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Property profile & analytics
OFF-MARKET
Estimated value
$42,410,000
Distribution centers
777 Douglas Hls Rd Lithia Springs, GA 30122-3684
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2805744
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
CONCRETE
Total area
342,600 SF
Lot
18.8 ac (818,928 SF)
Zoning code
LI-R
APN
0877-18-2- -00001
UPID
US22-2805744
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$29.23M
Blend (final)
Blend
$42.41M
Owner & transaction history
PAC OPERATING · 1 yrs held
PAC OPERATING
since 2025
Last sale
$49.0M
1 recorded transaction
Zoning & alternative use
LI-R · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$66.1M
+114.0%
Retail stores
$48.2M
+56.1%
Auto repair, garage
$42.2M
+36.6%
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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$30,870,000
Current use
OFFICE BUILDING
$66,065,000
Change: +114% · Conversion: Difficult
RETAIL STORES
$48,180,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$42,165,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$39,640,000
Change: +28% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$30,600,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$42.41M
Range $38.17M – $46.65M · ±10% · vs last sale $49.00M (Jun 3 2025)
Last sale anchor
$49.00M
Jun 3 2025
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
$124 / 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
$259,639
Tax year 2024
Assessed value
$8,252,200
Assessed 2024
Previous assessed
$7,200,000
+14.6% YoY
Effective rate
3.15%
On assessed value
Assessed land
$601,600
Assessed improvement
$7,650,600
Land market value
$1,504,000
Improvement market value
$19,126,500
Total market value
$20,630,500
Applied tax rate
1.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
YES
Buildings
6
Stories
1
Bathrooms
1
Total area
342,600 SF
Lot
18.8 ac (818,928 SF)
Zoning code
LI-R
APN
0877-18-2- -00001
UPID
US22-2805744
Jurisdiction
DOUGLAS
Zoning & alternative use
LI-R · Lithia Springs, GA
Zoning LI-R · permitted uses
LI-R · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithia Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$30.9M
OFFICE BUILDING
Est. value
$66.1M
RETAIL STORES
Est. value
$48.2M
AUTO REPAIR, GARAGE
Est. value
$42.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$39.6M
INDUSTRIAL (GENERAL)
Est. value
$30.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Construction
CONCRETE
Heating
YES
Stories
1
Buildings
6
Bathrooms
1
Lot
18.8 ac
Current owner
From public records · entity-resolved
PAC OPERATING
Individual
Free & Clear · 1 yrs held
Mailing address
60 STATE ST STE #1200, BOSTON, MA 02109-1933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$49,000,000
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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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