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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Warehouses
2442 Stone Mtn Lithonia Rd Lithonia, GA 30058-5247
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0816655
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
9,434 SF
Lot
1.63 ac (70,785 SF)
Zoning code
X
APN
16 134 02 002
UPID
US22-0816655
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
-
Plumtech Plumbing & Heating Plumbing Service General Contractor
-
bklyn tech bicycles (Bike/Boat/Book/etc) Store
-
SOUTHERN COMFORT CHARTERS Travel Agency Tour Operator
-
Butler's Extreme Training Training Center
-
S & D Auto Sales LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.15M
Owner & transaction history
Atl Ci I 20 9 LLC · 1 yrs held
Atl Ci I 20 9 LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+154.2%
Medical building
$1.8M
+153.5%
Office building
$1.6M
+134.5%
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
$1,245,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$700,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,775,000
Change: +154% · Conversion: Moderate
MEDICAL BUILDING
$1,770,000
Change: +153% · Conversion: Difficult
OFFICE BUILDING
$1,640,000
Change: +135% · Conversion: Difficult
RETAIL STORES
$1,580,000
Change: +126% · Conversion: Moderate
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.12M (Oct 25 2021)
Last sale anchor
$1.12M
Oct 25 2021
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
$121 / 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
$42,637
Tax year 2024
Assessed value
$903,080
Assessed 2024
Previous assessed
$924,080
-2.3% YoY
Effective rate
4.72%
On assessed value
Assessed land
$35,784
Assessed improvement
$867,296
Land market value
$89,460
Improvement market value
$2,168,240
Total market value
$2,257,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
2
Stories
1
Total area
9,434 SF
Lot
1.63 ac (70,785 SF)
Zoning code
X
APN
16 134 02 002
UPID
US22-0816655
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
WAREHOUSE, STORAGE Current
Est. value
$700,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE Current
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
1972
Heating
NONE
Stories
1
Buildings
2
Lot
1.63 ac
Current owner
From public records · entity-resolved
Atl Ci I 20 9 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1230 ROSECRANS AVE STE #270, MANHATTAN BEACH, CA 90266-2472
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
$2,013,044
Atl Ci I 20 9 LLC
Ci Growth 212 LLC
Quitclaim Deed
—
Oct 25, 2021
$1,116,396
Ci Growth 212 LLC
Jerry M Andes
Limited Warranty Deed
—
May 26, 2021
$4,481
K2 Real Estate Holdings LLC
Matthew S Mcclintock
Limited Warranty Deed
—
Dec 12, 2019
$19,100
Stephen Farrar
Carlos Warehouse Holdings LLC
Grant Deed
—
Jan 15, 2019
$1,700
Michael D Auria
Reid,cydney N
Grant Deed
related
—
May 17, 2018
—
Andes,jerry M Living Trust
Andes,jerry M
Quit Claim Deed
related
—
Sep 7, 2017
—
Steve Kennedy
NA Management Properties LLC
Grant Deed
related
—
Aug 23, 2017
$89,731
NA Management Properties LLC
2009 Kimberly O Trust
Warranty Deed
—
Jan 28, 2016
—
Andes,david Trust
Andes,david M
Quit Claim Deed
related
—
Feb 27, 2014
—
Bette M Hagan
Makover Frances K Trust
Grant Deed
related
—
Nov 20, 2013
—
Deborah J Pino-sabalett
Pino Frank A Trust
Quit Claim Deed
related
—
Oct 29, 2008
—
Maxine P Makover
Makover,maxine P
Quit Claim Deed
related
—
Jul 1, 2008
—
Maxine P Makover
Makover,maxine P
Quit Claim Deed
related
—
Jun 10, 2008
—
Maxine Parker Makover
Makover,sylvan
Quit Claim Deed
related
—
Mar 7, 2007
—
Marguerite V O'brien
Obrien,robert E
Quit Claim Deed
related
—
Feb 19, 2004
—
Bradford C Lipman
Lipman,bradford C & Lawrence A
Quit Claim Deed
related
—
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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