Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    299 Main St Alpharetta, GA 30009-1904
    Back to Search
    Property profile & analytics

    299 Main St, Alpharetta, GA 30009-1904

    View on Map
    • Retail space
    • 5,400 SF
    • 0.67 lot acres
    Off-Market
    Property ID
    US22-0526923
    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.
    Value Estimations
    $675,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alliance Engineering & Planning LLC, an LJA Company / General Contractor
    • Open Magnetic Imaging / Medical Clinic
    • LJA Engineering, Inc. / General Contractor
    • Scott Michael Dan MD / Physician

    Property Details for 299 Main St

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.67 lot acres
    Zone code
    C2
    Property type
    Retail space
    APN
    12 258306930834
    APU
    12258306930834

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 18, 2020 — Aep Enterprises LLC — Deed · related $621k · Synovus Bank
    Jan 2, 2019 $750,000 Aep Ents LLC Sovereign As LLC Grant Deed $638k · Renasant Bk
    Jan 2, 2019 — Aep Ents LLC Sovereign As LLC Quit Claim Deed · related —
    Apr 15, 2013 $6,100,000 Amana Academy INC Sovereign As LLC Trustees Deed $10M · Industrial Dev Auth
    Mar 28, 2011 $3,800,000 Sovereign As LLC State Bk & Trust Co Grant Deed $3.8M · Rdc Family Trust (ct)
    Nov 23, 2010 $7,828,812 State Bk & Trust Co Alsquare Property LLC Trustees Deed · related —
    Jan 7, 2008 — Cowart,daniel B Columbus Bank & Trust Quit Claim Deed · related —
    Oct 30, 2007 — Alsquare Property LLC — Trustees Deed · related $6M · First Nat'l Bk/forsyth Cnty
    — — Sovereign As LLC — Deed Of Trust · related $1.6M · Columbus Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3024
    Latitude
    34.0682
    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
    $7,570
    $239,920
    $28,280
    $268,200
    -
    $599,800
    $70,700
    $670,500

    Comparable in this City

    • Value Estimation
      $925,000
      7,600 SF

      2705 Old Milton Pkwy

      RETAIL STORES (PERSONAL SERVICES)
      2705 Old Milton Pkwy, Alpharetta, GA 30009-2257
      View Details
    • Value Estimation
      $2,385,000
      16,520 SF

      480 Main St

      RETAIL STORES (PERSONAL SERVICES)
      480 Main St, Alpharetta, GA 30009-8385
      View Details
    • Value Estimation
      $840,000
      8,045 SF

      41 Milton Ave

      RETAIL STORES (PERSONAL SERVICES)
      41 Milton Ave, Alpharetta, GA 30009-1570
      View Details
    • Value Estimation
      $3,000,000
      6,400 SF

      633 Main St

      RETAIL STORES (PERSONAL SERVICES)
      633 Main St, Alpharetta, GA 30009-2327
      View Details
    • Value Estimation
      $1,400,000
      8,155 SF

      2725 Old Milton Pkwy

      RETAIL STORES (PERSONAL SERVICES)
      2725 Old Milton Pkwy, Alpharetta, GA 30009-2282
      View Details
    • Value Estimation by Request
      3,007 SF

      79 Main St

      RETAIL STORES (PERSONAL SERVICES)
      79 Main St, Alpharetta, GA 30009-1965
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Campbell Tire Retail Opportunity

      Iconic property near downtown Alpharetta with retail potential.
      502 N Main St, Alpharetta, GA 30009
      View Details
    • Contact for pricing
      4,838 SF

      Alpharetta Automotive Repair Investment Opportunity

      Automotive repair facility with NNN lease in high-growth Alpharetta market.
      540 North Main St, Alpharetta, GA 30009
      View Details
    • Contact for pricing
      Pending

      Avalon Home with Carriage House

      Exquisitely designed home with pool, courtyard, and carriage house.
      100 Grand Cres, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Full Floor Office Space

      26,000 SF office space available in Alpharetta, GA.
      3050 Northwinds Pkwy, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Alpharetta Specialty Property for Sale

      Specialty property available for purchase in Alpharetta, Georgia.
      221 Roswell St, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Alpharetta Office Space Near Avalon

      Office space available near Avalon with easy access to GA 400.
      3050 Northwinds Pkwy, Alpharetta, GA 30009
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,500 SF

      Downtown Alpharetta Mixed-Use Property

      Retail and office spaces available in downtown Alpharetta.
      116 North Main St, Alpharetta, GA 30009
      View Details
    • Contact for pricing
      1,068 SF

      Retail Space Near Alpha Loop

      Retail space connected to Alpha Loop and adjacent to green space.
      900 Lake St, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Retail Space in Alpharetta, Georgia

      Retail space for lease in Alpharetta, Georgia.
      400 Avalon Blvd, Alpharetta, GA 30009
      View Details
    • Contact for pricing
      4,627 SF

      Retail Space on Mansell Road

      Retail space with signalized access on Mansell Road.
      1605 Mansell Rd, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Available Flex Space For Lease

      52,000 SF flex space with office and warehouse components.
      11820 Wills Rd, Alpharetta, GA 30009
      View Details
    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.
    299 Main St
    Alpharetta, GA 30009-1904
    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

    Thank You for Inquiry
    299 Main St, Alpharetta, GA, 30009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!