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Property profile & analytics
FOR LEASE
Retail space
4390 Kimball Bridge Rd Alpharetta, GA 30022
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-4642830
For Lease
1 / 4
$2,090,000
4390 Kimball Bridge Rd, Alpharetta, GA 30022
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
WOOD
Total area
8,911 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C1
APN
11 026001201617
UPID
US22-4642830
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
-
Kimball Cleaners (Bike/Boat/Book/etc) Store
-
Sri Ganesh Foods - Sweets & Snacks Take-out & Catering
-
Ziba's Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.09M
Owner & transaction history
Kimball Crossing LLC · 1 yrs held
Kimball Crossing LLC
since 2025
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
C1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+13.7%
Neighborhood: shopping center
$2.9M
+5.2%
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
$2,195,000
ML approach
$1,975,000
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,785,000
Current use
COMMERCIAL (GENERAL)
$3,165,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,930,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$2,770,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,595,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10% · vs last sale $2.10M (Jan 14 2025)
Last sale anchor
$2.10M
Jan 14 2025
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
$235 / 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
$14,006
Tax year 2023
Assessed value
$496,200
Assessed 2023
Previous assessed
$496,200
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$99,240
Assessed improvement
$396,960
Land market value
$248,100
Improvement market value
$992,400
Total market value
$1,240,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2004
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
8,911 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C1
APN
11 026001201617
UPID
US22-4642830
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
RETAIL STORES Current
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Kimball Crossing LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8538 SPG BREEZE TER, SUWANEE, GA 30024-1540
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$2,100,000
Kimball Crossing LLC
Kimball Alpharetta Estate LLC
Warranty Deed
—
Dec 27, 2021
—
Kimball Alpharetta Estate LLC
Lee & Park Real Estate LLC
Warranty Deed
$1,432,000 · Embassy National Bank
Dec 17, 2021
$1,700,000
Kimball Alpharetta Estate LLC
Lee & Park Real Estate LLC
Warranty Deed
$1,432,000 · Embassy National Bank
Jun 26, 2018
—
Lee & Park Real Estate LLC
—
Deed
related
$791,714 · Shinhan Bk
Oct 3, 2007
$2,000,000
Lee & Park Real Estate LLC
Noor Business Enterprises LLC
Deed
$1,500,000 · First Intercontinental Bk
Sep 28, 2007
$2,000,000
Lee Park Real Estate LLC
Noor Business Enterprises
Grant Deed
$1,500,000 · First Intercontinental Bank
—
—
Lee & Park Real Estate LLC
—
Loan Modification
related
$791,714 · Shinhan Bk
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
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