Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Retail space
5779 State Brg Rd Alpharetta, GA 30022-6003
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1367675
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
8,700 SF
Lot
1 ac (43,560 SF)
Zoning code
C1
APN
11 083002990391
UPID
US22-1367675
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
-
Snowy & Rolls Ice Cream Grocery & Convenience Store Specialty Food Shop
-
A1 Gold Buyers Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Generator Supercenter of North Atlanta Hardware & Home Improvement Building Supply
-
Monte Perry Bridal Clothing & Fashion Store
-
Monte Perry Bridal & Alterations (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
$1.20M
Owner & transaction history
Karasi Group LLC · 10 yrs held
Karasi Group LLC
since 2016
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$137 / 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
$15,916
Tax year 2023
Assessed value
$563,880
Assessed 2023
Previous assessed
$472,480
+19.3% YoY
Effective rate
2.82%
On assessed value
Assessed land
$288,040
Assessed improvement
$275,840
Land market value
$720,100
Improvement market value
$689,600
Total market value
$1,409,700
Applied tax rate
57.0000
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
Off-Market
Year built
1995
Heating
YES
Cooling
YES
Stories
1
Total area
8,700 SF
Lot
1 ac (43,560 SF)
Zoning code
C1
APN
11 083002990391
UPID
US22-1367675
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.
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Karasi Group LLC
Entity
Free & Clear · 10 yrs held
Mailing address
3210 SUGARLOAF CLB DR, DULUTH, GA 30097-3711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2016
—
Karasi Group LLC
Kas 7860 LLC
Grant Deed
related
—
Dec 8, 2015
$1,181,250
Kas 7860 LLC
Us Bank NA 2005-top17
Grant Deed
—
Jul 7, 2015
$1,450,000
Us Bank NA Series 2005-top17 Tr
State Bridge Pm LLC
Trustees Deed
related
—
Nov 3, 2004
—
State Bridge Dm LLC
Statebridge Venture
Quit Claim Deed
related
—
Nov 3, 2004
$2,635,000
State Bridge Dm LLC
Statebridge Venture
Grant Deed
related
$1,615,000 · Principal Com'l Fndg
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 5779 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.
