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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Medical Office Space
7215 Stonecrest Pkwy Lithonia, GA 30038-2563
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US22-1600492
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
3,304 SF
Lot
1.08 ac (47,045 SF)
Zoning code
C1
APN
16 170 04 008
UPID
US22-1600492
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
-
Dr. Young Shim Dental Office
-
Dr. Erik Goodwin Dental Office
-
Wayne Miller Dental Office
-
Erik Thurston Goodwin Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$1.02M
Owner & transaction history
Spdm LLC · 18 yrs held
Spdm LLC
since 2007
Last sale
$1.2M
3 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
Top alternative use upside
Auto repair, garage
$710,000
+14.7%
Commercial (general)
$650,000
+4.7%
Neighborhood: shopping center
$620,000
+0.3%
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%
$800,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$620,000
Current use
AUTO REPAIR, GARAGE
$710,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$650,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.20M (Dec 31 2025)
Last sale anchor
$1.20M
Dec 31 2025
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
$309 / 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
$17,224
Tax year 2024
Assessed value
$364,640
Assessed 2024
Previous assessed
$364,640
+0.0% YoY
Effective rate
4.72%
On assessed value
Assessed land
$225,800
Assessed improvement
$138,840
Land market value
$564,500
Improvement market value
$347,100
Total market value
$911,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
YES
Stories
1
Total area
3,304 SF
Lot
1.08 ac (47,045 SF)
Zoning code
C1
APN
16 170 04 008
UPID
US22-1600492
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Spdm LLC
Entity
Mailing address
7215 STONECREST PKWY, LITHONIA, GA 30038-2563
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2007
$865,000
Spdm LLC
Wendys International INC
Grant Deed
—
Sep 28, 2007
—
Spdm LLC
Wendys International INC
Grant Deed
related
—
—
—
Spdm LLC
—
Deed Of Trust
related
$541,000 · Georgia Mountains Regional Eco
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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