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    Property profile & analytics

    1050 Ridgeland Pkwy Alpharetta, GA 30004-8416

    • Drive through restaurants
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $3,135,000
    Last Sale
    Sep 08, 2022
    $3,275,000
    Location Intelligence
    Property ID
    US22-3036413
    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

    • Popeye's Louisiana Chicken / Chicken Restaurant
    • Popeyes Louisiana Kitchen / Fast Food Restaurant / Restaurant

    Property Details for 1050 Ridgeland Pkwy

    Year built
    2022
    Lot size
    0.88 lot acres
    Zone code
    CBD
    Property type
    Drive through restaurants
    APN
    042 263
    APU
    42263

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,160,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,195,000
      6.5%
      $3,040,000
      7%
      $3,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,205,000
      Geo Method
      $3,225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,945,000
      Retail
      $3,010,000
      Mixed-Use
      $2,700,000
      Hospitality
      $2,665,000
      Educational
      $2,620,000
      Residential Income
      $2,580,000
      Energy
      $3,060,000
      Income-Based Land
      $2,950,000
      Food Service
      $2,970,000

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.2239
    Latitude
    34.1207
    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
    2024
    $19,981
    $616,000
    $198,804
    $814,804
    -
    $1,540,000
    $497,010
    $2,037,010

    Comparable in this City

    • Value Estimation
      $3,815,000
      5,869 SF

      5045 Windward Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,869 SF
      5045 Windward Pkwy, Alpharetta, GA 30004-3890
      View Details
    • Value Estimation
      $380,000
      3,072 SF

      5695 Atlanta Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,072 SF
      5695 Atlanta Hwy, Alpharetta, GA 30004-2930
      View Details
    • Value Estimation
      $380,000
      3,594 SF

      870 Mcfarland Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,594 SF
      870 Mcfarland Pkwy, Alpharetta, GA 30004-3364
      View Details
    • Value Estimation
      $3,750,000
      5,540 SF

      5035 Windward Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,540 SF
      5035 Windward Pkwy, Alpharetta, GA 30004-3890
      View Details
    • Value Estimation
      $850,000
      2,905 SF

      5150 Windward Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,905 SF
      5150 Windward Pkwy, Alpharetta, GA 30004-3841
      View Details
    • Value Estimation
      $505,000
      3,455 SF

      12350 Arnold Ml Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,455 SF
      12350 Arnold Ml Rd, Alpharetta, GA 30004-6393
      View Details

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      Luxury Car Storage, Secure & Private
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    • Contact for pricing
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      Second generation restaurant space available for lease with outdoor patios.
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      Alpharetta Retail Plaza Investment Opportunity

      High-visibility retail space in Alpharetta, GA.
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      View Details
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    Alpharetta, GA 30004-8416
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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
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