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Property profile & analytics
OFF-MARKET
Estimated value
$4,865,000
Office buildings
33 Main St Alpharetta, GA 30009-1942
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-0642999
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2018
Total area
24,352 SF
Lot
0.27 ac (11,674 SF)
Zoning code
C2
APN
22 482312690567
UPID
US22-0642999
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
-
Jennifer Davis with Berkshire Hathaway HomeServices Georgia Properties Real Estate Agency
-
Deana Lindo - Berkshire Hathaway HomeServices Georgia Properties (Atlanta) Real Estate Agency
-
Realtor Rollins Real Estate Agency
-
Cecie Harrington - Realtor Real Estate Agency
-
Kristy Mahurin, Berkshire Hathaway HomeServices - North Fulton Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.35M
Comparable Approach
Comparable
$4.02M
Blend (final)
Blend
$4.87M
Owner & transaction history
33 South Main LLC · 10 yrs held
33 South Main LLC
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.0M
+25.3%
Retail stores
$7.6M
+19.2%
Medical building
$7.6M
+18.5%
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%
$5,795,000
6.5%
$5,350,000
7%
$4,970,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,385,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,000,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$7,610,000
Change: +19% · Conversion: Moderate
MEDICAL BUILDING
$7,565,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,095,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$4.87M
Range $4.38M – $5.35M · ±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
$200 / 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
$60,657
Tax year 2023
Assessed value
$2,148,960
Assessed 2023
Previous assessed
$2,148,960
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$182,760
Assessed improvement
$1,966,200
Land market value
$456,900
Improvement market value
$4,915,500
Total market value
$5,372,400
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
2018
Heating
YES
Cooling
YES
Stories
1
Total area
24,352 SF
Lot
0.27 ac (11,674 SF)
Zoning code
C2
APN
22 482312690567
UPID
US22-0642999
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
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
RETAIL STORES
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
2018
Heating
YES
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
33 South Main LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1905 EVERGREEN LN, ALPHARETTA, GA 30009-6846
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2018
—
33 South Main LLC
—
Deed
related
$10,073,563 · Ameris Bk
Oct 10, 2016
—
33 South Main LLC
—
Deed
related
$8,528,973
Apr 12, 2016
$850,000
33 South Main LLC
Prasanth Properties LLC
Grant Deed
—
Mar 7, 2016
$475,000
Prasanth Properties LLC
Kcdc INC
Trustees Deed
—
Dec 1, 2006
$765,000
S & B Mart INC
Kcdc INC
Grant Deed
—
Dec 1, 2006
—
S & B Mart INC
Kcdc INC
Quit Claim Deed
related
—
Aug 8, 2005
$608,000
Kcdc INC
Bagwell & Spears INC
Grant Deed
—
Aug 8, 2005
—
Kcdc INC
Bagwell & Spears INC
Quit Claim Deed
related
$510,000 · Horizon Bk
—
—
33 South Main LLC
—
Deed Of Trust
related
$10,073,563 · Ameris Bk
—
—
33 South Main LLC
—
Deed Of Trust
related
$8,528,973
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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