New search
Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Warehouses
5335 Stone Mtn Hwy Stone Mountain, GA 30087-3416
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0958936
Property summary
AI-generated overview
This exceptional 4.89-acre commercial land parcel presents a remarkable opportunity for high-density multifamily development. Strategically located at 5335 Stone Mountain Highway in Stone Mountain, Georgia (zip code 30087), this property boasts approximately 190 feet of frontage on Highway 78, ensuring excellent visibility and accessibility. The gently sloping topography simplifies development, minimizing site preparation costs. The property is zoned C2, allowing for a variety of commercial uses, making it ideal for a substantial multifamily project. Situated in Gwinnett County, this location offers convenient access to major transportation routes, amenities, and a thriving community. The asking price for this prime development site is $3,250,000. This represents a significant investment opportunity in a rapidly growing area with high demand for residential units. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a highly desirable tract of land with exceptional potential for a lucrative multifamily development.
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1972
Construction
WOOD
Total area
6,100 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6061 015A
UPID
US22-0958936
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
-
Garner Building Supply Inc Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
William C Garner · 5 yrs held
William C Garner
since 2020
1 recorded transaction
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$385,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$745,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$101 / 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
$16,652
Tax year 2024
Assessed value
$402,360
Assessed 2024
Previous assessed
$298,800
+34.7% YoY
Effective rate
4.14%
On assessed value
Assessed land
$31,840
Assessed improvement
$370,520
Land market value
$79,600
Improvement market value
$926,300
Total market value
$1,005,900
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
6,100 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6061 015A
UPID
US22-0958936
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · 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
WAREHOUSE, STORAGE Current
Est. value
$745,000
WAREHOUSE, STORAGE Current
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
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
William C Garner
Individual
Free & Clear · 5 yrs held
Mailing address
2145 ROCKBRIDGE RD, STONE MOUNTAIN, GA 30087-3515
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2020
—
William C Garner
William H Garner
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5335 Stone Mtn Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
