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    Property profile & analytics

    6800 Point Pkwy Alpharetta, GA 30022

    • Retail space
    • 33,600 SF
    • 4.60 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1813447
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 6800 Point Pkwy

    Year built
    1997
    Lot size
    4.60 lot acres
    Property size
    33,600 SF
    Zone code
    OI
    Property type
    Retail space
    APN
    12 261006870276
    APU
    12261006870276

    Description

    This exceptional 34,200-square-foot freestanding retail building is ideally situated on North Point Parkway in Alpharetta, Georgia, zip code 30022. The single-story structure boasts a spacious layout, perfect for a variety of uses, including medical office, creative office, or coworking spaces. With a generous 4.6-acre lot, the property offers ample room for expansion or outdoor amenities. The high ceilings, ranging from 16 to 18 feet, provide a sense of openness and versatility. The building features 130 parking spaces, ensuring convenient access for employees and clients. Its prime location in the Alpharetta submarket, within the Atlanta cluster, guarantees high visibility and accessibility. The property is currently vacant, presenting a unique opportunity for a single tenant to customize the space to their specific needs. The building's classification as Retail, Office, and Special Purpose allows for a wide range of potential uses. This is a rare opportunity to acquire a substantial, high-profile property in a thriving Alpharetta location. The property's size and location make it an excellent investment opportunity for businesses seeking a prominent presence in the Atlanta area. The ample parking and flexible space make it suitable for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2977
    Latitude
    34.0436
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,242,000
    $1,072,520
    $2,314,520
    -
    $3,105,000
    $2,681,300
    $5,786,300

    Comparable in this City

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      4,608 SF

      512 Stethem Fry, Unit 9

      RETAIL STORES (PERSONAL SERVICES) • 4,608 SF
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      View Details
    • Value Estimation
      $1,255,000
      6,144 SF

      6250 Pt Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 6,144 SF
      6250 Pt Pkwy, Alpharetta, GA 30022-4885
      View Details
    • Value Estimation
      $1,415,000
      10,127 SF

      9730 Medlock Xing Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 10,127 SF
      9730 Medlock Xing Pkwy, Alpharetta, GA 30022-6392
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    • Value Estimation
      $2,075,000
      10,898 SF

      Morton Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,898 SF
      Morton Rd, Alpharetta, GA 30022
      View Details
    • Value Estimation
      $650,000
      5,745 SF

      8650 Nesbit Fry Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,745 SF
      8650 Nesbit Fry Rd, Alpharetta, GA 30022-6892
      View Details
    • Value Estimation
      $2,180,000
      12,275 SF

      8430 Holcomb Brg Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,275 SF
      8430 Holcomb Brg Rd, Alpharetta, GA 30022-5317
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.77 Acres

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      Retail properties • 1.77 Acres
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      NNN Leased Lazy Dog Restaurant

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      0.813-acre lot in exclusive St. Regis Subdivision.
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      Townhouse in gated community with pool, tennis, and clubhouse.
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    Similar Nearby for Lease

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      14,770 SF

      Retail Space Near Burlington

      Retail space available next to Burlington, near GA 400.
      7731 N Point Pkwy, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      2,000 SF

      Alpharetta Office or Retail Space

      Located off GA 400, suitable for office or retail.
      7855 N Point Pkwy, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      890 SF

      Retail Space in Affluent Alpharetta

      Retail space with high visibility in a busy Alpharetta location.
      4390 Kimball Bridge Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      1,349 SF

      East Roswell Retail/Restaurant Opportunity

      Retail and restaurant spaces available in mixed-use East Roswell redevelopment.
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      View Details
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      38,418 SF

      Former Retail Space Available

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      965 N Point Dr, Alpharetta, GA 30022
      View Details
    • $14,500 /Mo

      Restaurant Building on High-Traffic Corner

      Freestanding 6062 SF restaurant with ample parking on 2 acres.
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
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    Alpharetta, GA 30022
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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