Back to Search
Property profile & analytics
FOR SALE
Day care centers
3271 Turner Hill Rd Lithonia, GA 30058
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1474273
For Sale
1 / 8
$3,488,000
3271 Turner Hill Rd, Lithonia, GA 30058
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2010
Total area
13,402 SF
Lot
0.65 ac (28,401 SF)
Zoning code
R100
APN
16 171 02 007
UPID
US22-1474273
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
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.10M
Owner & transaction history
G&k Covenant Properties II LLC · 2 yrs held
G&k Covenant Properties II LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
R100 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+29.4%
Apartment house (5+ units)
$2.8M
+26.7%
Commercial (general)
$2.6M
+18.1%
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
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,230,000
Current use
AUTO REPAIR, GARAGE
$2,890,000
Change: +29% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,825,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,635,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,525,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$2,520,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$2,330,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Mar 8 2024)
Last sale anchor
$2.10M
Mar 8 2024
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
$157 / 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
$32,341
Tax year 2024
Assessed value
$682,254
Assessed 2024
Previous assessed
$682,254
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$134,704
Assessed improvement
$547,550
Land market value
$336,759
Improvement market value
$1,368,874
Total market value
$1,705,633
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Sale
Year built
2010
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
13,402 SF
Lot
0.65 ac (28,401 SF)
Zoning code
R100
APN
16 171 02 007
UPID
US22-1474273
Jurisdiction
DE KALB
Zoning & alternative use
R100 · Lithonia, GA
Zoning R100 · permitted uses
R100 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.3M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
G&k Covenant Properties II LLC
Entity
Mailing address
3271 TURNER HL RD, LITHONIA, GA 30038-3221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 8, 2024
—
G&k Covenant Properties II LLC
New Generation Learning Center & Ac
Quit Claim Deed
related
—
Jun 25, 2020
$2,100,000
G & K Covenant Prop II LLC
New Generation Learning Ctr
Grant Deed
—
Jun 25, 2020
—
G & K Covenant Prop II LLC
New Generation Learning Ctr
Quit Claim Deed
related
$1,976,000 · Embassy Nat'l Bk
Dec 14, 2017
—
New Generation Learning Center
—
Deed
related
$907,100 · Pinnacle Bank
May 9, 2007
$675,000
New,generation Learning Center
The,primeiro Dignity Found
Grant Deed
—
May 9, 2007
—
Primeiro Dignity Foundatio
Houser,gary
Grant Deed
related
—
May 10, 2006
—
Primeiro Dignity Foundaton
Houser,gary
Grant Deed
related
—
Jan 29, 2004
—
Gary Houser
Primeiro Dignity Foundation
Warranty 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?”
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.
