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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Auto shops
345 Mcfarland Pkwy Alpharetta, GA 30004-3359
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0794651
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2007
Total area
77,796 SF
Lot
17.58 ac (765,785 SF)
Zoning code
CBD
APN
041 198
UPID
US22-0794651
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
-
RBM of Alpharetta - Service Center Auto Repair Shop Vehicle Inspection Center
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Atlanta Airstream Car Dealership
-
RBM of Alpharetta Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$2.33M
Owner & transaction history
Mcfarland Road Associates LLC · 1 yrs held
Mcfarland Road Associates LLC
since 2024
Last sale
$2.3M
3 recorded transactions
Zoning & alternative use
CBD · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,330,000
ML approach
$2,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.33M (Aug 27 2024)
Last sale anchor
$2.33M
Aug 27 2024
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
$30 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$51,230
Tax year 2024
Assessed value
$2,457,796
Assessed 2024
Previous assessed
$2,574,360
-4.5% YoY
Effective rate
2.08%
On assessed value
Assessed land
$836,808
Assessed improvement
$1,620,988
Land market value
$2,092,020
Improvement market value
$4,052,470
Total market value
$6,144,490
Applied tax rate
1.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Total area
77,796 SF
Lot
17.58 ac (765,785 SF)
Zoning code
CBD
APN
041 198
UPID
US22-0794651
Jurisdiction
FORSYTH
Zoning & alternative use
CBD · Alpharetta, GA
Zoning CBD · permitted uses
CBD · 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.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Buildings
2
Lot
17.58 ac
Current owner
From public records · entity-resolved
Mcfarland Road Associates LLC
Entity
Free & Clear · 1 yrs held
Mailing address
345 MCFARLAND PKWY, ALPHARETTA, GA 30004-3359
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
Mcfarland Road Associates LLC
Wachovia National Bank National Ass
Quit Claim Deed
related
—
Aug 1, 2005
$2,328,600
Mcfarland Road Associates LLC
Marietta Real Est Holding Corp
Deed
$2,400,000 · Wachovia Bk
—
—
Mcfarland Road Associates LLC
—
Deed Of Trust
related
$2,400,000 · Wachovia Bank NA
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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