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Property profile & analytics
FOR LEASE
Retail space
1605 Mansell Rd Alpharetta, GA 30009
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4226909
For Lease
$2,260,000
1605 Mansell Rd, Alpharetta, GA 30009
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
14,544 SF
Lot
1.5 ac (65,340 SF)
Zoning code
L1
APN
12 238005900189
UPID
US22-4226909
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
-
uBreakiFix - Phone and Computer Repair Computer & Electronic Repair Tech Support Center
-
Joe's New York Pizzeria Restaurant
-
Lennys Grill & Subs Take-out & Catering
-
RentAtlanta.com, LLC Property Management Company
-
Bob McCormick Alpharetta Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.26M
Owner & transaction history
Noonan-manseli Place LLC · 15 yrs held
Noonan-manseli Place LLC
since 2011
7 recorded transactions
Zoning & alternative use
L1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,110,000
6.5%
$2,870,000
7%
$2,665,000
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±10%
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
$155 / 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
$31,540
Tax year 2023
Assessed value
$1,117,400
Assessed 2023
Previous assessed
$1,117,400
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$432,040
Assessed improvement
$685,360
Land market value
$1,080,100
Improvement market value
$1,713,400
Total market value
$2,793,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1999
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
14,544 SF
Lot
1.5 ac (65,340 SF)
Zoning code
L1
APN
12 238005900189
UPID
US22-4226909
Jurisdiction
FULTON
Zoning & alternative use
L1 · Alpharetta, GA
Zoning L1 · permitted uses
L1 · 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
1999
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Noonan-manseli Place LLC
Entity
Mailing address
2055 JCT AVE STE #100, SAN JOSE, CA 95131-2119
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Feb 2, 2023
—
Noonan Mansell Place LLC
—
Deed
related
$1,463,690 · Excel Federal Credit Union
Jan 13, 2011
$2,475,000
Noonan-manseli Place LLC
2196 Mansell Place LLC
Grant Deed
—
Jul 10, 2009
$3,055,000
2196 Mansell Place LLC
Noonan Mansell Place LLC
Grant Deed
—
Dec 26, 2007
$4,855,000
For 1031 Mansell Place LLC
Turtle Creek Mansell Place LLC
Deed
$3,055,000 · Artesia Mtg Cap Corp
Dec 20, 2007
$4,855,000
For 1031 Mansell Place LLC
Turtle,creek Mansell Place
Grant Deed
$3,055,000 · Artesia Mortgage Capital Corp
Dec 19, 2007
$5,950,000
Noonan Mansell Place LLC
For 1031 Mansell Place LLC
Grant Deed
—
—
—
Noonan-mansell Place LLC
—
Deed Of Trust
related
$1,975,000 · Mansell Place LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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