Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Warehouses
7214 Maddox Rd Lithonia, GA 30058-5113
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4727744
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
10,080 SF
Lot
5.4 ac (235,224 SF)
Zoning code
M
APN
16 165 02 015
UPID
US22-4727744
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
-
My Mechanic Mike Auto Repair Shop
-
My Mechanic Service & Sales Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Maddox Road Enterprises LLC · 2 yrs held
Maddox Road Enterprises LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+422.8%
Auto repair, garage
$2.2M
+190.8%
Apartment house (5+ units)
$2.1M
+184.6%
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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,905,000
Change: +423% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,170,000
Change: +191% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,125,000
Change: +185% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,900,000
Change: +154% · Conversion: Moderate
MEDICAL BUILDING
$1,895,000
Change: +153% · Conversion: Difficult
OFFICE BUILDING
$1,750,000
Change: +135% · Conversion: Difficult
RETAIL STORES
$1,685,000
Change: +126% · Conversion: Moderate
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Feb 29 2024)
Last sale anchor
$2.80M
Feb 29 2024
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
$278 / 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
$42,256
Tax year 2024
Assessed value
$1,455,600
Assessed 2024
Previous assessed
$1,491,560
-2.4% YoY
Effective rate
2.90%
On assessed value
Assessed land
$96,000
Assessed improvement
$1,359,600
Land market value
$240,000
Improvement market value
$3,399,000
Total market value
$3,639,000
Applied tax rate
80.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
3
Stories
1
Total area
10,080 SF
Lot
5.4 ac (235,224 SF)
Zoning code
M
APN
16 165 02 015
UPID
US22-4727744
Jurisdiction
DE KALB
Zoning & alternative use
M · Lithonia, GA
Zoning M · permitted uses
M · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1987
Heating
NONE
Stories
1
Buildings
3
Lot
5.4 ac
Current owner
From public records · entity-resolved
Maddox Road Enterprises LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4612 E FAIRVIEW RD SW, STOCKBRIDGE, GA 30281-5311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
$2,800,000
Maddox Road Enterprises LLC
Susan S Phillips
Limited Warranty Deed
—
Nov 14, 2016
—
Jack A Phillips
Phillips,jack A & Susan C
Quit Claim Deed
related
—
Jun 14, 2013
$4,000
Jack Phillips
Crm Central Properties LLC
Grant Deed
—
Dec 28, 2012
—
Crm Central Props LLC
Tucker Re LLC
Warranty Deed
related
—
Jun 7, 2007
$1,625,000
Tucker Re LLC
Tucker,architectural Millw
Grant Deed
related
—
Dec 15, 2005
$1,400,000
Tucker Architectural Millworks
Tucker Mill Works INC
Deed
$1,120,000 · Wachovia Bk NA
Dec 15, 2005
—
Tucker Mill Works INC
Lee,david E
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7214 Maddox Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
