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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Strip malls
6847 Main St Lithonia, GA 30058
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0189460
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
WOOD FRAME
Total area
81,545 SF
Lot
3.83 ac (166,835 SF)
Zoning code
C1
APN
16 153 14 001
UPID
US22-0189460
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
-
Si House Painting Lithonia Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.64M
Owner & transaction history
Safari Ents INC · 14 yrs held
Safari Ents INC
since 2012
5 recorded transactions
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents
Zone name
Local Commercial District
General category
COMMERCIAL
Zone area
23.62 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$85,663
Tax year 2024
Assessed value
$1,593,080
Assessed 2024
Previous assessed
$1,593,080
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$15,931
Assessed improvement
$1,577,149
Land market value
$39,827
Improvement market value
$3,942,873
Total market value
$3,982,700
Applied tax rate
54.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
81,545 SF
Lot
3.83 ac (166,835 SF)
Zoning code
C1
APN
16 153 14 001
UPID
US22-0189460
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Lithonia, GAZoning C1 · permitted uses
C1 · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents
Zone name
Local Commercial District
General category
COMMERCIAL
Zone area
23.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.83 ac
Current owner
From public records · entity-resolved
Safari Ents INC
Entity
Free & Clear · 14 yrs held
Mailing address
1811 BALLYBUNION DR, DULUTH, GA 30097-2082
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Jul 12, 2021
—
Safari Enterprises INC
—
Deed
related
$1,412,000 · Promiseone Bank
Apr 13, 2012
$432,000
Safari Ents INC
Rem Capital Partners LLC
Quit Claim Deed
related
—
Jun 13, 2011
$360,000
Rem Capital Partners LLC
Sheriff Of Dekalb County
Tax Deed
related
—
Dec 4, 2006
—
Safari Ents INC
—
Deed Of Trust
related
$5,500,000 · Alpha Bank & Trust
—
—
Safari Ents INC
—
Loan Modification
related
$5,669,775 · Cxa-16 Corp
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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