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    3785 Hamby Rd Alpharetta, GA 30004-2916
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    Property profile & analytics

    3785 Hamby Rd, Alpharetta, GA 30004-2916

    View on Map
    • Medical Office Space
    • 2,430 SF
    • 1.44 lot acres
    Off-Market
    Property ID
    US22-4598403
    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
    $550,000
    Show details
    Cap Rate Potential
    9.3%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Hamby Road Animal Hospital / Veterinary Clinic

    Property Details for 3785 Hamby Rd

    Year built
    1982
    Lot size
    1.44 lot acres
    Zone code
    A1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    017 009
    APU
    17009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2022 — Ana J Mogan — Deed · related $450k · Citizens Bank Of Georgia
    Nov 10, 2020 — Ana J Mogan — Deed · related $970k · Citizens Bk/ga
    Nov 19, 2019 — Ana J Mogan — Deed · related $100k · Citizens Bk/ga
    Nov 30, 2018 — Ana J Mogan — Trustees Deed · related $100k · Citizens Bk/ga
    Sep 5, 2017 — Jeffrey Kyle Adams — Deed · related $200k · The Citizens Bank Of Forsyth County
    Jan 27, 2006 — Forsyth County Adams Jeffrey Kyle & Grant Deed · related —
    Jan 26, 2006 — Forsyth County Government Citirens Bank Of Forsyth C Quit Claim Deed · related —
    Jan 1, 2006 — Jeffrey K Adams Owner Name Unavailable Grant Deed · related —
    — — Ana J Mogan — Loan Modification, Consolidation And Extension · related $100k · Citizens Bk/ga
    — — Jeffrey K Adams — Deed Of Trust · related $65k · Citizens Bank Forsyth County
    — — Jeffrey Adams — Deed Of Trust · related $740k · Citizens Bank Forsyth County
    — — Ana M Adams — Deed Of Trust · related $65k · Citizens Bank Forsyth County
    — — Ana M Adams — Loan Modification · related $65k · Citizens Bank
    — — Ana J Mogan — Loan Modification · related $970k · Citizens Bk/ga
    — — Ana J Mogan — Loan Modification · related —
    — — Ana M Adams — Loan Modification · related $65k · Citizens Bank Forsyth County
    — — Ana M Adams — Deed Of Trust · related $65k · Citizens Bank Forsyth County

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $585,000
      6.5%
      $540,000
      7%
      $505,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $640,000
      Current use
      COMMERCIAL (GENERAL)
      $865,000
      Change: +35% Conversion: Easy
      RETAIL STORES
      $760,000
      Change: +18% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $515,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.2538
    Latitude
    34.1548
    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
    2024
    $14,339
    $70,328
    $514,427
    $584,755
    -
    $175,820
    $1,286,068
    $1,461,888

    Comparable in this City

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      4,138 SF

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    • Value Estimation
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      3,862 SF

      12250 Crabapple Rd

      MEDICAL BUILDING
      12250 Crabapple Rd, Alpharetta, GA 30004-4020
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    • Value Estimation
      $965,000
      7,594 SF

      12389 Crabapple Rd

      MEDICAL BUILDING
      12389 Crabapple Rd, Alpharetta, GA 30004-6328
      View Details
    • Value Estimation
      $1,940,000
      9,465 SF

      6785 Atlanta Hwy

      MEDICAL BUILDING
      6785 Atlanta Hwy, Alpharetta, GA 30004-3339
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    • Value Estimation
      $3,390,000
      24,146 SF

      4895 Windward Pkwy

      MEDICAL BUILDING
      4895 Windward Pkwy, Alpharetta, GA 30004-3850
      View Details
    • Value Estimation
      $815,000
      4,569 SF

      12994 Hwy 9th N

      MEDICAL BUILDING
      12994 Hwy 9th N, Milton, GA 30004-3609
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,848 SF

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      Office space in McFarland Business Park, near shopping and Hwy 400.
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      View Details
    • Contact for pricing
      14,000 SF

      Alpharetta Industrial/Flex Facility For Sale

      14,000 SF industrial/flex facility with warehouse and office space.
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    • $745,000

      Alpharetta Office Space For Sale

      Modern office space in a desirable Alpharetta location.
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    Similar Nearby for Lease

    • $24 SF/Yr
      1,837 SF

      McFarland Office Condo - 1837 sq ft

      New construction, versatile office space. Ideal for medical or executive use.
      6110 Mcfarland Station Dr, Alpharetta, GA 30004
      View Details
    • $288 SF/Yr
      11,000 SF

      Alpharetta Office Space for Lease

      Modern Office, Prime Location, 1847 sq ft
      1740 Grassland Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing

      Industrial Space with Renovated Office

      Alpharetta warehouse with renovated office space and ample parking.
      9330 Industrial Trce, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      103,478 SF

      Class A Office in Alpharetta

      Premier office space with excellent access and walk-to amenities.
      12735 Morris Road Ext, Alpharetta, GA 30004
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    • Contact for pricing

      Office Space in Alpharetta, GA

      Office space available for rent in Alpharetta, Georgia.
      2001 Westside Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing

      Office Space in Historic Crabapple

      Office space for lease in Alpharetta's historic Crabapple area.
      12590 Broadwell Rd, Alpharetta, GA 30004
      View Details
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    Alpharetta, GA 30004-2916
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    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
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