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Property profile & analytics
OFF-MARKET
Estimated value
$3,310,000
Office buildings
6440 Old Hillandale Dr Lithonia, GA 30058-7672
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1132305
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD FRAME
Total area
18,000 SF
Lot
1 ac (43,560 SF)
Zoning code
M
APN
16 105 04 006
UPID
US22-1132305
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
-
KES Inc Social Service Agency Charitable Organization
-
The Arnold Law Firm, LLC Law Firm
-
Entrepreneur Auto Sales Car Dealership
-
GECL Development Group Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.96M
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$3.31M
Owner & transaction history
Kes INC · 8 yrs held
Kes INC
since 2017
6 recorded transactions
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+24.0%
Apartment house (5+ units)
$3.8M
+21.3%
Neighborhood: shopping center
$3.4M
+8.4%
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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,285,000
6.5%
$3,955,000
7%
$3,675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,130,000
Current use
AUTO REPAIR, GARAGE
$3,880,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,795,000
Change: +21% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,390,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$3,380,000
Change: +8% · Conversion: Easy
RETAIL STORES
$3,010,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,890,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±10%
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
$184 / 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
$43,304
Tax year 2024
Assessed value
$944,080
Assessed 2024
Previous assessed
$385,320
+145.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$29,640
Assessed improvement
$914,440
Land market value
$74,100
Improvement market value
$2,286,100
Total market value
$2,360,200
Applied tax rate
80.0000
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
1971
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
18,000 SF
Lot
1 ac (43,560 SF)
Zoning code
M
APN
16 105 04 006
UPID
US22-1132305
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GA
Zoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (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
1971
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Kes INC
Entity
Mailing address
6440 OLD HILLANDALE DR, LITHONIA, GA 30058-7672
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2019
—
Kes INC
—
Trustees Deed
related
$370,000 · Berkeley Alternative Income Fu
Aug 8, 2017
$900,000
Kes INC
Burroughs,laverne D
Grant Deed
$800,000 · Laverne D Burroughs
Oct 8, 2014
$450,000
Laverne D Burroughs
Davis James W
Grant Deed
—
Feb 22, 2005
$450,000
James W Davis
Jubilee Holdings Co Ltd
Warranty Deed
—
—
—
Kes INC
—
Deed Of Trust
related
$462,500 · Berkeley Alternative Income Fu
—
—
Kes INC
—
Deed Of Trust
related
$384,000 · Florida Busn Dev
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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