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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Investment properties
724 Lauren Pkwy Stone Mountain, GA 30083-3482
Entity Owned
12-yr Hold
Free & Clear
Property ID
US22-4440458
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1966
Total area
3,174 SF
Lot
0.69 ac (30,056 SF)
Zoning code
OI
APN
18 071 01 103
UPID
US22-4440458
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
-
Princewill Aneke Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$774k
Blend (final)
Blend
$685k
Owner & transaction history
Princewil O Aneke LLC · 12 yrs held
Princewil O Aneke LLC
since 2013
3 recorded transactions
Zoning & alternative use
OI · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$805,000
+78.5%
Auto repair, garage
$685,000
+52.0%
Neighborhood: shopping center
$600,000
+32.9%
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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$450,000
Current use
RETAIL STORES
$805,000
Change: +78% · Conversion: Easy
AUTO REPAIR, GARAGE
$685,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$600,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$595,000
Change: +33% · Conversion: Easy
OFFICE BUILDING
$550,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
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
$216 / 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
$5,575
Tax year 2024
Assessed value
$109,760
Assessed 2024
Previous assessed
$109,760
+0.0% YoY
Effective rate
5.08%
On assessed value
Assessed land
$87,160
Assessed improvement
$22,600
Land market value
$217,900
Improvement market value
$56,500
Total market value
$274,400
Applied tax rate
4.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1966
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
3,174 SF
Lot
0.69 ac (30,056 SF)
Zoning code
OI
APN
18 071 01 103
UPID
US22-4440458
Jurisdiction
DE KALB
Zoning & alternative use
OI · Stone Mountain, GA
Zoning OI · permitted uses
OI · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$450,000
RETAIL STORES
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$600,000
MEDICAL BUILDING
Est. value
$595,000
OFFICE BUILDING
Est. value
$550,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1966
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Princewil O Aneke LLC
Entity
Free & Clear · 12 yrs held
Mailing address
724 LAUREN PKWY, STONE MOUNTAIN, GA 30083-3482
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Jul 10, 2013
—
Princewil O Aneke LLC
Aneke,princewil O
Quit Claim Deed
related
—
Aug 22, 2012
$143,700
Bayview Ln Svcg LLC
Executive Brokers R/e INC
Trustees Deed
—
Aug 1, 2012
$90,000
Prinewill O Aneke
Bayview Ln Svcg LLC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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