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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Banks
1500 Mansell Rd Alpharetta, GA 30009-4709
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1631988
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1996
Construction
WOOD
Total area
7,256 SF
Lot
1.03 ac (44,823 SF)
Zoning code
LI
APN
12 227005600451
UPID
US22-1631988
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
-
PNC Bank Bank Loan Service
-
PNC Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$3.04M
Owner & transaction history
Wf Mansell LLC · 2 yrs held
Wf Mansell LLC
since 2023
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
LI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.0M
+31.1%
Restaurant
$3.9M
+1.5%
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
$2,540,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$3,840,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,035,000
Change: +31% · Conversion: Difficult
RESTAURANT
$3,900,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10% · vs last sale $3.10M (Sep 8 2023)
Last sale anchor
$3.10M
Sep 8 2023
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
$419 / 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
$28,704
Tax year 2023
Assessed value
$1,016,920
Assessed 2023
Previous assessed
$637,200
+59.6% YoY
Effective rate
2.82%
On assessed value
Assessed land
$296,360
Assessed improvement
$720,560
Land market value
$740,900
Improvement market value
$1,801,400
Total market value
$2,542,300
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
7,256 SF
Lot
1.03 ac (44,823 SF)
Zoning code
LI
APN
12 227005600451
UPID
US22-1631988
Jurisdiction
FULTON
Zoning & alternative use
LI · Alpharetta, GAZoning LI · permitted uses
LI · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
RESTAURANT
Est. value
$3.9M
FINANCIAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Wf Mansell LLC
Entity
Mailing address
1500 MANSELL RD, ALPHARETTA, GA 30009-4709
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
$3,100,000
Wf Mansell LLC
1500 Mansell Reo LLC
Warranty Deed
$6,016,000 · Ameris Bank
Sep 8, 2023
—
Wf Mansell LLC
1500 Mansell Reo LLC
Quit Claim Deed
related
—
May 11, 2023
—
1500 Mansell Reo LLC
—
Deed
related
$2,100,000 · Truist Bank
Aug 18, 2022
$2,550,000
1500 Mansell Reo LLC
Pnc Bank National Association
Warranty Deed
—
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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