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Property profile & analytics
OFF-MARKET
Estimated value
$2,870,000
Retail properties & Spaces
8010 Mall Pkwy Lithonia, GA 30038-2542
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1395298
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2001
Total area
144,224 SF
Lot
11.86 ac (516,578 SF)
Zoning code
C1
APN
16 170 01 034
UPID
US22-1395298
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
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
Mjp Dep LLC · 5 yrs held
Mjp Dep LLC
since 2020
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
C1 · 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
Method
Estimation
Statistic approach
$2,895,000
ML approach
$3,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.87M
Range $2.58M – $3.16M · ±10% · vs last sale $2.75M (Nov 12 2020)
Last sale anchor
$2.75M
Nov 12 2020
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
$20 / 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
$101,694
Tax year 2024
Assessed value
$1,792,581
Assessed 2024
Previous assessed
$1,792,581
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$394,368
Assessed improvement
$1,398,213
Land market value
$985,920
Improvement market value
$3,495,533
Total market value
$4,481,453
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Stories
2
Total area
144,224 SF
Lot
11.86 ac (516,578 SF)
Zoning code
C1
APN
16 170 01 034
UPID
US22-1395298
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Lithonia, GA
Zoning C1 · permitted uses
C1 · 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
2001
Heating
NONE
Cooling
Yes
Stories
2
Lot
11.86 ac
Current owner
From public records · entity-resolved
Mjp Dep LLC
Entity
Mailing address
2281 GLN MARY PLSTE740, DULUTH, GA 30097-3715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2020
$2,750,000
Mjp Dep LLC
Bpcp Stonecrest LLC
Grant Deed
$2,800,000 · Hanmi Bk
Nov 12, 2020
—
Mjp Dep LLC
Bpcp Stonecrest LLC
Quit Claim Deed
related
—
Jul 17, 2020
$2,750,000
Bpcp Stonecrest LLC
Bay Pt Cap Ptrs LP|atlanta Sports Connection INC
Foreclosure
—
Nov 4, 2019
—
Bpcp Stonecrest LLC
Bpcp Ventures LLC
Quit Claim Deed
related
—
Aug 5, 2019
—
Bpcp Ventures LLC
Atlanta Sports Connection INC
Deed In Lieu Of Foreclosure
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.
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