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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Medical Office Space
12425 Morris Rd Alpharetta, GA 30005-4137
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4692073
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
11,220 SF
Lot
2.63 ac (114,563 SF)
Zoning code
CUP
APN
22 545011890389
UPID
US22-4692073
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
-
Stem Cell Institute of Atlanta Physician
-
Windward Surgery Center Medical Clinic Hospital
-
Atlanta Spine Specialists Physician
-
Peter Skaliy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$4.75M
Owner & transaction history
Ghazi Family Holdings LLC · 2 yrs held
Ghazi Family Holdings LLC
since 2024
Last sale
$4.8M
6 recorded transactions
Zoning & alternative use
CUP · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
A planned mixed use district which allows the combination of dwelling, For Sale, and dwelling, For Rent,residentialuses, neighborhood shopping use, or office and institutional use in accordance with a specific concept plan
Zone name
Community Unit Plan
General category
MIXED_USE
Zone area
6,155.38 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$7.8M
+123.3%
Restaurant
$6.0M
+72.9%
Commercial (general)
$4.0M
+14.3%
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
$4,750,000
ML approach
$4,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,485,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,785,000
Change: +123% · Conversion: Moderate
RESTAURANT
$6,025,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,985,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,685,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$3,505,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,270,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$4.75M
Range $4.28M – $5.23M · ±10% · vs last sale $4.75M (Mar 25 2024)
Last sale anchor
$4.75M
Mar 25 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
$423 / 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
$20,887
Tax year 2023
Assessed value
$740,000
Assessed 2023
Previous assessed
$740,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$420,800
Assessed improvement
$319,200
Land market value
$1,052,000
Improvement market value
$798,000
Total market value
$1,850,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Heating
NONE
Stories
1
Total area
11,220 SF
Lot
2.63 ac (114,563 SF)
Zoning code
CUP
APN
22 545011890389
UPID
US22-4692073
Jurisdiction
FULTON
Zoning & alternative use
CUP · Alpharetta, GAZoning CUP · permitted uses
CUP · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
A planned mixed use district which allows the combination of dwelling, For Sale, and dwelling, For Rent,residentialuses, neighborhood shopping use, or office and institutional use in accordance with a specific concept plan
Zone name
Community Unit Plan
General category
MIXED_USE
Zone area
6,155.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.8M
RESTAURANT
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2009
Heating
NONE
Stories
1
Lot
2.63 ac
Current owner
From public records · entity-resolved
Ghazi Family Holdings LLC
Entity
Mailing address
12425 MORRIS RD, ALPHARETTA, GA 30005-4137
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Ghazi Family Holdings LLC
—
Deed
related
$5,015,000 · Bank Of America
Mar 25, 2024
$4,750,000
Ghazi Family Holdings LLC
Skaliy Family Associates Lllp
Warranty Deed
$4,275,000 · Peoples Bank
Aug 24, 2018
—
Skaliy Family Associates Lllp
—
Deed
related
$2,494,212 · Branch Bk&tr
Apr 21, 2009
—
Skaliy Family Associates Lllp
—
Trustees Deed
related
$2,988,035 · Branch Bk&tr
Aug 16, 2007
$1,064,000
Skaliy Family Associates Lllp
Lrf Enterprises LLC
Grant Deed
$1,064,000 · Branch Bk&tr
—
—
Skaliy Family Associates Lllp
—
Deed Of Trust
related
$2,494,212 · Branch Bk&tr
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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