Back to Search
Property profile & analytics
FOR LEASE
Medical Office Space
4850 Redan Rd Stone Mountain, GA 30088
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4594754
For Lease
1 / 3
Contact for pricing
4850 Redan Rd, Stone Mountain, GA 30088
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
WOOD FRAME
Total area
3,522 SF
Lot
1.11 ac (48,134 SF)
Zoning code
C1
APN
15 224 03 004
UPID
US22-4594754
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
-
Marjorie Reid Physician
-
King Wunton G MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Al-madinah LLC · 12 yrs held
Al-madinah LLC
since 2014
5 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,480
Tax year 2024
Assessed value
$63,840
Assessed 2024
Previous assessed
$63,840
+0.0% YoY
Effective rate
5.45%
On assessed value
Assessed land
$57,800
Assessed improvement
$6,040
Land market value
$144,500
Improvement market value
$15,100
Total market value
$159,600
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
3,522 SF
Lot
1.11 ac (48,134 SF)
Zoning code
C1
APN
15 224 03 004
UPID
US22-4594754
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Stone Mountain, GAZoning C1 · permitted uses
C1 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Al-madinah LLC
Entity
Mailing address
2145 DULUTH HWY 120A, DULUTH, GA 30097-4007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2014
$345,000
Al-madinah LLC
Land Holding LLC
Grant Deed
—
Jan 16, 2013
$275,000
Holding Land
Redan Hairston Pediatrics & Ad
Trustees Deed
—
Jan 26, 2011
—
Power Lndg LLC
First Citizens Bk & Trust Co INC
Quit Claim Deed
related
—
—
—
Redan Hairston Pediatrics & Adul
—
Deed Of Trust
related
$185,000 · Power Lending LLC
—
—
Redan Hairston Pediatrics & Adul
—
Deed Of Trust
related
$350,000 · Power Lending LLC
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.
