Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    608 Thornton Rd Lithia Springs, GA 30122-4116
    Property profile & analytics

    608 Thornton Rd Lithia Springs, GA 30122-4116

    View on Map
    • Drive through restaurants
    • 2,280 SF
    • 0.99 lot acres
    Off-Market
    Property ID
    US22-1712750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • Popeyes Louisiana Kitchen / Restaurant

    Property Details for 608 Thornton Rd

    Year built
    2012
    Construction
    WOOD FRAME
    Lot size
    0.99 lot acres
    Property size
    2,280 SF
    Zone code
    6
    Property type
    Drive through restaurants
    APN
    0424-18-2- -00007
    APU
    42418200007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lithia Springs
    County
    Douglas
    State
    Georgia
    Longitude
    -84.6217
    Latitude
    33.7893
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,481
    $278,000
    $51,560
    $329,560
    -
    $695,000
    $128,900
    $823,900

    Comparable in this City

    • Value Estimation by Request
      2,376 SF

      664 Thornton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,376 SF
      664 Thornton Rd, Lithia Springs, GA 30122-1518
      View Details
    • Value Estimation by Request
      2,862 SF

      885 Thornton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,862 SF
      885 Thornton Rd, Lithia Springs, GA 30122-2607
      View Details
    • Value Estimation by Request
      3,229 SF

      940 Thornton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,229 SF
      940 Thornton Rd, Lithia Springs, GA 30122-4437
      View Details
    • Value Estimation by Request
      3,167 SF

      989 Thornton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,167 SF
      989 Thornton Rd, Lithia Springs, GA 30122-2623
      View Details
    • Value Estimation by Request
      3,745 SF

      835 Thornton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,745 SF
      835 Thornton Rd, Lithia Springs, GA 30122-2610
      View Details
    • Value Estimation by Request
      3,372 SF

      650 Maxham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,372 SF
      650 Maxham Rd, Lithia Springs, GA 30122-4102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,532 SF

      Applebee's NNN Investment Opportunity

      Single-tenant retail property leased to Applebee's with long-term tenancy.
      550 Thornton Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      1,760 SF

      Waffle House NNN Ground Lease

      Long-term tenant, strong fundamentals, absolute NNN ground lease.
      613 Thornton Rd, Lithia Springs, GA 30122
      View Details
    • New
      $400,000
      1.19 Acres

      Prime Commercial Land Opportunity

      High-traffic location suitable for retail, office, or medical ventures.
      232 Thornton Rd, Lithia Springs, GA 30122
      View Details
    • $400,000
      Pending

      Commercial Property on Sweetwater Road

      Commercial property with flexible layout and ample parking.
      7058 S Sweetwater Rd, Lithia Springs, GA 30122
      View Details
    • $4,900,000
      10,400 SF

      Established Liquor Store Investment Opportunity

      Profitable liquor store with strong sales and growth potential.
      535 Maxham Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      18,785 SF

      Remodeled Retail Building on Thornton Road

      Renovated retail building with strong fundamentals and excellent visibility.
      615 Thornton Rd, Lithia Springs, GA 30122
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,700 SF

      Retail Space on Thornton Road

      1,700 SF retail space in high-traffic area near I-20.
      865 Thornton Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      395,750 SF

      Spacious Lithia Springs Warehouse

      395,750 SF warehouse space available for lease.
      2124 Skyview Dr, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      199,505 SF

      Lithia Springs Warehouse Space

      199,505 square foot warehouse space available for lease.
      750 Maxham Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      85,133 SF

      Industrial Space in Lithia Springs

      85,133 SF industrial space available for lease.
      2223 Thornton Rd, Lithia Springs, GA 30122
      View Details
    • $2,000 /Mo

      Freestanding Commercial House in Lithia

      2,400 SF commercial house for lease in Lithia Springs.
      6869 S Sweetwater Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing

      Lithia Springs Warehouse Space Available

      395,750 SF warehouse space for lease in Lithia Springs.
      2124 Skyview Dr, Lithia Springs, GA 30122
      View Details

    Property Visit Statistics

    • Visits by month
      12.7k
    • Visitors by month
      10.8k
    • Avg Time on site
      13 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    608 Thornton Rd
    Lithia Springs, GA 30122-4116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    608 Thornton Rd, Lithia Springs, GA, 30122
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!