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    Property profile & analytics

    7322 Stonecrest Concourse Lithonia, GA 30038

    • Turn key restaurants
    • 5,192 SF
    • 1.29 lot acres
    For Sale
    View listing
    $1,375,000
    Value Estimation
    Last Sale
    Dec 13, 2024
    $1,900,000
    Location Intelligence
    Property ID
    US22-1429283
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 7322 Stonecrest Concourse

    Year built
    2003
    Lot size
    1.29 lot acres
    Property size
    5,192 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    16 170 01 043
    APU
    1617001043

    Description

    This exceptional restaurant opportunity in Stonecrest, Georgia, presents a freestanding building on a 1.3-acre lot, ideally situated just minutes from Downtown Atlanta and 3 minutes from I-20. The 5,192 square foot building, constructed in 2003, boasts a spacious interior perfect for creating a thriving dining establishment. The property includes 73 dedicated parking spaces and an attractive patio area for outdoor dining. The fully equipped interior features a large bar area with 20 tap lines, along with existing tables and chairs, allowing for immediate operation. This turnkey opportunity benefits from high visibility and convenient access, previously housing successful restaurants including a soul food establishment and Buffalo Wild Wings. The asking price is $2,200,000. The property is zoned for restaurant and bar use. This is a rare chance to acquire a well-established location with significant potential in a high-traffic area of Dekalb County, GA, zip code 30038. The address is 7322 Stonecrest Concourse.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,255,000
      6.5%
      $1,315,000
      7%
      $1,425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,325,000
      Geo Method
      $1,395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,065,000
      Retail
      $1,215,000
      Mixed-Use
      $1,245,000
      Hospitality
      $1,340,000
      Educational
      $1,180,000
      Residential Income
      $1,460,000
      Energy
      $1,165,000
      Income-Based Land
      $1,350,000
      Food Service
      $1,445,000

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.0918
    Latitude
    33.6959
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $93,945
    $270,400
    $769,600
    $1,040,000
    -
    $676,000
    $1,924,000
    $2,600,000

    Comparable in this City

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    • Value Estimation
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      3620 Panola Rd

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      2965 Turner Hl Rd

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      4,597 SF

      3150 Turner Hl Rd

      RESTAURANT • 4,597 SF
      3150 Turner Hl Rd, Lithonia, GA 30038-2530
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    • Value Estimation by Request
      8,113 SF

      3011 Turner Hl Rd

      RESTAURANT • 8,113 SF
      3011 Turner Hl Rd, Lithonia, GA 30038-2529
      View Details
    • Value Estimation
      $275,000
      1,605 SF

      2970 Stonecrest Pass

      RESTAURANT • 1,605 SF
      2970 Stonecrest Pass, Lithonia, GA 30038-6905
      View Details

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    Lithonia, GA 30038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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