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Property profile & analytics
OFF-MARKET
Estimated value
$9,465,000
Garden apartment buildings
6649 Chupp Rd Lithonia, GA 30058
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1873411
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2022
Total area
32,700 SF
Lot
14.31 ac (623,344 SF)
APN
16 120 02 014
UPID
US22-1873411
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.76M
Comparable Approach
Comparable
$8.35M
Blend (final)
Blend
$9.47M
Owner & transaction history
Stone Terrace Ga LLC · 3 yrs held
Stone Terrace Ga LLC
since 2023
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.7M
+83.7%
Auto repair, garage
$7.0M
+2.2%
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%
$7,320,000
6.5%
$6,760,000
7%
$6,275,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,895,000
Current use
RESTAURANT
$12,670,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,045,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,160,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$6,145,000
Change: -11% · Conversion: Moderate
OFFICE BUILDING
$5,685,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$9.47M
Range $8.52M – $10.41M · ±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
$289 / 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
$729,492
Tax year 2024
Assessed value
$15,392,400
Assessed 2024
Previous assessed
$16,481,200
-6.6% YoY
Effective rate
4.74%
On assessed value
Assessed land
$800,000
Assessed improvement
$14,592,400
Land market value
$2,000,000
Improvement market value
$36,481,000
Total market value
$38,481,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2022
Buildings
11
Units
240
Total area
32,700 SF
Lot
14.31 ac (623,344 SF)
APN
16 120 02 014
UPID
US22-1873411
Jurisdiction
DE KALB
Zoning & alternative use
Zoning · permitted uses
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.9M
RESTAURANT
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2022
Buildings
11
Units
240
Lot
14.31 ac
Current owner
From public records · entity-resolved
Stone Terrace Ga LLC
Entity
Mailing address
1075 COTTINGHAM DR, MOUNT PLEASANT, SC 29464-3503
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
—
Stone Terrace Ga LLC
—
Deed
related
$21,250,000 · Pgim Real Estate Agency Financing
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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