11450 Fulton Industrial Blvd Alpharetta, GA 30009-4766
Property profile & analytics
11450 Fulton Industrial Blvd Alpharetta, GA 30009-4766
- Warehouses
- 12,288 SF
- 0.93 lot acres
Property ID
US22-4662550
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
- Express Auto Body Service LLC / Auto Repair Shop
Property Details for 11450 Fulton Industrial Blvd
- Year built
- 1988
- Lot size
- 0.93 lot acres
- Property size
- 12,288 SF
- Zone code
- L1
- Property type
- Warehouses
- APN
- 12 247106500079
- APU
- 12247106500079
Description
This ±12,288 square foot distribution center in Alpharetta, Georgia, presents a compelling investment opportunity. Located at 11450 N Fulton Industrial Blvd, 30009, this 1988-built facility offers a sale-leaseback arrangement where the seller will lease back approximately 3,000 square feet post-closing. The remaining space is available for immediate occupancy or leasing, generating additional income streams. The building boasts high-quality construction, including metal construction, 7 grade-level loading doors, and 18-foot clear heights, along with ample parking. Priced at $2,000,000 ($163/sq ft), this property is significantly below current replacement costs, estimated near $200/sq ft in this market. The strong submarket fundamentals, characterized by historically low vacancy rates and rising rental rates, further enhance its investment appeal. The surrounding area demonstrates robust demographics, with a population exceeding 171,578 within a 5-mile radius, boasting an average household income of $142,720 and over $3 billion in consumer spending. The property's strong NOI of $176,077 translates to an attractive 8.80% cap rate. This combination of factors makes this Alpharetta distribution center an exceptional investment opportunity for owner-users and investors alike.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,505,000
- 6.5%
- $1,390,000
- 7%
- $1,290,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,334,000
Market price range: $788k - $2.77M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,520,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alpharetta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3062
- Latitude
- 34.0585
- 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
$11,360
$60,880
$341,600
$402,480
-
$152,200
$854,000
$1,006,200
