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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Office buildings
11379 Southbridge Pkwy Alpharetta, GA 30022-4402
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4204978
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
WOOD
Total area
4,200 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C1
APN
11 026001201559
UPID
US22-4204978
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
-
CSI Research Professional Services
-
Metro Medical Associates Medical Clinic
-
Dr. Dharmaraj H. Patil, MD Physician
-
Swetha Addagatla Pediatrician Physician
-
Dr. Pavan Kumar Mamilla Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$761k
Blend (final)
Blend
$1.01M
Owner & transaction history
Swetha Addagatla · 2 yrs held
Swetha Addagatla
since 2023
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
C1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+109.1%
Neighborhood: shopping center
$1.4M
+93.4%
Retail stores
$1.3M
+83.9%
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
$985,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$925,000
7%
$855,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$715,000
Current use
COMMERCIAL (GENERAL)
$1,490,000
Change: +109% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,380,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$1,310,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$1,305,000
Change: +83% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,225,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.20M (Dec 1 2023)
Last sale anchor
$1.20M
Dec 1 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
$239 / 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
$8,307
Tax year 2023
Assessed value
$294,320
Assessed 2023
Previous assessed
$294,320
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$121,440
Assessed improvement
$172,880
Land market value
$303,600
Improvement market value
$432,200
Total market value
$735,800
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,200 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C1
APN
11 026001201559
UPID
US22-4204978
Jurisdiction
FULTON
Zoning & alternative use
C1 · Alpharetta, GA
Zoning C1 · permitted uses
C1 · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alpharetta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Swetha Addagatla
Individual
Mailing address
11379 SOUTHBRIDGE PKWY, ALPHARETTA, GA 30022-4402
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$1,200,000
Swetha Addagatla
Dharmaraj H Patil
Warranty Deed
$1,020,000 · First Citizens Bank
—
—
Patil,dharmaraj H
—
Deed Of Trust
related
$500,000 · Ironstone 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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