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Property profile & analytics
OFF-MARKET
Commercial land
12640 Crabapple Rd Alpharetta, GA 30004-4659
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-3846174
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1959
Total area
972 SF
Lot
0.22 ac (9,627 SF)
Zoning code
AG1
APN
22 400111350126
UPID
US22-3846174
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
-
Carson Wealth Financial Advisor
-
PT Solutions of Crabapple Physician
-
AR Workshop Milton Art Studio Artistic Handicrafts
-
HORSEPOWER FITNESS Gym & Fitness Center
-
Nettuno Wealth Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Itaska Walk LLC · 10 yrs held
Itaska Walk LLC
since 2015
7 recorded transactions
Zoning & alternative use
AG1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,394
Tax year 2023
Assessed value
$155,680
Assessed 2023
Previous assessed
$102,120
+52.4% YoY
Effective rate
2.82%
On assessed value
Assessed land
$155,680
Land market value
$389,200
Total market value
$389,200
Applied tax rate
56.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1959
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
972 SF
Lot
0.22 ac (9,627 SF)
Zoning code
AG1
APN
22 400111350126
UPID
US22-3846174
Jurisdiction
FULTON
Zoning & alternative use
AG1 · Alpharetta, GA
Zoning AG1 · permitted uses
AG1 · 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.
Building & site characteristics
From public records
Year built
1959
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Itaska Walk LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 1186, MARIETTA, GA 30061-1186
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2015
$776,500
Itaska Walk LLC
Shf Crabapple LLC
Grant Deed
—
Mar 24, 2014
—
Shf Crabapple LLC
Bank Of North Ga
Quit Claim Deed
related
—
Jun 3, 2008
$743,300
Crabapple Development Enterpri
Crabapple Crossroads LLC
Grant Deed
related
—
Sep 8, 2006
$500,000
Crabapple Crossroads LLC
John Wieland Hms & Neighborhoods
Grant Deed
—
Aug 29, 2006
$500,000
Crabapple Crossroads LLC
John Wieland Homes And Nei
Grant Deed
—
Jul 29, 2005
$375,000
John Wieland Hms & Neighborhoo
Dorris,john M SR
Warranty Deed
related
—
—
—
Itaska Walk LLC
—
Loan Modification
related
$5,364,941 · Ameris 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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