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    Property profile & analytics

    1650 State Rd Alpharetta, GA 30009

    • Assisted living facilities
    • 153,434 SF
    • 7.10 lot acres
    OFF-MARKET
    Value Estimation
    $3,335,000
    Last Sale
    Jun 13, 2023
    $3,783,617
    Location Intelligence
    Property ID
    US22-2342959
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 1650 State Rd

    Year built
    2019
    Construction
    WOOD
    Lot size
    7.10 lot acres
    Property size
    153,434 SF
    Zone code
    C1
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    12 234006000194
    APU
    12234006000194

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,985,000
      6.5%
      $3,685,000
      7%
      $3,455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,610,000
      Geo Method
      $3,930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,105,000
      Retail
      $3,535,000
      Mixed-Use
      $3,475,000
      Hospitality
      $4,240,000
      Educational
      $3,280,000
      Residential Income
      $4,070,000
      Energy
      $4,090,000
      Income-Based Land
      $4,500,000
      Food Service
      $3,460,000

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3125
    Latitude
    34.0676
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $373,944
    $1,040,000
    $12,208,200
    $13,248,200
    -
    $2,600,000
    $30,520,500
    $33,120,500

    Comparable in this City

    • Value Estimation by Request
      77,559 SF

      555 Janis Ln

      HOMES (RETIRED, NURSING) • 77,559 SF
      555 Janis Ln, Alpharetta, GA 30009-7900
      View Details
    • Value Estimation by Request
      110,862 SF

      255 Vaughn Dr

      HOMES (RETIRED, NURSING) • 110,862 SF
      255 Vaughn Dr, Alpharetta, GA 30009-2415
      View Details
    • Value Estimation
      $5,435,000
      58,112 SF

      253 Main St

      HOMES (RETIRED, NURSING) • 58,112 SF
      253 Main St, Alpharetta, GA 30009-3624
      View Details
    • Value Estimation by Request
      340,200 SF

      100 Somerby Dr

      HOMES (RETIRED, NURSING) • 340,200 SF
      100 Somerby Dr, Alpharetta, GA 30009-8780
      View Details
    • Value Estimation by Request
      0.51 Acres

      253 Main St

      HOMES (RETIRED, NURSING) • 0.51 Acres
      253 Main St, Alpharetta, GA 30009-3624
      View Details
    • Value Estimation by Request
      52,287 SF

      762 Main St

      HOMES (RETIRED, NURSING) • 52,287 SF
      762 Main St, Alpharetta, GA 30009-2376
      View Details

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      Class A office space in a mixed-use campus.
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      Alpharetta Office Space for Rent

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    • $22 SF/Yr
      21,500 SF

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    1650 State Rd
    Alpharetta, GA 30009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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