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    5045 Memorial Dr Stone Mountain, GA 30083-3108
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    Property profile & analytics

    5045 Memorial Dr, Stone Mountain, GA 30083-3108

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    • Strip malls
    • 18,474 SF
    • 2.38 lot acres
    Off-Market
    Last Sale Dec 19, 2024
    $3,000,000
    Property ID
    US22-0189491
    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.

    Value Estimations
    $3,000,000
    Show details
    Cap Rate Potential
    9.9%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Top Shelf Vape & Smoke Shop / (Bike/Boat/Book/etc) Store
    • Official Ink Tattoo / Tattoo & Piercing Shop
    • Dunbulu Computer Repair / Computer & Electronic Repair
    • Fidel's Signature & Kiddle / Hair Salon / Nail Salon

    Property Details for 5045 Memorial Dr

    Year built
    1973
    Lot size
    2.38 lot acres
    Zone code
    C1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    18 043 02 002
    APU
    1804302002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2024 — American Global LLC Rajeev Arvind Rai Quitclaim Deed · related $807k · Southstate Bank
    Nov 12, 2024 $3,000,000 American Global LLC Rajeev Arvind Rai Warranty Deed $800k · Rai Rajeev Arvind
    Aug 9, 2019 $1,310,900 Rajeev A Rai Chastain Cpt Village LLC Grant Deed $1M · Chastain Cpt Vlg LLC
    Oct 25, 2012 $900,000 Chastain Cpt Village LLC Cpt Village LLC Grant Deed · related —
    May 2, 2011 $625,000 Cpt Village LLC Iptv-b-c10 LLC Grant Deed $350k · State Bank & Trust
    Mar 1, 2011 $315,000 Iptv-b-c10 LLC Situs Memmorial LLC Trustees Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,000,000
      ML approach
      $3,000,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,660,000
      Market price range: $1.34M - $5.64M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,480,000
      Current use
      RETAIL STORES
      $4,675,000
      Change: +34% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,980,000
      Change: +14% Conversion: Difficult
      MEDICAL BUILDING
      $3,470,000
      Change: -0% Conversion: Difficult
      OFFICE BUILDING
      $3,200,000
      Change: -8% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2271
    Latitude
    33.7928
    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
    $37,286
    $258,120
    $686,960
    $945,080
    -
    $645,300
    $1,717,400
    $2,362,700
    More about this property
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