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    Property profile & analytics

    490 Stone Mtn Lithonia Rd Stone Mountain, GA 30088-1532

    • Garden apartment buildings
    • 8,376 SF
    • 14.12 lot acres
    OFF-MARKET
    Value Estimation
    $18,065,000
    Last Sale
    Nov 04, 2022
    $17,856,000
    Location Intelligence
    Property ID
    US22-0515212
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fierce Hair Salon, Corp / Church
    • A True Love Friend Caregiver Companionship LLC / Home Health Care Service
    • The Right Movers & Team / Mover / Moving Supply Store
    • Ascend at Stone Mountain Apartments / Apartment Complex
    • True Testimonies LLC / Tax Consultant / Accounting Firm

    Property Details for 490 Stone Mtn Lithonia Rd

    Year built
    1984
    Lot size
    14.12 lot acres
    Property size
    8,376 SF
    Zone code
    X
    Property type
    Garden apartment buildings
    APN
    18 020 02 002
    APU
    1802002002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $18,290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $18,710,000
      6.5%
      $16,565,000
      7%
      $18,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,710,000
      Geo Method
      $18,270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $16,635,000
      Retail
      $18,970,000
      Mixed-Use
      $20,230,000
      Hospitality
      $20,485,000
      Educational
      $18,360,000
      Residential Income
      $19,860,000
      Energy
      $17,675,000
      Income-Based Land
      $19,515,000
      Food Service
      $18,065,000

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1598
    Latitude
    33.784
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $304,436
    $738,080
    $6,061,920
    $6,800,000
    -
    $1,845,200
    $15,154,800
    $17,000,000

    Comparable in this City

    • Value Estimation by Request
      26,846 SF

      1258 Hairston Rd

      GARDEN APT, COURT APT (5+ UNITS) • 26,846 SF
      1258 Hairston Rd, Stone Mountain, GA 30088
      View Details
    • Value Estimation by Request
      10,068 SF

      1420 Hairston Rd

      GARDEN APT, COURT APT (5+ UNITS) • 10,068 SF
      1420 Hairston Rd, Stone Mountain, GA 30088-3038
      View Details
    • Value Estimation by Request
      21,334 SF

      1248 Adcox Rd

      GARDEN APT, COURT APT (5+ UNITS) • 21,334 SF
      1248 Adcox Rd, Stone Mountain, GA 30088
      View Details
    • Value Estimation by Request
      29,974 SF

      1000 Hidden Chase

      GARDEN APT, COURT APT (5+ UNITS) • 29,974 SF
      1000 Hidden Chase, Stone Mountain, GA 30088-4218
      View Details
    • Value Estimation by Request
      6,912 SF

      1038 Hairston Rd

      GARDEN APT, COURT APT (5+ UNITS) • 6,912 SF
      1038 Hairston Rd, Stone Mountain, GA 30088-2310
      View Details
    • Value Estimation by Request
      27,030 SF

      2655 Young Rd

      GARDEN APT, COURT APT (5+ UNITS) • 27,030 SF
      2655 Young Rd, Stone Mountain, GA 30088
      View Details

    Similar Nearby for Sale

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      120-unit age-restricted community with value-add components.
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      HAIRSTON SQUARE SHOPPING CENTER

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    • $499,000
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      Stone Mountain Land For Sale

      3.2 acre lot in a busy retail location.
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      Stone Mountain Commercial Land Available

      3.2 acre commercial land in a busy retail location.
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    Stone Mountain, GA 30088-1532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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