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Financial
Distress signals
Property profile

6970 Main St Lithonia, GA 30058

FOR SALE
Retail space
Property ID
US22-0038321
2,652 SF 0.06 ac lot Built 1940
Last sale Dec 2019 · $240,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 6970 Main Street Unit 6970 in Lithonia, Georgia, 30058, presents a unique investment opportunity. Built in 1940, this single-building property sits on a 0.1-acre lot and offers versatile space ideal for a variety of uses. The property's zoning allows for restaurants, bars, medical offices, or executive offices, making it highly adaptable to diverse business needs. Situated in the thriving commercial district of Historic Downtown Lithonia, this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$58k
Assessed land$7k
Assessed improvement$51k
Effective rate5.16%

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 9.82% cap applied$37k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$32 – $268
Qualifying comparables14

Cap rate analysis

How does the asset earn?
9.82%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionDE KALB

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.5
Realty agency10.8
Building Supply10.5

Location

6970 Main St Lithonia, GA 30058
County assessor Recorded deeds · 6 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6972 Main, Lithonia, GA 30058-4427 $100,000 Mar 2025 3,100 SF
8675 Covington, Lithonia, GA 30058 $350,000 Feb 2025 2,400 SF
6470 Covington, Lithonia, GA 30058-4827 $3,700,000 Jan 2023 3,237 SF
7097 Swift, Lithonia, GA 30058 $225,000 Jul 2022 3,200 SF
6966 Main, Lithonia, GA 30058-4427 $290,000 Nov 2021 3,800 SF
2219 Rock Chapel, Lithonia, GA 30058-5132 $350,000 Oct 2020 3,620 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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