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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office Spaces
8052 Mall Pkwy Lithonia, GA 30038-2649
Trust Owned
Absentee Owner
Free & Clear
Property ID
US22-0079870
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
3,007 SF
Lot
0.07 ac (3,006 SF)
Zoning code
X
APN
16 171 04 003
UPID
US22-0079870
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
-
DeKalb Women's Specialists Medical Clinic
-
Dr. Candace Alexander Dental Office
-
Dr. Trudy Seivwright Physician
-
Antoinette Holmes Midwife
-
Lynda Robinson, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$615k
Owner & transaction history
Akimot Legacy Trust Uta Dated Novem
Akimot Legacy Trust Uta Dated Novem
since 2025
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$650,000
+24.0%
Commercial (general)
$590,000
+13.1%
Neighborhood: shopping center
$565,000
+8.4%
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
$380,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$525,000
Current use
AUTO REPAIR, GARAGE
$650,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$590,000
Change: +13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$565,000
Change: +8% · Conversion: Easy
RETAIL STORES
$505,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $575k (Dec 3 2025)
Last sale anchor
$575k
Dec 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
$205 / 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
$8,892
Tax year 2024
Assessed value
$191,360
Assessed 2024
Previous assessed
$157,200
+21.7% YoY
Effective rate
4.65%
On assessed value
Assessed land
$15,800
Assessed improvement
$175,560
Land market value
$39,500
Improvement market value
$438,900
Total market value
$478,400
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
YES
Stories
1
Total area
3,007 SF
Lot
0.07 ac (3,006 SF)
Zoning code
X
APN
16 171 04 003
UPID
US22-0079870
Jurisdiction
DE KALB
Zoning & alternative use
X · Lithonia, GAZoning X · permitted uses
X · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
MEDICAL BUILDING
Est. value
$565,000
RETAIL STORES
Est. value
$505,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Akimot Legacy Trust Uta Dated Novem
Trust
Free & Clear · 0 yrs held
Mailing address
4080 ANNECY DR SW, ATLANTA, GA 30331-6407
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Akimot Legacy Trust Uta Dated Novem
Helping Hands Outreach Program INC
Warranty Deed
—
Dec 3, 2025
$575,000
Aaron Petty
Akimot Legacy Trust Uta Dated Novem
Deed
—
Nov 19, 2024
—
Akimot Legacy Trust
Helping Hands Outreach Program INC
Warranty Deed
—
Jul 12, 2024
$725,000
Niju Holdings LLC
Cts Holdings LLC
Warranty Deed
$580,000 · Cadence Bank
Aug 15, 2023
—
Stonecrest Professional Condominium
Innovative Capital LLC
Quitclaim Deed
related
—
Oct 25, 2022
$810,000
Helping Hands Outreach Program INC
Tve Wellness LLC
Warranty Deed
$567,000 · Development
Jun 3, 2022
$393,000
Atlanta Homes 4 Rent INC
Malachi 310 LLC
Warranty Deed
—
Aug 19, 2021
$365,000
Innovative Clinical Research Corp
Windham Properties LLC
Warranty Deed
—
Aug 18, 2016
—
Cts Holdings LLC
—
Deed
related
$602,000 · First Citizens Bank
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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