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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
5000 Pt Cir Alpharetta, GA 30022-4861
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-1445857
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1993
Total area
248,088 SF
Lot
18.09 ac (788,000 SF)
Zoning code
PSC
APN
12 260007000123
UPID
US22-1445857
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
-
BCBGeneration Women'S Clothing Store Clothing Store
-
MAC Cosmetics Cosmetic Store
-
Bluemercury Spa & Massage Center
-
Optical Boutique At Macy's Ophthalmologist (Bike/Boat/Book/etc) Store
-
Sunglass Hut at Macy's (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reep Rtl Npm Ga LLC · 5 yrs held
Reep Rtl Npm Ga LLC
since 2021
Last sale
$202.7M
1 recorded transaction
Zoning & alternative use
PSC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$3,214,880
Assessed 2023
Previous assessed
$3,214,880
+0.0% YoY
Assessed land
$842,080
Assessed improvement
$2,372,800
Land market value
$2,105,200
Improvement market value
$5,932,000
Total market value
$8,037,200
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1993
Heating
YES
Cooling
YES
Stories
1
Total area
248,088 SF
Lot
18.09 ac (788,000 SF)
Zoning code
PSC
APN
12 260007000123
UPID
US22-1445857
Jurisdiction
FULTON
Zoning & alternative use
PSC · Alpharetta, GA
Zoning PSC · permitted uses
PSC · 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
1993
Heating
YES
Cooling
Yes
Stories
1
Lot
18.09 ac
Current owner
From public records · entity-resolved
Reep Rtl Npm Ga LLC
Entity
Free & Clear · 5 yrs held
Mailing address
51 MADISON AVE, NEW YORK, NY 10010-1603
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2021
$202,686,000
Reep Rtl Npm Ga LLC
North Point Mall LLC
Deed In Lieu Of Foreclosure
—
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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