Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2848 Holcomb Brg Rd Alpharetta, GA 30022-1659

    • Specialty properties
    • 3,702 SF
    • 0.86 lot acres
    OFF-MARKET
    Last Sale
    Jul 13, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1508239
    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

    • Pet Med Plus / Veterinary Clinic

    Property Details for 2848 Holcomb Brg Rd

    Year built
    1997
    Lot size
    0.86 lot acres
    Property size
    3,702 SF
    Zone code
    OI
    Property type
    Specialty properties
    APN
    12 295008241383
    APU
    12295008241383

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.279
    Latitude
    33.9905
    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
    $12,143
    $292,800
    $137,400
    $430,200
    -
    $732,000
    $343,500
    $1,075,500

    Comparable in this City

    • Value Estimation
      $695,000
      3,300 SF

      10100 Jones Brg Rd

      VETERINARY, ANIMAL HOSPITAL • 3,300 SF
      10100 Jones Brg Rd, Johns Creek, GA 30022-5037
      View Details
    • Value Estimation by Request
      6,456 SF

      11450 Jones Brg Rd

      VETERINARY, ANIMAL HOSPITAL • 6,456 SF
      11450 Jones Brg Rd, Johns Creek, GA 30022-4539
      View Details
    • Value Estimation by Request
      3,500 SF

      11145 State Brg Rd

      VETERINARY, ANIMAL HOSPITAL • 3,500 SF
      11145 State Brg Rd, Alpharetta, GA 30022-4542
      View Details
    • Value Estimation
      $2,200,000
      11,480 SF

      4780 Morton Rd

      DAY CARE, PRE-SCHOOL • 11,480 SF
      4780 Morton Rd, Johns Creek, GA 30022-6347
      View Details
    • Value Estimation
      $4,900,000
      10,080 SF

      9450 Nesbit Fry Rd

      DAY CARE, PRE-SCHOOL • 10,080 SF
      9450 Nesbit Fry Rd, Alpharetta, GA 30022
      View Details
    • Value Estimation
      $820,000
      6,148 SF

      3580 Old Alabama Rd

      DAY CARE, PRE-SCHOOL • 6,148 SF
      3580 Old Alabama Rd, Alpharetta, GA 30022-3200
      View Details

    Similar Nearby for Sale

    • $455,000

      Move-in Ready Townhouse in Johns Creek

      Townhouse in gated community with pool, tennis, and clubhouse.
      10898 Gallier St, Johns Creek, GA 30022
      View Details
    • Contact for pricing

      Medlock Bridge Parkway Property

      Property on Medlock Bridge Parkway in Johns Creek, Georgia.
      5825 Medlock Bridge Pkwy, Johns Creek, GA 30022
      View Details
    • Contact for pricing

      NNN Leased Lazy Dog Restaurant

      20-year NNN lease with rental increases in affluent Alpharetta.
      10800 Haynes Bridge Rd, Alpharetta, GA 30022
      View Details
    • $999,999
      2.87 Acres

      Alpharetta Land Parcel For Sale

      2.87-acre parcel zoned for three luxury homes in Johns Creek.
      11085 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      38,418 SF

      Former Retail Space Available

      Former Joann Fabrics and Crafts space available for lease.
      965 N Point Dr, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      Class A Office Building

      Mid-rise office building with excellent access to GA 400.
      4555 Mansell Rd, Alpharetta, GA 30022
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing

      Mansell

      Discover many ways to work your way in Mansell
      4555 Mansell Rd, Alpharetta, GA 30022
      View Details
    • New
      Contact for pricing

      North Point

      Meet, work or collaborate in our professional North Point business center
      555 Point Ctr, Alpharetta, GA 30022
      View Details
    • $18 SF/Yr
      34,200 SF

      Alpharetta Retail/Office Big Box

      34,200 SF Freestanding Building, High Visibility
      6800 Point Pkwy, Alpharetta, GA 30022
      View Details
    • $25 SF/Yr
      85,687 SF

      Alpharetta Office Space for Lease

      Modern Suites, 1,518 - 22,787 SF
      11680 Great Oaks Way, Alpharetta, GA 30022
      View Details
    • $25 SF/Yr

      Renovated Office Space in Alpharetta

      Modern office spaces with flexible lease options and convenient location.
      4400 North Point Pkwy, Alpharetta, GA 30022
      View Details
    • $16 SF/Yr

      Alpharetta Office Space for Rent

      Office space in Alpharetta's technology hub with high-end finishes.
      4425 Alexander Dr, Alpharetta, GA 30022
      View Details

    Property Visit Statistics

    • Visits by month
      9.2k
    • Visitors by month
      6.2k
    • Avg Time on site
      43 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2848 Holcomb Brg Rd
    Alpharetta, GA 30022-1659
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!