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Property profile & analytics
OFF-MARKET
Estimated value
$5,790,000
Showrooms
501 Thornton Rd Lithia Springs, GA 30122-1517
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0391889
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1996
Construction
WOOD FRAME
Total area
25,293 SF
Lot
6.31 ac (274,864 SF)
Zoning code
PUD
APN
0373-18-2- -00004
UPID
US22-0391889
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
-
Cardtronics ATM Atm
-
Atlanta Harley-Davidson Motorcycle Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.68M
CAP Approach
CAP
$4.73M
Comparable Approach
Comparable
$4.89M
Blend (final)
Blend
$5.79M
Owner & transaction history
Moda Real Estate LLC · 4 yrs held
Moda Real Estate LLC
since 2022
Last sale
$7.0M
5 recorded transactions
Zoning & alternative use
PUD · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.7M
+15.1%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$4,440,000
ML approach
$6,680,000
CAP Approach
CAP Return
Estimation
6%
$5,120,000
6.5%
$4,730,000
7%
$4,390,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,730,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±10% · vs last sale $7.00M (Jun 27 2022)
Last sale anchor
$7.00M
Jun 27 2022
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
$229 / 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
$34,317
Tax year 2023
Assessed value
$1,079,040
Assessed 2023
Previous assessed
$1,079,040
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$447,280
Assessed improvement
$631,760
Land market value
$1,118,200
Improvement market value
$1,579,400
Total market value
$2,697,600
Applied tax rate
1.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
25,293 SF
Lot
6.31 ac (274,864 SF)
Zoning code
PUD
APN
0373-18-2- -00004
UPID
US22-0391889
Jurisdiction
DOUGLAS
Zoning & alternative use
PUD · Lithia Springs, GA
Zoning PUD · permitted uses
PUD · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithia Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.7M
OFFICE 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
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
6.31 ac
Current owner
From public records · entity-resolved
Moda Real Estate LLC
Entity
Mailing address
3205 EAGLE CRST DR NE STE #105, GRAND RAPIDS, MI 49525-7056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 27, 2022
$7,000,000
Moda Real Estate LLC
Hag Building Partnership LLP
Limited Warranty Deed
—
—
—
Hag Building Ptshp LLC
—
Deed Of Trust
related
$324,000 · Southcrest Bk
—
—
Hag Building Ptshp LLP
—
Deed Of Trust
related
$1,435,000 · State Bank & Trust
—
—
Hag Building Partnership LLP
—
Deed Of Trust
related
$1,489,433 · First National Bank Georgia
—
—
Hag Building Ptshp LLP
—
Deed Of Trust
related
$1,565,000 · State Bank & Trust
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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