New search
Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Grocery and convenience stores
6201 Memorial Dr Stone Mountain, GA 30083-3263
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-4507895
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1973
Total area
2,728 SF
Lot
1.86 ac (81,022 SF)
Zoning code
C1
APN
18 091 08 003
UPID
US22-4507895
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
-
Sun City Caribbean & American Restaurant Better Food, Better Service Restaurant
-
G & T Automotive Auto Repair Shop
-
GRock Auto Auto Repair Shop Vehicle Inspection Center
-
Texaco Gas Station
-
Posh FX by Sade Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Indersatwant LLC · 3 yrs held
Indersatwant LLC
since 2023
Last sale
$962,100
3 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$690,000
+34.3%
Auto repair, garage
$590,000
+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
$850,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
RETAIL STORES
$690,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$590,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $962k (May 23 2023)
Last sale anchor
$962k
May 23 2023
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
$334 / 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
$16,173
Tax year 2024
Assessed value
$338,040
Assessed 2024
Previous assessed
$338,040
+0.0% YoY
Effective rate
4.78%
On assessed value
Assessed land
$273,812
Assessed improvement
$64,228
Land market value
$684,531
Improvement market value
$160,569
Total market value
$845,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
2,728 SF
Lot
1.86 ac (81,022 SF)
Zoning code
C1
APN
18 091 08 003
UPID
US22-4507895
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
RETAIL STORES
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$590,000
RETAIL STORES
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
1973
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
1.86 ac
Current owner
From public records · entity-resolved
Indersatwant LLC
Entity
Mailing address
6201 MEMORIAL DR, STONE MOUNTAIN, GA 30083-3263
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
May 23, 2023
$962,100
Indersatwant LLC
Kulbir & Sons INC
Warranty Deed
$769,612 · Georgias Own Credit Union
Oct 22, 2008
$2,100,000
Kulbir Sons INC
Patel,amritlal Ambalal
Grant Deed
—
Oct 22, 2008
—
Kulbir Sons INC
Patel,amritlal Ambalal
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6201 Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
