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Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Strip malls
8200 Mall Pkwy Lithonia, GA 30038-6983
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0842615
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
32,200 SF
Lot
21.33 ac (929,048 SF)
Zoning code
C2
APN
16 182 05 001
UPID
US22-0842615
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
-
Panera Bread Cafe & Coffee Shop
-
1800NewDeal Loan Service
-
Xfinity Store by Comcast Branded Partner Telecommunications Service Data Center
-
Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Edible Arrangements (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.98M
Owner & transaction history
Pgp Lithonia 1 LLC · 5 yrs held
Pgp Lithonia 1 LLC
since 2021
6 recorded transactions
Zoning & alternative use
C2 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+14.4%
Apartment house (5+ units)
$6.8M
+12.0%
Commercial (general)
$6.3M
+4.4%
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
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
NEIGHBORHOOD: SHOPPING CENTER
$6,065,000
Current use
AUTO REPAIR, GARAGE
$6,940,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,790,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,330,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$6,050,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$5,595,000
Change: -8% · Conversion: Moderate
RETAIL STORES
$5,385,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±10%
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
$155 / 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
$133,785
Tax year 2024
Assessed value
$2,844,880
Assessed 2024
Previous assessed
$2,640,000
+7.8% YoY
Effective rate
4.70%
On assessed value
Assessed land
$709,560
Assessed improvement
$2,135,320
Land market value
$1,773,900
Improvement market value
$5,338,300
Total market value
$7,112,200
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
0
Total area
32,200 SF
Lot
21.33 ac (929,048 SF)
Zoning code
C2
APN
16 182 05 001
UPID
US22-0842615
Jurisdiction
DE KALB
Zoning & alternative use
C2 · Lithonia, GA
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.6M
RETAIL STORES
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
2003
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
21.33 ac
Current owner
From public records · entity-resolved
Pgp Lithonia 1 LLC
Entity
Mailing address
PO BOX 17119, CHAPEL HILL, NC 27516-7119
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
$6,600,000
Pgp Lithonia 1 LLC
Rcg Lithonia Shops LLC
Warranty Deed
$4,290,000 · Standard Insurance
Oct 22, 2019
—
Rce-lithonia Shops LLC
—
Deed
related
$14,900,000 · Ameris Bank
Mar 1, 2017
—
Rcg-lithonia Shops LLC
—
Deed
related
$8,128,530 · Keybank USA
Jul 2, 2012
—
Bre Ddr Shops Of Turner Hill LLC
Ddr Mdt Shops Of Turner Hill LLC
Quit Claim Deed
related
—
Jun 7, 2006
—
Mdt S Ddr
Jdn Real Estate-turner
Grant Deed
related
—
—
—
Rcg-lithonia Shops LLC
—
Deed Of Trust
related
$8,128,530 · Keybank USA
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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