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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Medical Office Space
5404 Hillandale Park Ct, Lithonia, GA 30058-8803
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1709613
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
9,839 SF
Lot
1 ac (43,560 SF)
Zoning code
X
APN
16 041 06 017
UPID
US22-1709613
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
-
Regis Sonja A Physician
-
Premier Womens Health and Aesthetics Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Gbam Properties LLC · 5 yrs held
Gbam Properties LLC
since 2020
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+14.7%
Apartment house (5+ units)
$2.1M
+12.3%
Neighborhood: shopping center
$1.9M
+0.3%
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
$1,315,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,850,000
Current use
AUTO REPAIR, GARAGE
$2,120,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,075,000
Change: +12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,855,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$1,710,000
Change: -7% · Conversion: Easy
RETAIL STORES
$1,645,000
Change: -11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,580,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10% · vs last sale $1.25M (Aug 3 2020)
Last sale anchor
$1.25M
Aug 3 2020
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
$131 / 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
$37,197
Tax year 2024
Assessed value
$760,960
Assessed 2024
Previous assessed
$760,960
+0.0% YoY
Effective rate
4.89%
On assessed value
Assessed land
$115,784
Assessed improvement
$645,176
Land market value
$289,461
Improvement market value
$1,612,939
Total market value
$1,902,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
9,839 SF
Lot
1 ac (43,560 SF)
Zoning code
X
APN
16 041 06 017
UPID
US22-1709613
Jurisdiction
DE KALB
Zoning & alternative use
X · Lithonia, GA
Zoning X · permitted uses
X · 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
MEDICAL BUILDING Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2008
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Gbam Properties LLC
Entity
Mailing address
5404 HILLANDALE PARK CT, LITHONIA, GA 30058-8803
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2020
$1,247,500
Gbam Properties LLC
Oasis Healthcare Systems LLC
Grant Deed
—
Dec 4, 2007
—
Oasis Healthcare Systems LLC
Premier,womens Healthcare
Grant Deed
related
—
—
—
Oasis Healthcare Systems LLC
—
Deed Of Trust
related
$1,105,000 · Bank Of America
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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