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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Car washes
662 Thornton Rd Lithia Springs, GA 30122-1518
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4312259
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1999
Construction
CONCRETE
Total area
7,280 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CG
APN
0423-18-2- -00008
UPID
US22-4312259
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
-
Tires Plus (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$815k
Owner & transaction history
Reed,janice H 2013 Trust · 5 yrs held
Reed,janice H 2013 Trust
since 2021
5 recorded transactions
Zoning & alternative use
CG · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+14.3%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$895,000
Current use
RETAIL STORES
$1,025,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$112 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,759
Tax year 2023
Assessed value
$435,120
Assessed 2023
Previous assessed
$435,120
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$173,320
Assessed improvement
$261,800
Land market value
$433,300
Improvement market value
$654,500
Total market value
$1,087,800
Applied tax rate
3.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
7,280 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CG
APN
0423-18-2- -00008
UPID
US22-4312259
Jurisdiction
DOUGLAS
Zoning & alternative use
CG · Lithia Springs, GAZoning CG · permitted uses
CG · Lithia Springs, 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
AUTO REPAIR, GARAGE Current
Est. value
$895,000
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Reed,janice H 2013 Trust
Trust
Free & Clear · 5 yrs held
Mailing address
114 PEABODY CT, GRASS VALLEY, CA 95945-5421
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
$243,600
Reed,janice H 2013 Trust
Reed D C Separate Prop Trust
Grant Deed
related
—
Oct 3, 2017
—
Reed,dirk C 2013 Trust
Reed,dirk C
Quit Claim Deed
related
—
Oct 15, 2008
—
Family Fund LLC
General Electric Capital Corp
Quit Claim Deed
related
—
Sep 16, 2008
$2,380,000
Dirk C Reed
Family Fund LLC
Deed
$1,200,000 · West Coast Life Ins Co
Sep 11, 2008
$2,380,000
Dirk C Reed
The Family Fund LLC
Grant Deed
$1,200,000 · West Coast Life Insurance
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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