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Property profile & analytics
OFF-MARKET
Office Spaces
102 Mary Alice Park Rd Cumming, GA 30040-2664
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0782581
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2016
Total area
1,216 SF
Lot
0.05 ac (2,178 SF)
Zoning code
HB
APN
C27 069
UPID
US22-0782581
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
-
Arthritis & Rheumatology Center, PC at Cumming Medical Clinic
-
Forsyth Foot & Ankle Physician
-
Vayman & Teitelbaum PC Law Firm Child Welfare Organization
-
Forsyth Community Clinic Charitable Organization Social Service Agency
-
OneSource PEO Employment Agency Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ekta Patel LP · 1 yrs held
Ekta Patel LP
since 2025
7 recorded transactions
Zoning & alternative use
HB · Cumming, 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 Cumming submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumming 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,433
Tax year 2024
Assessed value
$99,226
Assessed 2024
Previous assessed
$89,880
+10.4% YoY
Effective rate
2.45%
On assessed value
Assessed land
$18,000
Assessed improvement
$81,226
Land market value
$45,000
Improvement market value
$203,064
Total market value
$248,064
Applied tax rate
2.0000
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
2016
Heating
NONE
Units
1
Total area
1,216 SF
Lot
0.05 ac (2,178 SF)
Zoning code
HB
APN
C27 069
UPID
US22-0782581
Jurisdiction
FORSYTH
Zoning & alternative use
HB · Cumming, GA
Zoning HB · permitted uses
HB · Cumming, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumming. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Ekta Patel LP
Entity
Free & Clear · 1 yrs held
Mailing address
102 MARY ALICE PARK RD STE #306, CUMMING, GA 30040-2690
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Ekta Patel LP
Delta Community Credit Union
Quitclaim Deed
related
—
Jul 20, 2023
—
Derek Allen
—
Deed
related
$249,310 · Piedmont Bank
Dec 12, 2022
—
Ekta Patel LP
—
Deed
related
$2,561,250 · Delta Community Credit Union
Apr 13, 2022
$495,000
Ekta Patel LP
Rodriguez Investments INC
Warranty Deed
$396,000 · Delta Community Credit Union
Dec 11, 2020
—
Patcht Properties II LLC
—
Deed
related
—
Apr 16, 2020
—
Ekta Patel LP
—
Deed
related
$373,000 · Delta Cmnty Cu
Jul 25, 2019
—
Mary Alice Office Invtrs LLC
—
Deed
related
$500,000 · Piedmont Bk
May 10, 2019
$306,000
Marianne H Borton
Mary Alice Office Invtrs LLC
Deed
—
May 10, 2019
$152,000
Ksh Investments LLC
Borton,marianne H
Grant Deed
$165,665 · Citizens Bk/ga
Mar 19, 2018
$176,900
Ouellette LLC
Mary Alice Office Invtrs LLC
Grant Deed
—
Feb 16, 2018
—
Mary Alice Office Invtrs LLC
—
Deed
related
$840,000 · Piedmont Bk
Sep 12, 2016
$150,000
Patcht Properties II LLC
Mary Alice Office Investors Ll
Warranty Deed
$108,000 · Piedmont Bk
May 24, 2016
—
Vmc Ents LLC
—
Deed
related
$445,000 · Southcrest Bk
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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