Technical
Financial
Distress signals
Property profile

3045 Panola Rd Lithonia, GA 30038

OFF-MARKET
Community centers
Property ID
US22-1284105
66,800 SF 10.46 ac lot Built 2001
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2001
Total area 66,800 SF
Lot 10.46 ac (455,638 SF)
Zoning code C1
APN 16 042 01 015
UPID US22-1284105

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
  • Pharmacy
  • Pharmacy

Location

3045 Panola Rd Lithonia, GA 30038-2317
Lithonia metro Census 23442 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.53M

Owner & transaction history

since 2019
3 recorded transactions
2019
$10.7M
2004
Price N/A
2004
$255,800

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
Top alternative use upside
Apartment house (5+ units) $14.1M +12.0%
Commercial (general) $13.1M +4.4%

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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