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Property profile & analytics
OFF-MARKET
Estimated value
$3,295,000
Medical Office Space
5461 Hillandale Dr Lithonia, GA 30058-4841
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1186638
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
19,906 SF
Lot
2.2 ac (95,832 SF)
Zoning code
X
APN
16 041 06 016
UPID
US22-1186638
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
-
Dental Touch Atlanta Dental Office
-
Vanessa L Dowdy PC Dental Office
-
celine's family services Social Service Agency Community Center
-
Southeast Atlanta Vascular Care Medical Clinic Hospital
-
Moore Jr Harold E MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.99M
CAP Approach
CAP
$4.44M
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$3.30M
Owner & transaction history
5461 Hillandale Drive Owner LLC · 3 yrs held
5461 Hillandale Drive Owner LLC
since 2023
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.3M
+14.7%
Apartment house (5+ units)
$4.2M
+12.3%
Neighborhood: shopping center
$3.8M
+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
$3,040,000
ML approach
$2,990,000
CAP Approach
CAP Return
Estimation
6%
$4,810,000
6.5%
$4,440,000
7%
$4,125,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,740,000
Current use
AUTO REPAIR, GARAGE
$4,290,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,200,000
Change: +12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,750,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$3,460,000
Change: -7% · Conversion: Easy
RETAIL STORES
$3,330,000
Change: -11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,200,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.30M
Range $2.97M – $3.62M · ±10% · vs last sale $3.45M (Jun 14 2023)
Last sale anchor
$3.45M
Jun 14 2023
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
$166 / 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
$67,638
Tax year 2024
Assessed value
$1,382,880
Assessed 2024
Previous assessed
$1,132,000
+22.2% YoY
Effective rate
4.89%
On assessed value
Assessed land
$287,480
Assessed improvement
$1,095,400
Land market value
$718,700
Improvement market value
$2,738,500
Total market value
$3,457,200
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
2007
Heating
NONE
Cooling
YES
Stories
2
Total area
19,906 SF
Lot
2.2 ac (95,832 SF)
Zoning code
X
APN
16 041 06 016
UPID
US22-1186638
Jurisdiction
DE KALB
Zoning & alternative use
X · Lithonia, GAZoning X · permitted uses
X · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
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
2007
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
5461 Hillandale Drive Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1760 PEACHTREE ST NW #100, ATLANTA, GA 30309-2335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
$3,445,000
5461 Hillandale Drive Owner LLC
Gahc3 Lithonia Ga Mob LLC
Warranty Deed
—
Sep 16, 2020
—
Sba 2012 Tc Assets LLC
—
Loan Modification
related
—
Jun 10, 2014
—
Gahc3 Lithonia Ga Mob LLC
5461 Hillandale LLC
Quit Claim Deed
related
—
Jun 10, 2014
$2,830,000
Gahc3 Lithonia Ga Mob LLC
5461 Hillandale LLC
Grant Deed
—
Oct 25, 2012
$275,000
Aga Venture Hillandale LLC
5461 Hillandale LLC
Grant Deed
$1,687,500 · Community Bank South
Aug 3, 2010
—
Branch Banking And Trust Co
Liberty Financial LLC
Grant 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.
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