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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Industrial properties
1205 Alpha Dr Alpharetta, GA 30004-3923
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1421865
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
19,720 SF
Lot
1.72 ac (74,923 SF)
Zoning code
M1
APN
041 112
UPID
US22-1421865
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
-
Valve Solutions Inc Factory Industrial Manufacturer
-
VSI Waterworks Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.74M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$3.77M
Blend (final)
Blend
$2.74M
Owner & transaction history
1205 Alpha Drive Investors LLC · 2 yrs held
1205 Alpha Drive Investors LLC
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
M1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.2M
+24.7%
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
$2,740,000
ML approach
$2,740,000
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,850,000
7%
$1,715,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,350,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,180,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$3,110,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,765,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±10% · vs last sale $2.74M (Feb 6 2024)
Last sale anchor
$2.74M
Feb 6 2024
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
$139 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,492
Tax year 2024
Assessed value
$1,365,804
Assessed 2024
Previous assessed
$1,365,804
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$96,320
Assessed improvement
$1,269,484
Land market value
$240,800
Improvement market value
$3,173,709
Total market value
$3,414,509
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
RADIANT
Cooling
NONE
Stories
1
Bathrooms
0
Total area
19,720 SF
Lot
1.72 ac (74,923 SF)
Zoning code
M1
APN
041 112
UPID
US22-1421865
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Alpharetta, GA
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1998
Heating
RADIANT
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.72 ac
Current owner
From public records · entity-resolved
1205 Alpha Drive Investors LLC
Entity
Mailing address
1205 ALPHA DR, ALPHARETTA, GA 30004-3923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
$2,740,000
1205 Alpha Drive Investors LLC
Osborne Enterprises LLC
Warranty Deed
$1,870,000 · Seacoast National Bank
Jan 16, 2014
—
Osborne Ents LLC
—
Trustees Deed
related
$1,000,000 · Branch Bk&tr
Oct 28, 2011
—
Osborne Ents LLC
Bierbower Ents LLC
Quit Claim Deed
related
—
Oct 28, 2011
$1,038,000
Osborne Ents LLC
Bierbower Ents LLC
Grant Deed
$830,400 · Branch Banking & Trust Co
Jan 23, 2006
$1,122,500
Bierbower Enterprises LLC
1205 Alpha Drive LLC
Warranty Deed
$958,375 · Bank Of America
Nov 17, 2004
—
1205 Alpha Drice LLC
Schoen Family Trust
Quit Claim Deed
related
—
Aug 3, 2004
$850,000
1205 Alpha Drive LLC
Blc Investments LLC
Grant Deed
$899,404 · Regions Bank
—
—
Osborne Ents LLC
—
Deed Of Trust
related
$1,060,000 · Branch Bk&tr
—
—
Osborne Ents LLC
—
Deed Of Trust
related
$930,000 · United Cmnty 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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