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Property profile & analytics
OFF-MARKET
Estimated value
$3,740,000
Warehouses
5101 Chatooga Dr Lithonia, GA 30038-2302
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0798557
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
33,564 SF
Lot
3.55 ac (154,638 SF)
Zoning code
M
APN
16 023 03 002
UPID
US22-0798557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.76M
CAP Approach
CAP
$3.79M
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$3.74M
Owner & transaction history
Gki Infill Atlanta LLC · 1 yrs held
Gki Infill Atlanta LLC
since 2025
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.8M
+100.7%
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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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
$3,795,000
ML approach
$3,760,000
CAP Approach
CAP Return
Estimation
6%
$4,105,000
6.5%
$3,790,000
7%
$3,520,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,905,000
Current use
OFFICE BUILDING
$5,835,000
Change: +101% · Conversion: Difficult
Blend value · Realmo final
$3.74M
Range $3.37M – $4.11M · ±10% · vs last sale $3.68M (Jun 22 2022)
Last sale anchor
$3.68M
Jun 22 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
$111 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$59,627
Tax year 2024
Assessed value
$1,252,080
Assessed 2024
Previous assessed
$1,463,840
-14.5% YoY
Effective rate
4.76%
On assessed value
Assessed land
$75,125
Assessed improvement
$1,176,955
Land market value
$187,812
Improvement market value
$2,942,388
Total market value
$3,130,200
Applied tax rate
80.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
NONE
Buildings
2
Stories
1
Total area
33,564 SF
Lot
3.55 ac (154,638 SF)
Zoning code
M
APN
16 023 03 002
UPID
US22-0798557
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GA
Zoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$5.8M
WAREHOUSE, STORAGE Current
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
1974
Heating
NONE
Stories
1
Buildings
2
Lot
3.55 ac
Current owner
From public records · entity-resolved
Gki Infill Atlanta LLC
Entity
Mailing address
280 PARK AVE, NEW YORK, NY 10017-1274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Gki Infill Atlanta LLC
—
Deed
related
—
Jul 16, 2025
—
Gki Infill Atlanta LLC
Oversea Chinese Banking Corp Ltd Ne
Quitclaim Deed
related
—
Jun 22, 2022
$3,681,000
Gki Infill Atlanta LLC
Fpip Atl LP
Warranty Deed
—
Jun 22, 2022
—
Gki Infill Atlanta LLC
Fpip Atl LP
Warranty Deed
—
Jul 31, 2019
—
Fpip-atl LP
—
Deed
related
$17,368,000 · Iberiabank
Apr 11, 2019
—
Fpip-atl LP
—
Deed
related
$17,368,000 · Iberiabank
Feb 22, 2019
—
Fpip-atl LP
Schlesinger LLC
Quit Claim Deed
related
—
—
—
Fpip-atl LP
—
Deed Of Trust
related
$17,368,000 · Iberiabank
—
—
Fpip-atl LP
—
Deed Of Trust
related
$17,368,000 · Iberiabank
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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