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Property profile & analytics
OFF-MARKET
Estimated value
$3,270,000
Office buildings
5300 Memorial Dr, Stone Mountain, GA 30083-3148
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0842643
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
15,390 SF
Lot
2.43 ac (105,851 SF)
Zoning code
C1
APN
18 069 04 004
UPID
US22-0842643
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
-
Advance Engineering and Construction, LLC Engineering Consultant Engineer
-
Upscale Graphic Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Public Driving School Training Center Vocational School
-
Unlimited Stewart Accounting Firm Tax Preparation
-
Polote Corporation Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.38M
Comparable Approach
Comparable
$4.43M
Blend (final)
Blend
$3.27M
Owner & transaction history
Memorial Ray Office Park LLC · 9 yrs held
Memorial Ray Office Park LLC
since 2017
5 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+56.3%
Retail stores
$3.9M
+46.0%
Auto repair, garage
$3.3M
+24.4%
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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,665,000
6.5%
$3,380,000
7%
$3,140,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,665,000
Current use
RESTAURANT
$4,165,000
Change: +56% · Conversion: Moderate
RETAIL STORES
$3,895,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,315,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,900,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$2,890,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$3.27M
Range $2.94M – $3.60M · ±10%
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
$212 / 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
$57,802
Tax year 2024
Assessed value
$1,276,360
Assessed 2024
Previous assessed
$591,051
+115.9% YoY
Effective rate
4.53%
On assessed value
Assessed land
$100,479
Assessed improvement
$1,175,881
Land market value
$251,197
Improvement market value
$2,939,703
Total market value
$3,190,900
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
15,390 SF
Lot
2.43 ac (105,851 SF)
Zoning code
C1
APN
18 069 04 004
UPID
US22-0842643
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Stone Mountain, GA
Zoning C1 · permitted uses
C1 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.2M
RETAIL STORES
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1985
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
2.43 ac
Current owner
From public records · entity-resolved
Memorial Ray Office Park LLC
Entity
Mailing address
1165 KINGSTON DR, ATLANTA, GA 30342-2121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Mar 3, 2020
—
Memorial Ray Office Park LLC
—
Deed
related
$2,897,090 · Citizens Tr Bk Mtg Svcs
Feb 6, 2017
—
Memorial Ray Office Park LLC
—
Deed
related
$100,000 · Dreykop LLC
Jan 27, 2017
$2,100,000
Memorial Ray Office Park LLC
Memorial Rays Ltd
Grant Deed
related
—
—
—
Memorial Ray Office Park LLC
—
Loan Modification
related
$2,897,090 · Citizens Tr Bk Mtg Svcs
—
—
Memorial Ray Office Park LLC
—
Deed Of Trust
related
$100,000 · Dreykop LLC
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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