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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10975 Georgia Ln Alpharetta, GA 30022-1540

    • Hotels
    • 67,363 SF
    • 2.79 lot acres
    OFF-MARKET
    Last Sale
    May 24, 2023
    $11,275,000
    Value Estimations
    $9,450,000
    Show details
    Cap Rate Potential
    2.9%
    Hotels
    Location Intelligence
    Property ID
    US22-1663423
    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

    • Hilton Garden Inn Atlanta Northpoint / Hotel

    Property Details for 10975 Georgia Ln

    Year built
    2000
    Lot size
    2.79 lot acres
    Property size
    67,363 SF
    Zone code
    OI
    Property type
    Hotels
    APN
    12 287007960147
    APU
    12287007960147

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,230,000
      ML approach
      $8,785,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,669,000
      Market price range: $1.16M - $8.26M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $12,690,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2829
    Latitude
    34.0481
    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
    $157,121
    $803,560
    $4,762,960
    $5,566,520
    -
    $2,008,900
    $11,907,400
    $13,916,300

    Comparable in this City

    • Value Estimation
      $525,000
      5,747 SF

      1325 Pt Dr

      HOTEL • 5,747 SF
      1325 Pt Dr, Alpharetta, GA 30022-8211
      View Details
    • Value Estimation
      $9,030,000
      123,021 SF

      5955 Pt Pkwy

      HOTEL • 123,021 SF
      5955 Pt Pkwy, Alpharetta, GA 30022-4808
      View Details
    • Value Estimation
      $7,300,000
      65,290 SF

      7895 Pt Pkwy

      HOTEL • 65,290 SF
      7895 Pt Pkwy, Alpharetta, GA 30022-4849
      View Details
    • Value Estimation
      $15,845,000
      148,877 SF

      5775 Pt Pkwy

      HOTEL • 148,877 SF
      5775 Pt Pkwy, Alpharetta, GA 30022-1135
      View Details
    • Value Estimation
      $6,860,000
      71,310 SF

      1350 Pt Dr

      MOTEL • 71,310 SF
      1350 Pt Dr, Alpharetta, GA 30022-8210
      View Details
    • Value Estimation
      $7,880,000
      36,554 SF

      2950 Mansell Rd

      MOTEL • 36,554 SF
      2950 Mansell Rd, Alpharetta, GA 30022-4866
      View Details

    Similar Nearby for Sale

    • $2,375,000
      46,590 SF

      Alpharetta Assisted Living Facility

      Prime Location, 59 Units, 46,590 sqft
      5690 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • $899,000
      2,600 SF

      Luxury Townhome in Gated Community

      Renovated 3-bedroom townhome with modern amenities in a secure community.
      9018 Riverbend Mnr, Alpharetta, GA 30022
      View Details
    • $299,000
      0.81 Acres

      Residential Land in St. Regis

      0.813-acre lot in exclusive St. Regis Subdivision.
      280 Vidaulan Ct, Johns Creek, GA 30022
      View Details
    • $350,000
      1,370 SF

      Alpharetta Condo with Private Yard

      Spacious 3-bedroom condo in Alpharetta's desirable Preserve Northpoint community.
      10900 Wittenridge Dr, Alpharetta, GA 30022
      View Details
    • $999,999
      2.87 Acres

      Alpharetta Land Parcel For Sale

      2.87-acre parcel zoned for three luxury homes in Johns Creek.
      11085 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      1.77 Acres

      2375 Mansell Rd, Alpharetta, GA 30022

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

    Similar Nearby for Lease

    • $25 SF/Yr
      140,380 SF

      Alpharetta Office Space for Lease

      Class A Office, Multiple Suites Available
      4501 Point Pkwy, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      106,396 SF

      North Bridges Retail Center

      Johns Creek, GA: Prime Retail Space Available
      10955 Jones Bridge Rd, Johns Creek, GA 30022
      View Details
    • $23 SF/Yr
      22,218 SF

      Alpharetta Office/Medical Space for Lease

      Office/Medical building with covered parking and greenway access.
      3005 Royal Blvd South, Alpharetta, GA 30022
      View Details
    • $25 SF/Yr
      85,687 SF

      Alpharetta Office Space for Lease

      Modern Suites, 1,518 - 22,787 SF
      11680 Great Oaks Way, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      5,000 SF

      North Fulton Retail Pad Site

      Prime Johns Creek Location, 5,000 SF
      10955 Jones Bridge Rd, Johns Creek, GA 30022
      View Details
    • $23 SF/Yr
      1,840 SF

      Alpharetta Executive Office Suite

      Prime Alpharetta Office, 1840 sq ft
      4380 Kimball Bridge Rd, Alpharetta, GA 30022
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      2.2k
    • Avg Time on site
      468 min
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    10975 Georgia Ln
    Alpharetta, GA 30022-1540
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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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