New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,970,000
Garden apartment buildings
2801 Fairington Rdg Cir Lithonia, GA 30038
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-0180597
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1970
Total area
5,782 SF
Lot
31.1 ac (1,354,716 SF)
Zoning code
RM100
APN
16 055 02 002
UPID
US22-0180597
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$4.97M
Owner & transaction history
900 Title Jefferson LLC
900 Title Jefferson LLC
since 2026
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
RM100 · 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
$4,630,000
ML approach
$4,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.97M
Range $4.47M – $5.47M · ±10% · vs last sale $5.25M (Jun 14 2023)
Last sale anchor
$5.25M
Jun 14 2023
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
$860 / 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
$875,026
Tax year 2024
Assessed value
$19,200,000
Assessed 2024
Previous assessed
$19,200,000
+0.0% YoY
Effective rate
4.56%
On assessed value
Assessed land
$810,800
Assessed improvement
$18,389,200
Land market value
$2,027,000
Improvement market value
$45,973,000
Total market value
$48,000,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
YES
Buildings
50
Stories
2
Units
415
Total area
5,782 SF
Lot
31.1 ac (1,354,716 SF)
Zoning code
RM100
APN
16 055 02 002
UPID
US22-0180597
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Lithonia, GA
Zoning RM100 · permitted uses
RM100 · 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.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
2
Buildings
50
Units
415
Lot
31.1 ac
Current owner
From public records · entity-resolved
900 Title Jefferson LLC
Entity
Free & Clear · 0 yrs held
Mailing address
13567 NC 50TH LN NW #2601, NAKINA, NC 28455
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
—
900 Title Jefferson LLC
Mae Fannie
Deed
—
Jun 14, 2023
$5,249,300
Quarry Fo LLC Etal
Quarry Apartments LLC
Limited Warranty Deed
—
Dec 27, 2022
—
Quarry Apartments LLC
—
Deed
related
$48,300,000 · Arbor Commercial Funding I
Nov 18, 2021
$53,000,000
Quarry Apartments LLC
Fb Lithonia LLC
Warranty Deed
$47,100,000 · Arbor Realty Senior
Sep 6, 2019
$32,940,000
Fb Lithonia LLC
Rock Rose Devon Place Prop LLC
Grant Deed
—
Feb 2, 2015
$15,750,000
Rock Rose Devon Place Property
Vcp Summerlyn LLC
Grant Deed
—
Dec 14, 2012
$8,507,500
Vcp Summerlynllc
421 Meadowood Drive Holdings
Grant Deed
$6,950,000 · Arbor Realty SR INC
Mar 2, 2010
$17,400,000
421 Meadowood Dr Holdings LLC
Miles Meadowood LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2801 Fairington Rdg Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
