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    Property profile & analytics

    6835 Main St Lithonia, GA 30058-4521

    • Day care centers
    • 2,402 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3962146
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ABC Learning Center / Daycare Center

    Property Details for 6835 Main St

    Year built
    1910
    Lot size
    0.53 lot acres
    Property size
    2,402 SF
    Zone code
    C-1
    Property type
    Day care centers
    APN
    16 137 08 002
    APU
    1613708002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1108
    Latitude
    33.7087
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,534
    $32,320
    $32,720
    $65,040
    -
    $80,800
    $81,800
    $162,600

    Comparable in this City

    • Value Estimation by Request
      2,014 SF

      1966 Stone Mtn Lithonia Rd

      DAY CARE, PRE-SCHOOL • 2,014 SF
      1966 Stone Mtn Lithonia Rd, Lithonia, GA 30058-5315
      View Details
    • Value Estimation by Request
      9,516 SF

      2647 Panola Rd

      DAY CARE, PRE-SCHOOL • 9,516 SF
      2647 Panola Rd, Lithonia, GA 30058
      View Details
    • Value Estimation by Request
      2,186 SF

      3058 Stone Mtn St

      DAY CARE, PRE-SCHOOL • 2,186 SF
      3058 Stone Mtn St, Lithonia, GA 30058-4414
      View Details
    • Value Estimation by Request
      4,290 SF

      1645 Redan E

      DAY CARE, PRE-SCHOOL • 4,290 SF
      1645 Redan E, Lithonia, GA 30058-5393
      View Details
    • Value Estimation
      $515,000
      6,238 SF

      7446 Covington Hwy

      DAY CARE, PRE-SCHOOL • 6,238 SF
      7446 Covington Hwy, Lithonia, GA 30058-7612
      View Details
    • Value Estimation by Request
      5,117 SF

      2294 Wellborn Rd

      DAY CARE, PRE-SCHOOL • 5,117 SF
      2294 Wellborn Rd, Lithonia, GA 30058-5456
      View Details

    Similar Nearby for Sale

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      4,389 SF

      Lithonia Land with Church & House

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    • $1,099,000
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      Historic Church in Lithonia, GA

      Historic 16,000 SF church on 1.1 acres for sale.
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    • $380,000
      2,652 SF

      Commercial Property in Historic Lithonia

      Commercial property in Lithonia's Historic Downtown, ideal for offices/restaurants.
      6970 Main St, Lithonia, GA 30058
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    • $59,900
      0.51 Acres

      Land in Established Lithonia Neighborhood

      Spacious lot in Lithonia, ideal for building or investment.
      6991 Bruce Cir, Lithonia, GA 30058
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    • $2,000,000
      17.25 Acres

      Lithonia Land with Development Potential

      17.25 acres in Lithonia, GA, suitable for development.
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      Land in Prime Lithonia Location

      1.96-acre lot, ideal for building a custom home.
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    Similar Nearby for Lease

    • $9 SF/Yr
      14,442 SF

      Lithonia Warehouse: 14,442 SF

      Spacious DeKalb County warehouse available.
      2230 Lithonia Industrial Blvd, Lithonia, GA 30058
      View Details
    • Contact for pricing

      Distribution Center BTS Opportunity

      Build-to-suit distribution center with ample parking and storage.
      8637 Covington Hwy, Lithonia, GA 30058
      View Details
    • Contact for pricing
      8,000 SF

      Lithonia Warehouse with Storage Space

      Warehouse with shop, office, and large outside storage area.
      6520 Marbut Rd, Lithonia, GA 30058
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    • Contact for pricing
      7,831 SF

      Industrial Property with Outside Storage

      Industrial building with outside storage and fenced yard for lease.
      6523 Marbut Rd, Lithonia, GA 30058
      View Details
    • Contact for pricing

      Distribution Center BTS Opportunity

      Build-to-suit distribution center opportunity with ample parking.
      8637 Covington Hwy, Lithonia, GA 30058
      View Details
    • Contact for pricing

      8.75 Acre Trailer Lot

      8.75 acre trailer lot/outside storage available for rent.
      8637 Covington Hwy, Lithonia, GA 30058
      View Details
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    6835 Main St
    Lithonia, GA 30058-4521
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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