Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2746 Evans Mill Rd Lithonia, GA 30058
    Back to Search
    Property profile & analytics

    2746 Evans Mill Rd Lithonia, GA 30058

    View on Map
    • Retail space
    • 8,400 SF
    • 1.13 lot acres
    For Sale
    $749,000
    View Listing →
    Lithonia Warehouse on One Acre For Sale
    $749,000
    9,036 SF

    Lithonia Warehouse on One Acre

    9,036 SF warehouse on 1 acre in Lithonia, GA.

    2746 Evans Mill Rd, Lithonia, GA 30058
    View Listing
    Property ID
    US22-4467929
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Hardware Center / Building Supply / Hardware & Home Improvement

    Property Details for 2746 Evans Mill Rd

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    1.13 lot acres
    Property size
    8,400 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    16 137 15 010
    APU
    1613715010

    Description

    This exceptional 9,036 square foot warehouse building is available for purchase at $805,000. Situated on a 1.02-acre lot in Lithonia, Georgia (30058), at 2746 Evans Mill Rd, this property presents a significant opportunity. The building, constructed of metal, boasts a generous clear span of 70' x 120' and impressive ceiling heights ranging from 14 to 16 feet. Currently operating as a hardware store, the warehouse benefits from approximately 90% HVAC coverage, ensuring climate-controlled comfort. The property is zoned C1, with a Tier 2 overlay zoning designation, and falls under the Local Commercial zoning in the City of Stonecrest. Its convenient location and versatile zoning make it suitable for a variety of commercial uses. The ample space and high ceilings provide excellent storage and operational capabilities. This property offers a compelling combination of size, functionality, and location, making it an attractive investment opportunity. The address is verified as 2746 Evans Mill Rd, DeKalb County, Georgia.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1145
    Latitude
    33.7046
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,207
    $133,880
    $66,120
    $200,000
    -
    $334,700
    $165,300
    $500,000

    Comparable in this City

    • Value Estimation
      $1,175,000
      7,182 SF

      6629 Covington Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,182 SF
      6629 Covington Hwy, Lithonia, GA 30058-4818
      View Details
    • Value Estimation by Request
      98,676 SF

      7984 Rockbridge Rd

      Neighborhood centers • 98,676 SF
      7984 Rockbridge Rd, Lithonia, GA 30058
      View Details
    • Value Estimation
      $850,000
      5,520 SF

      1898 Rock Chapel Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,520 SF
      1898 Rock Chapel Rd, Lithonia, GA 30058-5348
      View Details
    • Value Estimation
      $610,000
      18,960 SF

      7173 Covington Hwy

      RETAIL STORES (PERSONAL SERVICES) • 18,960 SF
      7173 Covington Hwy, Lithonia, GA 30058-7616
      View Details
    • Value Estimation
      $2,035,000
      13,092 SF

      7550 Covington Hwy

      RETAIL STORES (PERSONAL SERVICES) • 13,092 SF
      7550 Covington Hwy, Lithonia, GA 30058-7402
      View Details
    • Value Estimation by Request
      2,590 SF

      2526 Stone Mtn St

      RETAIL STORES (PERSONAL SERVICES) • 2,590 SF
      2526 Stone Mtn St, Lithonia, GA 30058-4430
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,000 SF

      Lithonia Industrial Flex Mini Mall

      20,000 SF mini mall with 16 stores and 3 booths.
      7173 Covington Hwy, Lithonia, GA 30058
      View Details
    • $380,000
      2,652 SF

      Commercial Property in Historic Lithonia

      Commercial property in Lithonia's business-friendly historic downtown district.
      6970 Main St, Lithonia, GA 30058
      View Details
    • $749,000

      Retail Building on One Acre

      Retail building with HVAC on one acre for sale.
      2746 Evans Mill Rd, Lithonia, GA 30058
      View Details
    • $380,000
      2,652 SF

      Commercial Property in Historic Lithonia

      Commercial property in Lithonia's Historic Downtown, ideal for offices/restaurants.
      6970 Main St, Lithonia, GA 30058
      View Details
    • $200,000
      1,400 SF

      Commercial Space in Lithonia, GA

      1400 sqft commercial space, previously a restaurant, ready for renovation.
      2546 Rock Chapel Rd, Lithonia, GA 30058
      View Details
    • $200,000
      1,400 SF

      Commercial Space in Lithonia, Georgia

      1400 sqft commercial space, previously a restaurant, ready for renovation.
      2546 Rock Chapel Rd, Lithonia, GA 30058
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space in Rockbridge Square

      1,200 SF retail space for lease in Lithonia, GA.
      7245 Rockbridge Rd SW, Lithonia, GA 30058
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease.
      2410 Dekalb Medical Pkwy, Lithonia, GA 30058
      View Details
    • Contact for pricing

      Lithonia Flex Space For Lease

      Industrial/Warehouse flex space available for lease in Lithonia, Georgia.
      6480 Chupp Rd, Lithonia, GA 30058
      View Details
    • Contact for pricing

      5.5 AC Industrial Outdoor Storage

      5.5 AC industrial land for outdoor storage, fenced and lit.
      2269 Randall Rd, Lithonia, GA 30058
      View Details
    • Contact for pricing

      Commercial Space with I-20 Access

      Commercial property for rent with direct access to I-20.
      6450 Old Hillandale Dr, Lithonia, GA 30058
      View Details
    • $7 SF/Yr

      Lithonia Industrial Building For Lease

      Single tenant building with office, warehouse, and outside storage.
      2230 Lithonia Industrial Blvd, Lithonia, GA 30058
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2746 Evans Mill Rd
    Lithonia, GA 30058
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2746 Evans Mill Rd, Lithonia, GA, 30058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!