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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Commercial land
7222 Maddox Rd Lithonia, GA 30058-5113
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2015862
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
11,200 SF
Lot
1.25 ac (54,450 SF)
Zoning code
M
APN
16 165 02 021
UPID
US22-2015862
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$2.10M
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
6 recorded transactions
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+164.6%
Auto repair, garage
$2.4M
+47.2%
Apartment house (5+ units)
$2.4M
+44.0%
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%
$2,270,000
6.5%
$2,095,000
7%
$1,945,000
Alternative Use
Use
Estimation
RESTAURANT
$4,340,000
Change: +165% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,415,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,360,000
Change: +44% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,110,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$2,105,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$1,945,000
Change: +19% · Conversion: Easy
RETAIL STORES
$1,875,000
Change: +14% · Conversion: Easy
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
$250 / 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
$1,379
Tax year 2024
Assessed value
$17,440
Assessed 2024
Previous assessed
$17,440
+0.0% YoY
Effective rate
7.91%
On assessed value
Assessed land
$17,440
Land market value
$43,600
Total market value
$43,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Stories
1
Bathrooms
0
Total area
11,200 SF
Lot
1.25 ac (54,450 SF)
Zoning code
M
APN
16 165 02 021
UPID
US22-2015862
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
$4.3M
AUTO REPAIR, GARAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
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
Heating
NONE
Stories
1
Bathrooms
0
Lot
1.25 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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
—
Maddox Road Enterprises LLC
—
Deed
related
$2,600,000 · Spero Financial Federal Credit Union
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
—
Dec 15, 2005
$1,400,000
Tucker Architectural Millworks
Tucker Mill Works INC
Grant Deed
related
$1,120,000 · Wachovia Bank NA
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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