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    5735 Stables Way Alpharetta, GA 30004

    For Sale
    $558,620

    High-return warehouse condo, ideal for car enthusiasts.

    Property size:
    1,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 1,240 square foot warehouse condo in Alpharetta, Georgia (Unit D03, 5735 Stables Way, 30004), currently listed at $558,620. The property boasts a strong 8.50% cap rate, generating a net operating income (NOI) of $46,406. This net lease property features a single tenant with a 3-year lease term. The warehouse offers 1,643 square feet of net rentable space, with a price per square foot of $380. The unit is part of a secure, gated facility designed for car enthusiasts, offering 24/7 access, wide paved aisles, and 14x14 overhead doors with operators. Construction features include insulated masonry, energy-efficient LED lighting, and a ceiling height ranging from 21' 2.25" to 22' 9.25". All units are designed and approved for mezzanines (additional cost). The estimated monthly assessment is $375.80, with a one-time HOA initiation and administrative fee of $1,550. This property represents a lucrative investment with high potential for return and strong tenant occupancy. The location in Forsyth County, Alpharetta, provides easy access to major transportation routes.

    Property Features for 5735 Stables Way

    General Information

    Property type
    Distribution properties
    Square Feet
    1,240 SF

    HighLights

    • For Sale: 1,643 SF warehouse condo in Alpharetta, GA.
    • Ideal for car enthusiasts; secure, gated facility.
    • Insulated masonry construction with energy‑efficient LED lighting.
    • Mezzanine approved (additional cost).
    • 24/7 access; wide paved aisles; 14' x 14' overhead doors with operators.
    • Estimated $375.80 monthly assessment; $1,550 one‑time HOA fee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Alpharetta
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.2500332
    Latitude
    34.1464825

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    FAQs

    What type of property is this?
    Distribution property - High-return warehouse condo, ideal for car enthusiasts.
    Where is this distribution property located?
    The property is located at 5735 Stables Way Alpharetta, GA.
    What is the asking price?
    The asking price for this property is $558,620.
    What are key features of this property?
    This property features: For Sale: 1,643 SF warehouse condo in Alpharetta, GA.; Ideal for car enthusiasts; secure, gated facility.; Insulated masonry construction with energy-efficient LED lighting.
    Request Owner's contact information
    5735 Stables Way Alpharetta, GA 30004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5735 Stables Way Alpharetta, GA 30004
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