10645 State Brg Rd Johns Creek, GA 30022-7492
Property profile & analytics
10645 State Brg Rd Johns Creek, GA 30022-7492
- Grocery and convenience stores
- 2,319 SF
- 1.22 lot acres
Property ID
US22-1328245
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 10645 State Brg Rd
- Year built
- 2003
- Lot size
- 1.22 lot acres
- Property size
- 2,319 SF
- Zone code
- C1C
- Property type
- Grocery and convenience stores
- APN
- 11 048001870399
- APU
- 11048001870399
Description
This exceptional investment opportunity presents a 3,425-square-foot Shell gas station located at 10645 State Bridge Rd, Alpharetta, GA 30022. The property sits on a 1.28-acre lot in a high-traffic area, boasting excellent visibility at a hard corner intersection with 33,664 cars passing daily. The property features a strong absolute triple-net (NNN) lease with Shell Oil Company, a globally recognized brand, ensuring consistent cash flow. The lease commenced December 1, 2023, and extends until November 30, 2038, providing a secure long-term investment. The current annual net operating income (NOI) is $138,000, representing a 5.50% cap rate. Built in 2003, this property benefits from built-in rent bumps of 10% every five years, guaranteeing future income growth. The property is currently 100% occupied. Located in Alpharetta, Fulton County, this asset is within a 5-mile radius of 207,090 residents. This investment qualifies for significant tax advantages, including 60% year-one bonus depreciation or 15-year accelerated depreciation per IRS 1250 property designation. This is a rare opportunity to acquire a high-performing, low-maintenance asset with a strong tenant and significant upside potential. The asking price is $2,509,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,650,000
- ML approach
- $3,650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,815,000
Market price range: $793k - $3.00M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Johns Creek
- County
- Fulton
- State
- Georgia
- Longitude
- -84.2188
- Latitude
- 34.0404
- 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
$15,989
$352,760
$213,720
$566,480
-
$881,900
$534,300
$1,416,200
