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Property profile & analytics
FOR SALE
Office buildings
5895 Memorial Dr, Stone Mountain, GA 30083
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1427314
For Sale
1 / 2
$4,800,000
5895 Memorial Dr, Stone Mountain, GA 30083
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
29,346 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C1
APN
18 071 01 015
UPID
US22-1427314
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
-
Creative Designz & Signz LLC. Marketing & Advertising Advertising Agency
-
BMG Wholesale Big Box & Wholesale Store
-
Figure 8 Body Design (Bike/Boat/Book/etc) Store Cosmetic Store
-
Dance for Joi Dance Company Training Center
-
Platinum Elite Dance Company Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.45M
Comparable Approach
Comparable
$7.33M
Blend (final)
Blend
$5.79M
Owner & transaction history
Lmk Investments INC · 13 yrs held
Lmk Investments INC
since 2013
3 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.9M
+56.3%
Retail stores
$7.4M
+46.0%
Auto repair, garage
$6.3M
+24.4%
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%
$6,985,000
6.5%
$6,450,000
7%
$5,990,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,085,000
Current use
RESTAURANT
$7,945,000
Change: +56% · Conversion: Moderate
RETAIL STORES
$7,425,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,325,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,525,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$5,515,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±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
$197 / 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
$14,044
Tax year 2024
Assessed value
$1,902,760
Assessed 2024
Previous assessed
$277,200
+586.4% YoY
Effective rate
0.74%
On assessed value
Assessed land
$158,004
Assessed improvement
$1,744,756
Land market value
$395,010
Improvement market value
$4,361,890
Total market value
$4,756,900
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1981
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
29,346 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C1
APN
18 071 01 015
UPID
US22-1427314
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.1M
RESTAURANT
Est. value
$7.9M
RETAIL STORES
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.5M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1981
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Lmk Investments INC
Entity
Mailing address
180 COEUR PL SW, LILBURN, GA 30047-6211
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Lmk Investments INC
—
Deed
related
$1,810,000 · Cod Rei Lending
May 24, 2013
—
Lmk Investments INC
Kim,larinda M
Grant Deed
related
$1,646,453 · Piedmont Bank
—
—
Larinda Matthews Kim
—
Deed Of Trust
related
$1,600,000 · Global Commerce Bank
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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