
$6.3M
+17.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,370,000
Current use
AUTO REPAIR, GARAGE
$7,205,000
Change: +34% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,050,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,295,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$6,280,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$5,810,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$5,590,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$5.79M
Range $5.21M – $6.36M · ±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
$173 / 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
$45,089
Tax year 2024
Assessed value
$1,027,320
Assessed 2024
Previous assessed
$1,925,320
-46.6% YoY
Effective rate
4.39%
On assessed value
Assessed improvement
$1,027,320
Improvement market value
$2,568,300
Total market value
$2,568,300
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
2
Stories
1
Total area
33,430 SF
Lot
0.03 ac (1,482 SF)
Zoning code
X
APN
16 196 01 001
UPID
US22-1121257
Jurisdiction
DE KALB
Zoning & alternative use
X · Lithonia, GA
Zoning X · permitted uses
X · 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
INDUSTRIAL (GENERAL) Current
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.3M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1994
Heating
NONE
Stories
1
Buildings
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
QUIKCRETE HANDI CRETE CO
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 80615, INDIANAPOLIS, IN 46280-0615
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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