New search
Property profile & analytics
FOR LEASE
Retail space
7245 Rockbridge Rd SW Lithonia, GA 30058
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0291035
For Lease
1 / 3
$3,725,000
7245 Rockbridge Rd SW, Lithonia, GA 30058
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
28,649 SF
Lot
4.57 ac (199,069 SF)
Zoning code
RCD
APN
18 026 04 085
UPID
US22-0291035
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
-
Nail shop Nail Salon
-
ALL N 1 DRIVING SCHOOL Training Center Vocational School
-
B2B Fitness (Barbells 2 Bikinis) Gym & Fitness Center
-
Starting Line-up Barbershop Barber Shop
-
The Tax Center Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$3.73M
Owner & transaction history
Rockbridge Investment Property LLC · 5 yrs held
Rockbridge Investment Property LLC
since 2021
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
RCD · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.2M
+28.8%
Apartment house (5+ units)
$6.0M
+26.1%
Neighborhood: shopping center
$5.4M
+12.6%
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
$3,700,000
ML approach
$3,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,790,000
Current use
AUTO REPAIR, GARAGE
$6,175,000
Change: +29% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,040,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,395,000
Change: +13% · Conversion: Moderate
MEDICAL BUILDING
$5,380,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$4,980,000
Change: +4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,605,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±10% · vs last sale $3.75M (Jun 11 2021)
Last sale anchor
$3.75M
Jun 11 2021
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
$130 / 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
$60,401
Tax year 2024
Assessed value
$2,597,520
Assessed 2024
Previous assessed
$1,337,640
+94.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$414,668
Assessed improvement
$2,182,852
Land market value
$1,036,671
Improvement market value
$5,457,129
Total market value
$6,493,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2006
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
0
Total area
28,649 SF
Lot
4.57 ac (199,069 SF)
Zoning code
RCD
APN
18 026 04 085
UPID
US22-0291035
Jurisdiction
DE KALB
Zoning & alternative use
RCD · Lithonia, GA
Zoning RCD · permitted uses
RCD · 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
RETAIL STORES Current
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
0
Lot
4.57 ac
Current owner
From public records · entity-resolved
Rockbridge Investment Property LLC
Entity
Mailing address
7245 ROCKBRIDGE RD, LITHONIA, GA 30058-8613
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
—
Rockbridge Investment Property LLC
Hale Rockbridge LLC
Quit Claim Deed
related
$2,250,000 · Loyal Trust Bank
Jun 11, 2021
$3,750,000
Rockbridge Investment Property LLC
Hale Rockbridge LLC
Limited Warranty Deed
$2,250,000 · Loyal Trust Bank
Apr 8, 2011
—
Stephen Smith
Federal Home Loan Mtg Corp
Grant Deed
related
—
Feb 4, 2011
—
Rockbridge LLC
Signature Bk Of Ga
Grant Deed
related
—
Sep 10, 2009
$275,000
Hale Rockbridge LLC
Signature Bk Of Ga
Grant Deed
$3,275,000 · Signature Bk/ga
Aug 31, 2009
$3,275,000
Hale Rockbridge LLC
Signature Bank Of Georgia
Grant Deed
—
Jul 7, 2009
$3,530,000
Signature Bank Of Georgia
Signature Bank Of Georgia
Grant Deed
related
—
—
—
Hale Rockbridge Kkc
—
Loan Modification
related
$3,031,240 · Signature Bk/ga
—
—
Hale Rockbridge LLC
—
Loan Modification
related
—
—
—
Hale Rockbridge LLC
—
Loan Modification
related
—
—
—
Hale Rockbridge LLC
—
Loan Modification
related
—
—
—
Hale Rockbridge LLC
—
Loan Modification
related
—
—
—
Hale Rockbridge LLC
—
Loan Modification
related
—
—
—
Hale Rockbridge LLC
—
Deed Of Trust
related
$3,275,000 · Signature Bank Of Georgia
—
—
Hale Rockbridge LLC
—
Deed Of Trust
related
$3,275,000 · Signature Bank Of Georgia
—
—
Hale Rockbridge LLC
—
Loan Modification
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?”
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.
