Property profile

5403 Hillandale Park Ct Lithonia, GA 30058

OFF-MARKET
Medical Office Space
Property ID
US22-1930573
8,524 SF 2.06 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2013
Total area 8,524 SF
Lot 2.06 ac (89,734 SF)
Zoning code C1
APN 16 041 06 015
UPID US22-1930573

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Medical Clinic
  • Medical Clinic

Location

5403 Hillandale Park Ct Lithonia, GA 30058
Lithonia metro Census 23319 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.90M
Comparable Approach Comparable
$982k
Blend (final) Blend
$1.48M

Owner & transaction history

since 2013
5 recorded transactions
2021
Price N/A
2013
$3.5M
2012
$275,000
2012
Price N/A
2010
Price N/A

Zoning & alternative use

C1 · Lithonia, GA
Zoning description

The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.8M +14.7%
Apartment house (5+ units) $1.8M +12.3%
Neighborhood: shopping center $1.6M +0.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 5403 Hillandale Park Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message