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Property profile & analytics
OFF-MARKET
Retail space
7698 Covington Hwy Lithonia, GA 30058
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1334294
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
2,400 SF
Lot
1.28 ac (55,757 SF)
Zoning code
X
APN
16 137 08 006
UPID
US22-1334294
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Overcomers Cathedral Tabernacle of Prayer Inc. Church
-
Talking Tools Auto Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Susan S Phillips · 3 yrs held
Susan S Phillips
since 2023
7 recorded transactions
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,933
Tax year 2024
Assessed value
$112,000
Assessed 2024
Previous assessed
$112,000
+0.0% YoY
Effective rate
5.30%
On assessed value
Assessed land
$48,040
Assessed improvement
$63,960
Land market value
$120,100
Improvement market value
$159,900
Total market value
$280,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
5
Stories
1
Bathrooms
0
Total area
2,400 SF
Lot
1.28 ac (55,757 SF)
Zoning code
X
APN
16 137 08 006
UPID
US22-1334294
Jurisdiction
DE KALB
Zoning & alternative use
X · Lithonia, GA
Zoning X · permitted uses
X · 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.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Buildings
5
Bathrooms
0
Lot
1.28 ac
Current owner
From public records · entity-resolved
Susan S Phillips
Individual
Free & Clear · 3 yrs held
Mailing address
4612 E FAIRVIEW RD SW, STOCKBRIDGE, GA 30281-5311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
—
Susan S Phillips
Phillips Jack Ameil Estate
Warranty Deed
—
May 2, 2018
—
Jack A Phillips
Page Jane E
Quit Claim Deed
related
—
May 2, 2018
$280,000
Jack A Phillips
Page Jane E
Grant Deed
—
May 2, 2018
$425,000
Jane Page
Page Jane|taylor,thomas
Trustees Deed
related
—
Nov 7, 2012
$425,000
Jane P Page
Page Jane P
Trustees Deed
related
—
Mar 30, 2009
$70,000
Thomas Taylor
Page,jane E
Grant Deed
—
Mar 30, 2009
$700,000
Thomas Taylor
Page,jane E
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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