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Property profile & analytics

3024 Miller Rd Lithonia, GA 30038-2215

  • Warehouses
  • 67,475 SF
  • 6.29 lot acres
OFF-MARKET
Last Sale
Oct 25, 2021
$4,151,088
Value Estimations
$5,705,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-0168423
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.

Current Use by Public Records

  • Warehouses

Property Details for 3024 Miller Rd

Year built
1974
Lot size
6.29 lot acres
Property size
67,475 SF
Zone code
X
Property type
Warehouses
APN
16 023 02 036
APU
1602302036

Description

This exceptional industrial property, located at 3024-3052 Miller Road in Stonecrest, Georgia, offers a versatile warehouse and distribution space totaling 70,000 square feet. Currently, 5,350 square feet is immediately available for lease. The building, constructed in 1978, features a single story with high ceilings measuring 18 feet, ideal for various industrial uses. The property boasts excellent access with three dock-high doors and one drive-in door, facilitating efficient loading and unloading. Ample parking is provided with 110 spaces available for employees and visitors. The warehouse space is complemented by 1,188 square feet of office space, providing a functional area for administrative tasks. The remaining 4,162 square feet is dedicated to warehouse storage. Situated on three acres of land, this property is zoned M and benefits from its location in the Snapfinger/I-20 East submarket cluster, offering convenient access to major transportation routes. This multi-tenant building presents a unique opportunity for businesses seeking a well-maintained and strategically located industrial space in the thriving Stonecrest area (zip code 30038).


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $4,620,000
    ML approach
    $4,520,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $8,255,000
    6.5%
    $7,620,000
    7%
    $7,075,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $6,370,000
    Market price range: $3.89M - $8.47M
    AI Estimate
    $4,005,000
    Market price range: $1.71M - $5.96M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $5,845,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Lithonia
County
Dekalb
State
Georgia
Longitude
-84.1841
Latitude
33.7
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
$139,328
$93,038
$2,710,082
$2,803,120
-
$232,594
$6,775,206
$7,007,800
More about this property
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