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Property profile & analytics
OFF-MARKET
Estimated value
$5,110,000
Medical Office Space
5582 Memorial Dr Stone Mountain, GA 30083-3215
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1215366
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2013
Construction
WOOD FRAME
Total area
23,370 SF
Lot
1.99 ac (86,684 SF)
Zoning code
X
APN
18 070 01 007
UPID
US22-1215366
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
-
Dr. Tracey Greene-Johnson Physician
-
Corliss Austin-Harris Physician
-
Metra Wright Pediatrician Physician
-
Yvonka Crenshaw Physician
-
Dr. Richard Onoja Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.22M
Comparable Approach
Comparable
$6.50M
Blend (final)
Blend
$5.11M
Owner & transaction history
Oakhurst Medical Centers INC · 1 yrs held
Oakhurst Medical Centers INC
since 2024
7 recorded transactions
Zoning & alternative use
X · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.3M
+44.2%
Retail stores
$5.9M
+34.7%
Auto repair, garage
$5.0M
+14.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,645,000
6.5%
$5,215,000
7%
$4,840,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,390,000
Current use
RESTAURANT
$6,330,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$5,910,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,035,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,400,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$4,050,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$5.11M
Range $4.60M – $5.62M · ±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
$219 / 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
$2,279
Tax year 2024
Assessed value
$1,763,800
Assessed 2024
Previous assessed
$1,764,800
-0.1% YoY
Effective rate
0.13%
On assessed value
Assessed land
$265,240
Assessed improvement
$1,498,560
Land market value
$663,100
Improvement market value
$3,746,400
Total market value
$4,409,500
Applied tax rate
4.0000
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
2013
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Rooms
6
Total area
23,370 SF
Lot
1.99 ac (86,684 SF)
Zoning code
X
APN
18 070 01 007
UPID
US22-1215366
Jurisdiction
DE KALB
Zoning & alternative use
X · Stone Mountain, GAZoning X · permitted uses
X · Stone Mountain, 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
$4.4M
RESTAURANT
Est. value
$6.3M
RETAIL STORES
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2013
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Lot
1.99 ac
Current owner
From public records · entity-resolved
Oakhurst Medical Centers INC
Entity
Mailing address
5582 MEMORIAL DR, STONE MOUNTAIN, GA 30083-3215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Oakhurst Medical Centers INC
Regions Bank
Quitclaim Deed
related
—
Jan 28, 2020
—
Oakhurst Medical Center INC
—
Deed
related
$4,450,000 · Regions Bank
Feb 19, 2019
—
Oakhurst Medical Centers INC
—
Deed
related
$1,400,000 · Regions Bk
Jul 9, 2012
—
Oakhurst Medical Centers INC
Solid Equities INC
Quit Claim Deed
related
$1,000,000 · Regions Bank
Jul 9, 2012
$765,000
Oakhurst Medical Centers INC
Solid Equities INC
Grant Deed
—
Oct 29, 2010
$870,000
Solid Equities INC
G I Investment Group LLC
Deed
$1,600,000 · Branch Bkng & Tr Co
Mar 25, 2009
$1,100,000
G I Investment Grp LLC
Solid Equities INC
Grant Deed
—
—
—
G I Investment Grp LLC
—
Deed Of Trust
related
$895,990 · Solid Equities INC
—
—
Oakhurst Medical Centers INC
—
Loan Modification
related
$1,400,000 · Regions Bk
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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