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Property profile & analytics
OFF-MARKET
Estimated value
$6,190,000
Community centers
5976 Memorial Dr Stone Mountain, GA 30083-3430
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1063203
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1970
Total area
26,280 SF
Lot
4.54 ac (197,762 SF)
Zoning code
C1
APN
18 071 02 012
UPID
US22-1063203
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
-
Bank of America ATM (Drive-thru) Atm
-
C & C Beauty and Beyond Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.16M
CAP Approach
CAP
$6.50M
Comparable Approach
Comparable
$8.03M
Blend (final)
Blend
$6.19M
Owner & transaction history
Criterion Stonewood Village LLC · 4 yrs held
Criterion Stonewood Village LLC
since 2022
Last sale
$6.2M
1 recorded transaction
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+43.8%
Retail stores
$6.7M
+34.3%
Auto repair, garage
$5.7M
+14.4%
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
$6,300,000
ML approach
$6,160,000
CAP Approach
CAP Return
Estimation
6%
$7,040,000
6.5%
$6,495,000
7%
$6,035,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,950,000
Current use
RESTAURANT
$7,115,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$6,650,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,665,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$4,935,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$4,550,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$6.19M
Range $5.57M – $6.81M · ±10% · vs last sale $6.15M (May 18 2022)
Last sale anchor
$6.15M
May 18 2022
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
$236 / 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
$167,976
Tax year 2024
Assessed value
$2,360,000
Assessed 2024
Previous assessed
$2,460,000
-4.1% YoY
Effective rate
7.12%
On assessed value
Assessed land
$566,400
Assessed improvement
$1,793,600
Land market value
$1,416,000
Improvement market value
$4,484,000
Total market value
$5,900,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
26,280 SF
Lot
4.54 ac (197,762 SF)
Zoning code
C1
APN
18 071 02 012
UPID
US22-1063203
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.0M
RESTAURANT
Est. value
$7.1M
RETAIL STORES
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.54 ac
Current owner
From public records · entity-resolved
Criterion Stonewood Village LLC
Entity
Mailing address
202 E 2ND AVE, OWASSO, OK 74055-3132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2022
$6,150,000
Criterion Stonewood Village LLC
Ipf Stonewood Limited Partnership
Personal Representative Deed
$5,250,000 · Relyance 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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