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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
6181 Memorial Dr Stone Mountain, GA 30083-2806
Individually Owned
4-yr Hold
Free & Clear
Property ID
US22-0194941
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
2,457 SF
Lot
1.6 ac (69,696 SF)
Zoning code
X
APN
18 091 02 004
UPID
US22-0194941
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
-
Draeger, Inc. Building Supply General Contractor
-
Ignition Interlock of Stone Mountain - 1st United Driving & DUI School Training Center Vocational School
-
Rebecca Kay Sapp Law Firm - Accident Laywers Law Firm
-
Rebecca Kay Sapp Law Firm - Stone Mountain Personal Injury and Car Accident Lawyer Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$505k
Owner & transaction history
Rebecca Sapp · 4 yrs held
Rebecca Sapp
since 2021
Last sale
$510,000
7 recorded transactions
Zoning & alternative use
X · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$620,000
+46.0%
Auto repair, garage
$530,000
+24.4%
Neighborhood: shopping center
$465,000
+8.7%
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
$485,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
RETAIL STORES
$620,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$530,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$460,000
Change: +8% · Conversion: Easy
COMMERCIAL (GENERAL)
$350,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $510k (Dec 23 2021)
Last sale anchor
$510k
Dec 23 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
$206 / 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
$9,086
Tax year 2024
Assessed value
$204,000
Assessed 2024
Previous assessed
$204,000
+0.0% YoY
Effective rate
4.45%
On assessed value
Assessed land
$89,760
Assessed improvement
$114,240
Land market value
$224,400
Improvement market value
$285,600
Total market value
$510,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1930
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
0
Total area
2,457 SF
Lot
1.6 ac (69,696 SF)
Zoning code
X
APN
18 091 02 004
UPID
US22-0194941
Jurisdiction
DE KALB
Zoning & alternative use
X · Stone Mountain, GAZoning X · permitted uses
X · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$425,000
RETAIL STORES
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$465,000
MEDICAL BUILDING
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$350,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1930
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.6 ac
Current owner
From public records · entity-resolved
Rebecca Sapp
Individual
Free & Clear · 4 yrs held
Mailing address
6181 MEMORIAL DR, STONE MOUNTAIN, GA 30083-2806
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$510,000
Rebecca Sapp
Ruths Management LLC
Warranty Deed
—
Aug 3, 2020
—
Ruths Management LLC
Leslies Management LLC
Warranty Deed
related
$354,278 · Quantum Nat'l Bk
Mar 13, 2017
—
Leslies Management LLC
—
Deed
related
$380,412 · Quantum Nat'l Bk
May 9, 2011
—
Leslies Management LLC
Sabir,marcus & Muneerah
Quit Claim Deed
related
$297,175 · Quantum National Bank
Jun 1, 2006
$407,000
The,levett Co
—
Trustees Deed
related
$385,500 · Quantum National Bank
Oct 21, 2005
—
Lang Communities LLC
B & L Communities
Quit Claim Deed
related
—
Dec 21, 2004
—
B Communities
Burgess,gary D
Quit Claim Deed
related
$362,000 · Main Street Bank
Nov 19, 2004
$407,000
Marcus Sabir
Tiffcam Properties LLC
Grant Deed
$345,950 · Quantum National Bank
Jun 21, 2004
$25,000
Keith A Pelmon
Tiffcam Properties LLC
Warranty Deed
—
—
—
Marcus M Sabir
—
Deed Of Trust
related
$7,400 · USA
—
—
Ruths Management LLC
—
Loan Modification
related
$354,278 · Quantum Nat'l Bk
—
—
Leslies Management LLC
—
Loan Modification
related
$380,412 · Quantum Nat'l Bk
—
—
Marcus M Sabir
—
Deed Of Trust
related
$28,300 · USA
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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