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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Office buildings
200 Main St Alpharetta, GA 30009-1914
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0112665
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1969
Construction
WOOD
Total area
6,740 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C2
APN
12 258406950708
UPID
US22-0112665
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
-
The Drake Closet Alpharetta Clothing & Fashion Store
-
Boutique Karma Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$1.20M
Owner & transaction history
Mainstream Portfolio LLC · 7 yrs held
Mainstream Portfolio LLC
since 2019
7 recorded transactions
Zoning & alternative use
C2 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+11.2%
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%
$1,605,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,765,000
Current use
AUTO REPAIR, GARAGE
$1,965,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$177 / 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
$11,413
Tax year 2023
Assessed value
$404,360
Assessed 2023
Previous assessed
$404,360
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$214,600
Assessed improvement
$189,760
Land market value
$536,500
Improvement market value
$474,400
Total market value
$1,010,900
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
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
6,740 SF
Lot
0.49 ac (21,344 SF)
Zoning code
C2
APN
12 258406950708
UPID
US22-0112665
Jurisdiction
FULTON
Zoning & alternative use
C2 · Alpharetta, GA
Zoning C2 · permitted uses
C2 · 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
OFFICE BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Mainstream Portfolio LLC
Entity
Mailing address
13913 TREE LOFT RD, ALPHARETTA, GA 30004-0992
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Mainstreet Portfolio LLC
—
Deed
related
$760,000 · Truist Bank
Nov 20, 2019
—
Mainstreet Portfolio LLC
—
Deed
related
$825,000 · Wells Fargo
Apr 1, 2019
—
Mainstream Portfolio LLC
Mkb Property Holdings LLC
Quit Claim Deed
related
—
Apr 1, 2019
$1,100,000
Mainstreet Portfolio LLC
Mkb Property Holdings LLC
Grant Deed
—
Mar 22, 2019
$1,100,000
Mainstreet Portfolio LLC
Mkb Property Holdings LLC
Warranty Deed
$825,000 · Wells Fargo
Oct 4, 2011
—
Mkb Property Holdings LLC
Regions Bk
Quit Claim Deed
related
—
Oct 4, 2011
$525,000
Mkb Property Holdings LLC
Regions Bk
Grant Deed
related
$488,750 · Jp Morgan Chase Bk
Mar 4, 2011
$746,900
Regions Bk
Powerbanking Partners LLC
Trustees Deed
related
—
Mar 9, 2005
—
Driskell Commercial Realty INC
Albert, Rachel T
Quit Claim Deed
related
$114,000 · Main Street 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.
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