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Property profile & analytics
OFF-MARKET
Estimated value
$15,000,000
Outlet malls
10580 Duke Dr Alpharetta, GA 30009-4845
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-0209079
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Total area
163,022 SF
Lot
16.48 ac (717,869 SF)
Zoning code
LI
APN
12 238005890414
UPID
US22-0209079
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
-
Lowe's Garden Center Garden Center
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
-
Lowe's ProServices Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.00M
Owner & transaction history
Mdc Coast 29 LLC · 3 yrs held
Mdc Coast 29 LLC
since 2023
Last sale
$16.3M
6 recorded transactions
Zoning & alternative use
LI · Alpharetta, 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 Alpharetta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpharetta 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
$13,355,000
ML approach
$10,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.00M
Range $13.50M – $16.50M · ±10% · vs last sale $16.31M (Mar 22 2023)
Last sale anchor
$16.31M
Mar 22 2023
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
$92 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$184,893
Tax year 2023
Assessed value
$6,550,440
Assessed 2023
Previous assessed
$4,129,400
+58.6% YoY
Effective rate
2.82%
On assessed value
Assessed land
$4,746,240
Assessed improvement
$1,804,200
Land market value
$11,865,600
Improvement market value
$4,510,500
Total market value
$16,376,100
Applied tax rate
10.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
163,022 SF
Lot
16.48 ac (717,869 SF)
Zoning code
LI
APN
12 238005890414
UPID
US22-0209079
Jurisdiction
FULTON
Zoning & alternative use
LI · Alpharetta, GAZoning LI · permitted uses
LI · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
16.48 ac
Current owner
From public records · entity-resolved
Mdc Coast 29 LLC
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2023
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
Mar 22, 2023
$16,307,116
Mdc Coast 29 LLC
Arcp Lo Alpharetta Ga LLC
Limited Warranty Deed
—
Sep 30, 2021
—
Arcp Lo Alpharetta Ga LLC
—
Deed
related
$650,000,000 · Jp Morgan Chase Bank
Jun 23, 2015
$21,367,000
Arcp Lo Alpharetta Ga LLC
Alpharetta Property Ll LLC
Grant Deed
related
—
Oct 18, 2012
$13,449,800
Alpharetta Property Ll LLC
Lw Alpharetta Portfolio LP
Grant Deed
related
$18,425,000 · Cantor Com'l R/e Lndg
—
—
Arcp Lo Alpharetta Ga LLC
—
Deed Of Trust
related
$12,300,000 · Miscellaneous Ins Co
—
—
Arcp Lo Alpharetta Ga LLC
—
Deed Of Trust
related
$12,300,000 · Miscellaneous Ins Co
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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