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

    12390 Arnold Ml Rd Alpharetta, GA 30004-6643

    • Warehouses
    • 12,330 SF
    • 4.67 lot acres
    OFF-MARKET
    Last Sale
    Aug 19, 2021
    $1,046,250
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0476283
    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

    • Southern Weddings and Rentals / Wedding Service
    • Momentum Management Inc / Event Planner
    • Life Storage / Boat Storage Facility / Moving And Storage Service

    Property Details for 12390 Arnold Ml Rd

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    4.67 lot acres
    Property size
    12,330 SF
    Zone code
    E2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    22 372012112279
    APU
    22372012112279

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,085,000
      ML approach
      $1,225,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,180,000
      Market price range: $346k - $1.18M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,525,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3597
    Latitude
    34.0823
    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
    $51,892
    $887,320
    $951,120
    $1,838,440
    -
    $2,218,300
    $2,377,800
    $4,596,100

    Comparable in this City

    • Value Estimation
      $1,145,000
      105,243 SF

      5635 Atlanta Hwy

      MINI-WAREHOUSE, STORAGE • 105,243 SF
      5635 Atlanta Hwy, Alpharetta, GA 30004
      View Details
    • Value Estimation
      $11,045,000
      28,700 SF

      13700 Hwy 9th N

      MINI-WAREHOUSE, STORAGE • 28,700 SF
      13700 Hwy 9th N, Milton, GA 30004-3645
      View Details
    • Value Estimation
      $450,000
      4.21 Acres

      795 Mcfarland Pkwy

      MINI-WAREHOUSE, STORAGE • 4.21 Acres
      795 Mcfarland Pkwy, Alpharetta, GA 30004-5673
      View Details
    • Value Estimation
      $1,215,000
      45,929 SF

      105 Mauldin Dr

      MINI-WAREHOUSE, STORAGE • 45,929 SF
      105 Mauldin Dr, Alpharetta, GA 30004-3968
      View Details
    • Value Estimation
      $1,335,000
      101,880 SF

      215 Mcfarland Pkwy

      MINI-WAREHOUSE, STORAGE • 101,880 SF
      215 Mcfarland Pkwy, Alpharetta, GA 30004-8407
      View Details
    • Value Estimation
      $1,150,000
      108,981 SF

      2915 Webb Rd

      MINI-WAREHOUSE, STORAGE • 108,981 SF
      2915 Webb Rd, Milton, GA 30004-3618
      View Details

    Similar Nearby for Sale

    • $3,795,000
      23,560 SF

      Alpharetta Warehouse: $3.795M

      Spacious Forsyth County warehouse, ready for occupancy.
      725 Branch Dr, Alpharetta, GA 30004
      View Details
    • $465,750
      1,150 SF

      Alpharetta Warehouse Condo - $465,750

      1,150 SF Warehouse Condo, Alpharetta, GA
      5765 Stables Way, Alpharetta, GA 30004
      View Details
    • $800,800
      2,080 SF

      Alpharetta Warehouse Condo For Sale

      Luxury Car Condo, 2,756 SF NNN Lease
      5745 Stables Way, Alpharetta, GA 30004
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    • $395,000
      1,000 SF

      Alpharetta Warehouse Condo Unit A12

      1,000 SF Warehouse Condo, Vacant
      5745 Stables Way, Alpharetta, GA 30004
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    • Contact for pricing
      15,000 SF

      Alpharetta Industrial Warehouse For Sale

      15,000 SF Warehouse, 1.67 Acres
      3565 Trotter Dr, Alpharetta, GA 30004
      View Details
    • $489,800
      1,240 SF

      Alpharetta Warehouse Condo - $489,800

      Luxury Car Condo, 1,240 SF Warehouse
      5735 Stables Way, Alpharetta, GA 30004
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      17,378 SF

      Alpharetta Car Condo Warehouse Unit

      Luxury car storage; Forsyth County.
      5765 Stables Way, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      20,543 SF

      Industrial Warehouse with Renovated Truck

      Single tenant building with renovated truck court and office space.
      Alpharetta, GA 30004
      View Details
    • Contact for pricing
      11,500 SF

      Alpharetta Industrial Space Available

      11,500 SF industrial space for lease in Alpharetta.
      3100-3150 Engineering Pkwy, Alpharetta, GA 30004
      View Details
    • $24 SF/Yr
      11,115 SF

      Alpharetta Warehouse Space For Lease

      Forsyth County industrial warehouse, 1,625 sq ft available.
      5705 Stables Way, Alpharetta, GA 30004
      View Details
    • $6 SF/Yr
      33,500 SF

      Alpharetta Office/Warehouse Space

      Flexible Suites, Prime Location, Forsyth County
      4255 Trotters Way, Alpharetta, GA 30004
      View Details
    • $14 SF/Yr
      3,800 SF

      Alpharetta Industrial Space Available

      Industrial property in Alpharetta with drive-in door and three-phase power.
      1370 Union Hill Industrial Ct, Alpharetta, GA 30004
      View Details
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    Alpharetta, GA 30004-6643
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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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