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Property profile & analytics
OFF-MARKET
Estimated value
$16,500,000
Warehouses
4680 Lewis Rd, Stone Mountain, GA 30083
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-0191508
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Total area
98,940 SF
Lot
3.92 ac (170,755 SF)
Zoning code
X
APN
18 170 02 001
UPID
US22-0191508
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
$16.50M
CAP Approach
CAP
$11.18M
Comparable Approach
Comparable
$11.77M
Blend (final)
Blend
$16.50M
Owner & transaction history
Faropoint Industrial Slb Club Ga1 L · 2 yrs held
Faropoint Industrial Slb Club Ga1 L
since 2024
Last sale
$16.5M
3 recorded transactions
Zoning & alternative use
X · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$26.8M
+124.7%
Retail stores
$25.0M
+109.9%
Auto repair, garage
$21.3M
+78.8%
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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
$16,500,000
ML approach
$16,500,000
CAP Approach
CAP Return
Estimation
6%
$12,105,000
6.5%
$11,175,000
7%
$10,375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,925,000
Current use
RESTAURANT
$26,790,000
Change: +125% · Conversion: Difficult
RETAIL STORES
$25,030,000
Change: +110% · Conversion: Moderate
AUTO REPAIR, GARAGE
$21,320,000
Change: +79% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$18,635,000
Change: +56% · Conversion: Moderate
MEDICAL BUILDING
$18,585,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$16.50M
Range $14.85M – $18.15M · ±10% · vs last sale $16.50M (May 9 2024)
Last sale anchor
$16.50M
May 9 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
$167 / 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
$155,144
Tax year 2024
Assessed value
$3,674,440
Assessed 2024
Previous assessed
$3,755,200
-2.2% YoY
Effective rate
4.22%
On assessed value
Assessed land
$166,587
Assessed improvement
$3,507,853
Land market value
$416,468
Improvement market value
$8,769,632
Total market value
$9,186,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
2
Stories
1
Total area
98,940 SF
Lot
3.92 ac (170,755 SF)
Zoning code
X
APN
18 170 02 001
UPID
US22-0191508
Jurisdiction
DE KALB
Zoning & alternative use
X · Stone Mountain, GA
Zoning X · permitted uses
X · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$11.9M
RESTAURANT
Est. value
$26.8M
RETAIL STORES
Est. value
$25.0M
AUTO REPAIR, GARAGE
Est. value
$21.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.6M
MEDICAL BUILDING
Est. value
$18.6M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1966
Heating
NONE
Stories
1
Buildings
2
Lot
3.92 ac
Current owner
From public records · entity-resolved
Faropoint Industrial Slb Club Ga1 L
Individual
Free & Clear · 2 yrs held
Mailing address
4680 LEWIS RD STE #750, STONE MOUNTAIN, GA 30083
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$16,500,000
Faropoint Industrial Slb Club Ga1 L
Big Usip Holdings LLC
Limited Warranty Deed
—
May 9, 2024
—
Faropoint Industrial Slb Club Ga1 L
Ub II New Wincup Ga1 LLC
Quit Claim Deed
related
—
Dec 7, 2012
$9,104,100
Ub II New Wincup Ga LLC
Nl Ventures Vii Lewis LLC
Grant Deed
$118,410 · Royal Bank Scotland Plc
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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