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    Property profile & analytics

    12540 Broadwell Rd Milton, GA 30004

    • Retail space
    • 12,176 SF
    • 0.14 lot acres
    For Lease
    View listing
    Value Estimations
    $505,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1620301
    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

    • Retail space

    Property Details for 12540 Broadwell Rd

    Year built
    2008
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    12,176 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    22 401011701491
    APU
    22401011701491

    Description

    Crabapple Town Center, located at 12540 Broadwell Rd, Milton, GA 30004, presents a unique investment opportunity in the thriving Alpharetta submarket. This mixed-use development boasts two, two-story buildings totaling 24,000 square feet of prime office space, divided into ten individual suites. Currently, 4,697 square feet are available for lease. Built in 2007, the property sits on 2.5 acres of land and offers ample parking with 75 spaces. The convenient location is easily accessible via 12540 Broadwell Road. The property is zoned for mixed-use development, providing flexibility for a variety of businesses. This traditional office space is ideal for companies seeking a vibrant and collaborative environment within the Crabapple, Milton community. The property's upscale design and modern amenities make it an attractive option for businesses looking to establish a strong presence in a high-growth area. With its strategic location and substantial square footage, this property offers significant potential for growth and return on investment. Interested parties should note the property's convenient access and ample parking.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $490,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $520,000
      Market price range: $371k - $1.22M

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3397
    Latitude
    34.0876
    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
    $22,633
    $108,040
    $693,800
    $801,840
    -
    $270,100
    $1,734,500
    $2,004,600

    Comparable in this City

    • Value Estimation
      $295,000
      2,078 SF

      12630 Crabapple Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,078 SF
      12630 Crabapple Rd, Milton, GA 30004-4658
      View Details
    • Value Estimation
      $565,000
      10,078 SF

      5315 Windward Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 10,078 SF
      5315 Windward Pkwy, Alpharetta, GA 30004-8915
      View Details
    • Value Estimation
      $4,050,000
      9,882 SF

      5475 Windward Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 9,882 SF
      5475 Windward Pkwy, Alpharetta, GA 30004-5205
      View Details
    • Value Estimation
      $265,000
      9,072 SF

      13020 Morris Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,072 SF
      13020 Morris Rd, Milton, GA 30004-8989
      View Details
    • Value Estimation
      $335,000
      6,000 SF

      2955 Bethany Bnd

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      2955 Bethany Bnd, Alpharetta, GA 30004-4597
      View Details
    • Value Estimation
      $255,000
      1,056 SF

      15800 Birmingham Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,056 SF
      15800 Birmingham Hwy, Alpharetta, GA 30004-4422
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.90 Acres

      Prime Milton Commercial Land

      High-visibility 1.9-acre lot, zoned T4.
      0 Cor Of Hwy 9, Milton, GA 30004
      View Details
    • $387,000
      1,000 SF

      Alpharetta Warehouse For Sale

      1,000 SF Warehouse, Vacant, $387,000
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    • $395,000
      1,000 SF

      Alpharetta Warehouse For Sale

      1,000 SF Warehouse, Ideal for Small Business
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    • $387,000
      1,000 SF

      Alpharetta Warehouse For Sale

      1,000 SF Warehouse, Ideal for Business
      5715 Stables Way, Alpharetta, GA 30004
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    • $481,250
      1,250 SF

      Alpharetta Warehouse For Sale

      1,625 SF Warehouse, $370/SF
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    • $478,170
      1,242 SF

      Alpharetta Warehouse For Sale

      1,242 SF Warehouse, Ideal for Business
      5725 Stables Way, Alpharetta, GA 30004
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space in Milton, GA

      Retail space available for lease in Milton, Georgia.
      980 Birmingham Rd, Milton, GA 30004
      View Details
    • Contact for pricing
      81,674 SF

      Alpharetta Retail Center - For Lease

      Prime Alpharetta retail space available.
      13800 Ga-9, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      44,463 SF

      Alpharetta Retail Plaza Investment Opportunity

      High-visibility retail space in Alpharetta, GA.
      5530 Windward Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      17,000 SF

      Alpharetta Retail Space Available

      1,450 SF Retail Space in Milton
      5304 Windward Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      47,934 SF

      Oxford Lake Retail Center

      Alpharetta, GA Retail Space Available
      2001 Westside Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      4,100 SF

      Restaurant Space with Outdoor Patios

      Second generation restaurant space available for lease with outdoor patios.
      12655 Birmingham Hwy, Alpharetta, GA 30004
      View Details
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    Milton, GA 30004
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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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