4962 Redan Rd Stone Mountain, GA 30088
Warehouses
Google Maps
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
For Sale
1 / 6
$499,000
4962 Redan Rd, Stone Mountain, GA 30088
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Estimated value (blended)
$355k
Range $320k – $391k (±10%)
Property ID
US22-1683867
Property summary
AI-generated overview
This exceptional 3.2-acre commercial land parcel presents a unique investment opportunity in Stone Mountain, Georgia. Located at 4962 Redan Road, this property boasts a prime location within a thriving retail area, easily accessible via a nearby strip center. Built in 2023, the land is zoned MU-4, providing flexibility for a wide range of mixed-use developments. The zoning allows for diverse commercial ventures, catering to the needs of the vibrant community. Adding to its appeal is the presence of a 12,240 square-foot barn, offering immediate potential for storage or adaptation to suit specific business needs. The property's strategic location ensures convenient access to major transportation routes and MARTA, enhancing its accessibility and appeal to both businesses and customers. With its ideal zoning, existing structure, and excellent location, this property is poised for significant growth and return on investment. The asking price is $450,000. This is a rare opportunity to acquire a versatile commercial property in a high-demand area. The property is situated in DeKalb County, Georgia, with a zip code of 30088.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Total area
12,240 SF
Lot
3.2 ac (139,392 SF)
Zoning code
OCR
APN
16 002 02 004
UPID
US22-1683867
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$355k
Owner & transaction history
since 2015
2 recorded transactions
Zoning & alternative use
OCR · Stone Mountain, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$355k
Value range
$320k – $391k
±10% around blend
Estimated value / SF
$29 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
$320k
blend $355k
$391k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,240 SF
Lot area
3.2 ac
Year built
1961
Stories
1
APN
16 002 02 004
Assessed value
$246,440
Annual tax
$13,035
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.14M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.4 mi away · 11,989 SF
5.4 mi away · 9,976 SF
6.1 mi away · 9,000 SF
9.9 mi away · 10,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$355k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 25 sales
$122
-76%
County 267 sales
$140
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $29/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$246k
Move the market yield to see immediate price impact.
Value / SF
$20
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$16k
$311k
$222k
$173k
$17k
$345k
$246k
$192k
$19k
$380k
$271k
$211k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.73M
5.2 mi · Feb 2026 · $114/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,035
Tax year 2024
Assessed value
$246,440
Assessed 2024
Previous assessed
$246,440
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$225,800
Assessed improvement
$20,640
Land market value
$564,500
Improvement market value
$51,600
Total market value
$616,100
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1961
Heating
NONE
Stories
1
Total area
12,240 SF
Lot
3.2 ac (139,392 SF)
Zoning code
OCR
APN
16 002 02 004
UPID
US22-1683867
Jurisdiction
DE KALB
Zoning & alternative use
OCR · Stone Mountain, GAZoning OCR · permitted uses
OCR · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Stories
1
Lot
3.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OCR
Jurisdiction
Stone Mountain, GA
Recorded code
OCR
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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