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Property profile & analytics
OFF-MARKET
Estimated value
$21,850,000
Outlet malls
5935 Memorial Dr Stone Mountain, GA 30083-3429
Individually Owned
14-yr Hold
Free & Clear
Property ID
US22-1643105
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2013
Total area
152,302 SF
Lot
14.1 ac (614,196 SF)
Zoning code
C-1
APN
18 071 06 021
UPID
US22-1643105
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
-
Coinstar Bank Credit Union
-
Jeffery Felton Pharmacy
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Walmart Bakery Bakery Specialty Food Shop
-
Walmart Home Services Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.79M
Blend (final)
Blend
$21.85M
Owner & transaction history
Wal-mart Real Estate Business · 14 yrs held
Wal-mart Real Estate Business
since 2012
4 recorded transactions
Zoning & alternative use
C-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$32,820,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$21.85M
Range $19.67M – $24.04M · ±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
$143 / 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
$255,952
Tax year 2024
Assessed value
$5,440,000
Assessed 2024
Previous assessed
$5,440,000
+0.0% YoY
Effective rate
4.71%
On assessed value
Assessed land
$1,088,000
Assessed improvement
$4,352,000
Land market value
$2,720,000
Improvement market value
$10,880,000
Total market value
$13,600,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Units
1
Total area
152,302 SF
Lot
14.1 ac (614,196 SF)
Zoning code
C-1
APN
18 071 06 021
UPID
US22-1643105
Jurisdiction
DE KALB
Zoning & alternative use
C-1 · Stone Mountain, GA
Zoning C-1 · permitted uses
C-1 · 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
AUTO REPAIR, GARAGE
Est. value
$32.8M
AUTO REPAIR, GARAGE
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
Heating
NONE
Stories
1
Units
1
Lot
14.1 ac
Current owner
From public records · entity-resolved
Wal-mart Real Estate Business
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2012
$2,400,000
Wal-mart Real Estate Business
Car Biz Property LLC
Warranty Deed
—
May 15, 2012
—
Wal-mart Real Estate Business
Car Biz Property LLC
Quit Claim Deed
related
—
Sep 18, 2007
$2,500,000
Car Boz Property LLC
Southtowne Properties Of S
Grant Deed
—
Sep 18, 2007
—
Car Biz Property LLC
Southtowne Properties Of S
Grant Deed
$1,267,500 · First Intercontinental 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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