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Property profile & analytics
OFF-MARKET
Estimated value
$5,910,000
Medical Office Space
4650 Stone Mtn Hwy Lilburn, GA 30047-4614
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0159493
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
10,293 SF
Lot
1.21 ac (52,708 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
6-063 -003
UPID
US22-0159493
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
Current use
Occupant on record · Public records
-
Dr. Windell Davis-Boutte Physician Medical Clinic
-
Regional Medical Group Medical Clinic
-
Premiére Aesthetic Center Medical Clinic
-
Figueroa Karem I MD Physician Medical Clinic
-
Tolbert Renarda S Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.91M
Owner & transaction history
4650 Stone Mountain Mob LLC · 4 yrs held
4650 Stone Mountain Mob LLC
since 2021
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lilburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+86.3%
Apartment house (5+ units)
$4.7M
+43.7%
Auto repair, garage
$4.6M
+39.5%
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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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
$5,385,000
ML approach
$5,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,140,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,735,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,600,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$5.91M
Range $5.32M – $6.50M · ±10% · vs last sale $6.25M (Aug 17 2021)
Last sale anchor
$6.25M
Aug 17 2021
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
$574 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,697
Tax year 2023
Assessed value
$803,600
Assessed 2023
Previous assessed
$803,600
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$95,920
Assessed improvement
$707,680
Land market value
$239,800
Improvement market value
$1,769,200
Total market value
$2,009,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Heating
YES
Cooling
NONE
Stories
2
Total area
10,293 SF
Lot
1.21 ac (52,708 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
6-063 -003
UPID
US22-0159493
Jurisdiction
GWINNETT
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lilburn, GAZoning OI-OFFICE-INSTITUTIONAL · permitted uses
OI-OFFICE-INSTITUTIONAL · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2007
Heating
YES
Cooling
Yes
Stories
2
Lot
1.21 ac
Current owner
From public records · entity-resolved
4650 Stone Mountain Mob LLC
Entity
Mailing address
1835 SAVOY DR STE #101, ATLANTA, GA 30341-1073
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
$6,250,000
4650 Stone Mountain Mob LLC
Rg Medical Properties III LLC
Warranty Deed
$67,111,000 · Capital One
Aug 21, 2020
$3,600,000
Rg Medical Properties III LLC
Regions Bk
Grant Deed
$6,480,500 · Ameris Bk
Aug 21, 2020
—
Rg Medical Properties II LLC
Regions Bank
Quit Claim Deed
related
—
Aug 21, 2020
$3,700,000
Regions Bk
Regions Bk|3-d Innovative Properties LLC
Correction Deed
related
—
Dec 3, 2019
$3,700,000
Regions Bk
Regions Bk|3-d Innovative Properties LLC
Trustees Deed
—
Jan 25, 2017
—
3-d Innovative Properties LLC
—
Deed
related
$3,546,000 · Regions Bk
May 20, 2005
—
3-d Innovative Properties LLC
Homes By Hart INC
Quit Claim Deed
related
$195,000 · Fidelity Bank NA
May 20, 2005
$300,000
3-d Innovative Properties LLC
Homes By Hart INC
Warranty Deed
related
—
Apr 12, 2001
$118,000
Homes By Hart INC
Waters,bill
Grant Deed
related
$94,400 · Rockdale Nat'l Bk
—
—
3-d Innovative Properties LLC
—
Deed Of Trust
related
$3,546,000 · Regions Bk
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.
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