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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Community centers
5615 Memorial Dr Stone Mountain, GA 30083-3256
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1104342
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1974
Construction
WOOD FRAME
Total area
22,892 SF
Lot
3.62 ac (157,687 SF)
Zoning code
C1
APN
18 070 03 011
UPID
US22-1104342
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
-
TeeShirt Slogans Clothing Store Men'S Clothing Store
-
Black Authors INK Publishing House Printing Service
-
Road 2 Riches Tax Service Accounting Firm Tax Preparation
-
Ethiopian Community Association of Atlanta Community Center
-
Hair We Are Family Salon Inc Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
Ak Mem Shopping Ctr LLC · 8 yrs held
Ak Mem Shopping Ctr LLC
since 2017
7 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$14,133
Tax year 2024
Assessed value
$236,720
Assessed 2024
Previous assessed
$236,720
+0.0% YoY
Effective rate
5.97%
On assessed value
Assessed land
$142,133
Assessed improvement
$94,587
Land market value
$355,333
Improvement market value
$236,467
Total market value
$591,800
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
22,892 SF
Lot
3.62 ac (157,687 SF)
Zoning code
C1
APN
18 070 03 011
UPID
US22-1104342
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Stone Mountain, GA
Zoning C1 · permitted uses
C1 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.62 ac
Current owner
From public records · entity-resolved
Ak Mem Shopping Ctr LLC
Entity
Free & Clear · 8 yrs held
Mailing address
6685 PEACHTREE INDUSTRIAL BLVD, DORAVILLE, GA 30360-2116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2017
$2,275,000
Ak Mem Shopping Ctr LLC
Bank Of Hope
Grant Deed
—
May 26, 2016
$1,913,600
Wilshire St Bk
Sk Real Property Associates Ll
Trustees Deed
related
—
—
—
Sk Real Property Assocs LLC
—
Deed Of Trust
related
$1,099,081 · Keb Ny Financial Corp
—
—
Sk Real Property Associates Ll
—
Deed Of Trust
related
$1,087,012 · Keb Ny Financial Corp
—
—
Sk Real Property Assocs LLC
—
Deed Of Trust
related
$1,098,997 · Keb Ny Financial Corp
—
—
Sk Real Property Associates Ll
—
Deed Of Trust
related
$1,100,000 · Keb Ny Financial Corp
—
—
Sk Real Property Associates Ll
—
Deed Of Trust
related
$1,098,997 · Keb Ny Financial Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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