Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$16,720,000
Strip malls
4305 State Brg Rd Alpharetta, GA 30022-4471
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0848847
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Total area
94,220 SF
Lot
10.66 ac (464,350 SF)
Zoning code
C1
APN
11 026001200361
UPID
US22-0848847
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 Rohner Pharmacy
-
AirPlus Heating and Air Conditioning HVAC Service General Contractor
-
Sport Clips Haircuts of Alpharetta Commons Hair Salon
-
Allure Nails & Bar Nail Salon
-
Presto! ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.72M
Owner & transaction history
H&m Alpharetta LLC · 4 yrs held
H&m Alpharetta LLC
since 2021
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%
$25,235,000
6.5%
$23,295,000
7%
$21,630,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$27,460,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$16.72M
Range $15.05M – $18.39M · ±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
$177 / 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
$249,969
Tax year 2023
Assessed value
$8,856,000
Assessed 2023
Previous assessed
$8,856,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,630,200
Assessed improvement
$6,225,800
Land market value
$6,575,500
Improvement market value
$15,564,500
Total market value
$22,140,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Stories
1
Total area
94,220 SF
Lot
10.66 ac (464,350 SF)
Zoning code
C1
APN
11 026001200361
UPID
US22-0848847
Jurisdiction
FULTON
Zoning & alternative use
C1 · Alpharetta, GAZoning C1 · permitted uses
C1 · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$27.5M
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
1997
Heating
YES
Cooling
Yes
Stories
1
Lot
10.66 ac
Current owner
From public records · entity-resolved
H&m Alpharetta LLC
Entity
Mailing address
35 JOHNSON FRY RD, MARIETTA, GA 30068-4906
Ownership since
2021
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
Dec 16, 2021
—
H&m Alpharetta LLC
Hlm Alpharetta LLC
Limited Warranty Deed
$3,070,000 · Farmers And Merchants Bank Of Long Beach
Aug 2, 2011
$18,750,000
Amreit Alpharetta Commons LP
Germania Prop Invtrs Xxix LP
Grant Deed
—
Aug 2, 2011
—
Amreit Alpharetta Commons LP
Germania Prop Invtrs Xxix LP
Grant Deed
related
$12,500,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4305 State Brg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
