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Property profile & analytics
OFF-MARKET
Estimated value
$5,560,000
Warehouses
411 Stethem Fry 9 Alpharetta, GA 30022
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1283235
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Construction
STEEL FRAME
Total area
35,038 SF
Lot
3.7 ac (161,172 SF)
Zoning code
C1
APN
12 246206480067
UPID
US22-1283235
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.60M
Comparable Approach
Comparable
$7.72M
Blend (final)
Blend
$5.56M
Owner & transaction history
U,store It LP · 16 yrs held
U,store It LP
since 2010
3 recorded transactions
Zoning & alternative use
C1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,065,000
6.5%
$5,600,000
7%
$5,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,335,000
Current use
Blend value · Realmo final
$5.56M
Range $5.00M – $6.12M · ±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
$159 / 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
$82,026
Tax year 2023
Assessed value
$2,906,040
Assessed 2024
Previous assessed
$2,906,040
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,065,600
Assessed improvement
$1,840,440
Land market value
$2,664,000
Improvement market value
$4,601,100
Total market value
$7,265,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
201
Total area
35,038 SF
Lot
3.7 ac (161,172 SF)
Zoning code
C1
APN
12 246206480067
UPID
US22-1283235
Jurisdiction
FULTON
Zoning & alternative use
C1 · Alpharetta, GA
Zoning C1 · permitted uses
C1 · 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
WAREHOUSE, STORAGE Current
Est. value
$4.3M
WAREHOUSE, STORAGE Current
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
1995
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
201
Lot
3.7 ac
Current owner
From public records · entity-resolved
U,store It LP
Entity
Free & Clear · 16 yrs held
Mailing address
460 E SWEDESFORD RD STE #3000, WAYNE, PA 19087-1835
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Mar 26, 2010
—
U,store It LP
Ysi LLC
Grant Deed
related
—
Jan 20, 2005
$6,870,000
Ysi I LLC
Acquiport Of Amsdell I
Grant Deed
related
$90,000,000 · Lehman Cap
—
—
U,store It LP
—
Deed Of Trust
related
$450,000,000 · 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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