Property profile

2520 Hollingsworth St Lithonia, GA 30058

OFF-MARKET
Office buildings
Property ID
US22-0674431
2,307 SF 0.09 ac lot Built 1940
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 2,600-square-foot commercial building is located in Lithonia’s historic downtown on a 1-acre lot near Interstate 20, with connectivity to major roads and public transportation. The property includes a drive-through area and one office accessed through a private, separate entry, along with eight additional offices, a reception area, and a kitchenette, and it uses shared bathroom facilities. Off-street parking is available for employees and visitors. The layout and configuration support a range of commercial uses such as financial services, restaurants, tax-related businesses, medical office use, and professional service or small office applications, as well as certain food-service concepts associated with drive-through operations. The surrounding area includes retail, dining, and cultural landmarks, and the property is in proximity to Historic Stone Mountain Park, Arabia Mountain, and Panola State Park.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Construction WOOD FRAME
Total area 2,307 SF
Lot 0.09 ac (4,095 SF)
Zoning code C1
APN 16 153 14 002
UPID US22-0674431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Environmental Consultant
  • Apartment Complex
  • Tax Preparation

Location

2520 Hollingsworth St Lithonia, GA 30058-4424
Lithonia metro Census 23317 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$225k

Owner & transaction history

since 2023
Last sale
$40,000
7 recorded transactions
2023
Price N/A
2016
$166,700
2010
$166,700
2005
$40,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Lithonia, GA
Zoning description

The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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