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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Warehouses
150 Mauldin Dr Alpharetta, GA 30004-2932
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0842446
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
4,028 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CBD
APN
017 025
UPID
US22-0842446
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
-
Rite-Way Foundations Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$705k
Owner & transaction history
Mls Capital LLC
Mls Capital LLC
since 2025
Last sale
$695,000
5 recorded transactions
Zoning & alternative use
CBD · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+88.2%
Neighborhood: shopping center
$855,000
+51.0%
Office building
$635,000
+12.4%
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
$720,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$495,000
6.5%
$455,000
7%
$420,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
MEDICAL BUILDING
$1,065,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Change: +51% · Conversion: Moderate
OFFICE BUILDING
$635,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $695k (Apr 2 2021)
Last sale anchor
$695k
Apr 2 2021
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
$175 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,781
Tax year 2024
Assessed value
$276,532
Assessed 2024
Previous assessed
$174,597
+58.4% YoY
Effective rate
2.45%
On assessed value
Assessed land
$219,780
Assessed improvement
$56,752
Land market value
$549,450
Improvement market value
$141,880
Total market value
$691,330
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
1
Bathrooms
0
Total area
4,028 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CBD
APN
017 025
UPID
US22-0842446
Jurisdiction
FORSYTH
Zoning & alternative use
CBD · Alpharetta, GA
Zoning CBD · permitted uses
CBD · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$855,000
OFFICE BUILDING
Est. value
$635,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1990
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.11 ac
Current owner
From public records · entity-resolved
Mls Capital LLC
Entity
Mailing address
424 RIDGEMOOR PASS, CANTON, GA 30115-6473
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Mls Capital LLC
Free & Bates Holdings LLC
Quitclaim Deed
related
$997,500 · Hometrust Bank
Apr 2, 2021
$695,000
Free & Bates Holdings LLC
Gbb Enterprises LLC
Warranty Deed
—
Nov 20, 2008
—
Gbb Ents LLC
150 Mauldin Drive LLC
Quit Claim Deed
related
—
Nov 23, 2005
$200,000
150 Mauldin Drive LLC
Bennett,gary E & Brenda B
Quit Claim Deed
related
—
—
—
Gary,e Bennett Living Trust
—
Deed Of Trust
related
$2,375,000 · Bank Of North Georgia
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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