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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Strip malls
5530 Windward Pkwy Milton, GA 30004-8969
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1851317
Property summary
AI-generated overview
This exceptional retail property, known as Plaza at Windward, is located at 5530 Windward Parkway in Alpharetta, Georgia (zip code 30004), Fulton County. The property is a strip center totaling 44,463 square feet and comprises three individual suites. Currently, there is 5,749 square feet of vacant space available, offering a unique opportunity for multiple tenants or a single larger tenant. Individual suites range in size from a minimum of 1,224 square feet to a maximum contiguous space of 2,400 square feet. The property boasts excellent visibility along Windward Parkway, a high-traffic area with an estimated 48,000 vehicles passing daily, ensuring significant exposure for businesses. This prime location in Alpharetta offers easy access for customers and presents a strong investment opportunity for retail businesses seeking a high-traffic, visible location. The property's strategic placement makes it ideal for a variety of retail uses. Serious inquiries are encouraged to explore this exceptional retail space.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
WOOD
Total area
7,385 SF
Lot
4.8 ac (209,088 SF)
Zoning code
C2
APN
22 545011870621
UPID
US22-1851317
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$1.09M
Owner & transaction history
Plaza Star Associates LLC · 11 yrs held
Plaza Star Associates LLC
since 2014
1 recorded transaction
Zoning & alternative use
C2 · Milton, 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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$148 / 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
$120,867
Tax year 2023
Assessed value
$4,282,120
Assessed 2023
Previous assessed
$3,425,680
+25.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,727,920
Assessed improvement
$2,554,200
Land market value
$4,319,800
Improvement market value
$6,385,500
Total market value
$10,705,300
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
2004
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Total area
7,385 SF
Lot
4.8 ac (209,088 SF)
Zoning code
C2
APN
22 545011870621
UPID
US22-1851317
Jurisdiction
FULTON
Zoning & alternative use
C2 · Milton, GAZoning C2 · permitted uses
C2 · Milton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
4.8 ac
Current owner
From public records · entity-resolved
Plaza Star Associates LLC
Entity
Mailing address
1792 WOODSTOCK RD STE 250B, ROSWELL, GA 30075-2199
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Oct 7, 2014
—
Plaza Star Associates LLC
—
Grant Deed
related
$9,600,000 · Voya Retirement Ins & Annuity
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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