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Property profile & analytics
OFF-MARKET
Estimated value
$31,015,000
Specialty properties
5850 Hillandale Dr Lithonia, GA 30058-4857
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1736521
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2001
Total area
10,608 SF
Lot
30.9 ac (1,346,135 SF)
Zoning code
RM100
APN
16 073 01 005
UPID
US22-1736521
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
-
Wellborn Place Apartment Building
-
Seven Eighty One Investment Inc Financial Advisor
-
Lexington on the Green Apartments Apartment Building Apartment Complex
-
Steve's auto shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.02M
Owner & transaction history
PC Lexington LLC · 5 yrs held
PC Lexington LLC
since 2021
Last sale
$31.2M
6 recorded transactions
Zoning & alternative use
RM100 · Lithonia, 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 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
$30,745,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$31.02M
Range $27.91M – $34.12M · ±10% · vs last sale $31.15M (Feb 26 2021)
Last sale anchor
$31.15M
Feb 26 2021
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
$2,924 / 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
$527,117
Tax year 2024
Assessed value
$11,600,000
Assessed 2024
Previous assessed
$11,600,000
+0.0% YoY
Effective rate
4.54%
On assessed value
Assessed land
$580,000
Assessed improvement
$11,020,000
Land market value
$1,450,000
Improvement market value
$27,550,000
Total market value
$29,000,000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Buildings
15
Stories
3
Units
216
Total area
10,608 SF
Lot
30.9 ac (1,346,135 SF)
Zoning code
RM100
APN
16 073 01 005
UPID
US22-1736521
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Lithonia, GA
Zoning RM100 · permitted uses
RM100 · 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.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Cooling
Yes
Stories
3
Buildings
15
Units
216
Lot
30.9 ac
Current owner
From public records · entity-resolved
PC Lexington LLC
Entity
Mailing address
4956 N 300TH W STE #300, PROVO, UT 84604-5842
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Feb 26, 2021
$31,150,000
PC Lexington LLC
Lexington On The Green LLC
Special Warranty Deed
$18,360,000 · Berkadia Commercial Mortgage
Jul 8, 2016
$20,250,000
Lexington On The Green LLC
Lexington On The Green Apartme
Grant Deed
related
$16,200,000 · Walker & Dunlop
Sep 29, 2006
$18,360,000
Lotg Apartments LLC
Lexington,on The Green Lim
Grant Deed
—
Jun 16, 2004
—
Columns Hillandale Dev LLC
Dekalb-columns LLC
Quit Claim Deed
related
—
Jun 16, 2004
$4,700,000
Mccar Dev Corp
Columns Hillandale Dev LLC
Grant Deed
—
Jun 16, 2004
$3,500,000
Columns Hillandale Dev LLC
Dekalb-columns 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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