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Property profile & analytics
FOR SALE
Office buildings
12735 Morris Road Ext Alpharetta, GA 30004
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1092866
For Sale
$12,200,000
12735 Morris Road Ext, Alpharetta, GA 30004
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Total area
103,471 SF
Lot
6.67 ac (290,545 SF)
Zoning code
OI
APN
22 544011180339
UPID
US22-1092866
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.92M
Blend (final)
Blend
$12.20M
Owner & transaction history
Deerfield Commons Exchange LLC · 1 yrs held
Deerfield Commons Exchange LLC
since 2024
Last sale
$13.0M
7 recorded transactions
Zoning & alternative use
OI · Milton, 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,310,000
Current use
Blend value · Realmo final
$12.20M
Range $10.98M – $13.42M · ±10% · vs last sale $13.00M (Apr 2 2024)
Last sale anchor
$13.00M
Apr 2 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
$118 / 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
$174,276
Tax year 2023
Assessed value
$5,581,120
Assessed 2023
Previous assessed
$5,581,120
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$879,240
Assessed improvement
$4,701,880
Land market value
$2,198,100
Improvement market value
$11,754,700
Total market value
$13,952,800
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Total area
103,471 SF
Lot
6.67 ac (290,545 SF)
Zoning code
OI
APN
22 544011180339
UPID
US22-1092866
Jurisdiction
FULTON
Zoning & alternative use
OI · Milton, GA
Zoning OI · permitted uses
OI · Milton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.3M
OFFICE BUILDING Current
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
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
6.67 ac
Current owner
From public records · entity-resolved
Deerfield Commons Exchange LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12735 MORRIS RD EXT, ALPHARETTA, GA 30004-8903
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Deerfield Commons Exchange LLC
Synovus Bank
Quitclaim Deed
related
—
Nov 22, 2024
—
Deer Point LLC
Jinsong Yang
Quitclaim Deed
related
—
Nov 21, 2024
—
Jinsong Yang
Deerfield Commons Exchange LLC
Quitclaim Deed
related
—
Jul 5, 2024
—
Deerfield Commons Exchange LLC
Florida Community Bank NA
Quit Claim Deed
related
—
Jul 2, 2024
$13,000,000
Deerfield Commons Exchange LLC
Summerton Inn INC
Deed
—
Mar 29, 2024
—
Summerton Inn INC
Deerfield Office Center LLC
Quit Claim Deed
—
May 15, 2020
—
Deerfield Office Center LLC
—
Deed
related
$32,000,000 · Synovus Bk
Jun 8, 2017
$28,688,200
Deerfield Office Center LLC
Alpharetta Portfolio LLC
Grant Deed
—
Jun 8, 2017
—
Deerfield Office Center LLC
Alpharetta Portfolio LLC
Quit Claim Deed
related
—
Jan 8, 2013
$12,184,100
Alpharetta Portfolio LLC
Nrec North Fulton LLC
Grant Deed
—
Aug 21, 2012
—
Nrec North Fulton LLC
Dfl Owner LLC
Deed In Lieu Of Foreclosure
related
—
Jun 27, 2007
—
Wpz Owner LLC
Georgia Wind II LLC
Trustees Deed
$38,670,000 · Cascade Land Hm Financing
Jun 27, 2007
$30,800,000
Dfl Owner LLC
Deer Point I & II LLC
Grant Deed
—
—
—
Deerfield Office Center LLC
—
Loan Modification
related
$32,000,000 · Synovus 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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