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Property profile & analytics
OFF-MARKET
Estimated value
$1,710,000
Community centers
6319 Memorial Dr Stone Mountain, GA 30083-2810
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-0540566
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1982
Construction
WOOD FRAME
Total area
7,000 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C1
APN
18 091 04 002
UPID
US22-0540566
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
-
bp Car Wash
-
Soni Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.71M
Owner & transaction history
Shahan Property Management LLC
Shahan Property Management LLC
since 2026
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C1 · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+43.8%
Retail stores
$1.8M
+34.3%
Auto repair, garage
$1.5M
+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
$1,590,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,320,000
Current use
RESTAURANT
$1,895,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$1,770,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,510,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$1,315,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,215,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$1.71M
Range $1.54M – $1.88M · ±10% · vs last sale $1.80M (Feb 1 2023)
Last sale anchor
$1.80M
Feb 1 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
$244 / 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
$19,677
Tax year 2024
Assessed value
$430,360
Assessed 2024
Previous assessed
$430,360
+0.0% YoY
Effective rate
4.57%
On assessed value
Assessed land
$115,080
Assessed improvement
$315,280
Land market value
$287,700
Improvement market value
$788,200
Total market value
$1,075,900
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
1982
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
7,000 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C1
APN
18 091 04 002
UPID
US22-0540566
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
$1.3M
RESTAURANT
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
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
1982
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Shahan Property Management LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3175 N CYPRESS POND PASS STE #130, DULUTH, GA 30097-3722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 30, 2026
—
Shahan Property Management LLC
Zainulabdin Gillani
Quitclaim Deed
related
—
Aug 26, 2025
—
Shahan Property Management LLC
—
Deed
related
$200,000 · Memorial Assets
Jul 25, 2025
—
Shahan Property Management LLC
Memorial Assets LLC
Quitclaim Deed
related
—
Jul 17, 2025
—
Shahan Property Management LLC
—
Deed
related
$1,330,000 · First Ic Bank
Jul 8, 2025
—
Memorial Assets LLC
Mgs Venture LLC
Quitclaim Deed
related
—
May 9, 2025
$3,765,000
Shahan Property Management LLC
Memorial Assets LLC
Deed
$1,865,000 · Memorial Assets
Feb 1, 2023
$1,800,000
Memorial Assets LLC
Mgs Venture LLC
Warranty Deed
$1,260,000 · Mgs Venture
Oct 11, 2019
$600,000
Mgs Venture LLC
Tri Nguyen
Grant Deed
—
May 8, 2007
$550,000
Tung Nguyen
Tran,kevin Van
Grant Deed
—
May 7, 2007
—
Kevin Van Tran
Nguyen,trang
Quit Claim Deed
related
—
Dec 21, 2005
—
Kevin V Tran
Tran,kevin V
Quit Claim Deed
—
Feb 19, 2004
$388,000
Doi C Truong
Shaikh,rafat
Grant Deed
—
Feb 19, 2004
—
Doi C Truong
Shaikh,rafat
Quit Claim 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.
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