New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Medical Office Space
5424 Hillandale Park Ct, Lithonia, GA 30058-8803
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0867454
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Total area
8,719 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C1
APN
16 041 06 011
UPID
US22-0867454
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
-
Cindy Lebiecki Physician
-
Tamika Davis Physician
-
Marlena Sherman Physician
-
Decatur Pediatric Group Pediatrician Medical Clinic
-
MedCura Lithonia Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Phillips Seabrook & Wilson LLC
Phillips Seabrook & Wilson LLC
since 2025
7 recorded transactions
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+14.7%
Apartment house (5+ units)
$1.8M
+12.3%
Neighborhood: shopping center
$1.6M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,640,000
Current use
AUTO REPAIR, GARAGE
$1,880,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,840,000
Change: +12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,640,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$1,515,000
Change: -7% · Conversion: Easy
RETAIL STORES
$1,460,000
Change: -11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,400,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±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
$132 / 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
$31,244
Tax year 2024
Assessed value
$660,000
Assessed 2024
Previous assessed
$660,000
+0.0% YoY
Effective rate
4.73%
On assessed value
Assessed land
$151,800
Assessed improvement
$508,200
Land market value
$379,500
Improvement market value
$1,270,500
Total market value
$1,650,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Heating
NONE
Stories
1
Bathrooms
0
Total area
8,719 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C1
APN
16 041 06 011
UPID
US22-0867454
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Lithonia, GA
Zoning C1 · permitted uses
C1 · 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
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
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
2010
Heating
NONE
Stories
1
Bathrooms
0
Lot
1.25 ac
Current owner
From public records · entity-resolved
Phillips Seabrook & Wilson LLC
Entity
Mailing address
5268 SANDY SHRS CT, LITHONIA, GA 30038-3957
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Phillips Seabrook & Wilson LLC
Socotra Reit I LLC
Quitclaim Deed
related
$3,435,180 · Socotra Reit I
Apr 14, 2021
—
Phillips Seabrook & Wilson LLC
Wpww LLC
Warranty Deed
—
Oct 16, 2020
—
Phillips Seabrook & Wilson LLC
—
Deed
related
$2,860,500 · Socotra Reit I LLC
Nov 20, 2007
$362,755
Quicktrip Corp
First Equites Realty LLC
Grant Deed
—
Jun 21, 2007
$373,800
Wpww LLC
First Equities Realty LLC
Grant Deed
—
Jul 7, 2006
$250,000
Premier Womens Healthcare LLC
First Equities Realty LLC
Grant Deed
—
—
—
First Equities Rlty LLC
—
Deed Of Trust
related
$1,419,280 · Mcintosh Commercial Bank
—
—
Phillips Seabrook & Wilson LLC
—
Deed Of Trust
related
$2,860,500 · Socotra Reit I 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.
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 5424 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.
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.