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Property profile & analytics
FOR LEASE
Retail space
6195 Windward Pkwy Alpharetta, GA 30005
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1412682
For Lease
1 / 4
$4,485,000
6195 Windward Pkwy, Alpharetta, GA 30005
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
18,227 SF
Lot
3.44 ac (150,064 SF)
Zoning code
CUP
APN
21 557011070450
UPID
US22-1412682
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
-
Senergy Fitness Windward Gym & Fitness Center
-
Edgewater Animal Hospital Veterinary Clinic
-
Secreto Kitchen & Bar Alpharetta Restaurant
-
MajesticTN Nails Nail Salon
-
Tarahumata Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.58M
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$4.49M
Owner & transaction history
Coastal Market Forest LLC · 3 yrs held
Coastal Market Forest LLC
since 2022
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
CUP · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.5M
+13.7%
Neighborhood: shopping center
$6.0M
+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
$4,460,000
ML approach
$4,575,000
CAP Approach
CAP Return
Estimation
6%
$3,900,000
6.5%
$3,600,000
7%
$3,340,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,695,000
Current use
COMMERCIAL (GENERAL)
$6,475,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,990,000
Change: +5% · Conversion: Moderate
MEDICAL BUILDING
$5,660,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,310,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.49M
Range $4.04M – $4.93M · ±10% · vs last sale $4.90M (Jul 29 2022)
Last sale anchor
$4.90M
Jul 29 2022
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
$246 / 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
$17,804
Tax year 2023
Assessed value
$630,760
Assessed 2023
Previous assessed
$1,186,000
-46.8% YoY
Effective rate
2.82%
On assessed value
Assessed land
$630,760
Land market value
$1,576,900
Total market value
$1,576,900
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
2007
Heating
NONE
Stories
1
Units
1
Total area
18,227 SF
Lot
3.44 ac (150,064 SF)
Zoning code
CUP
APN
21 557011070450
UPID
US22-1412682
Jurisdiction
FULTON
Zoning & alternative use
CUP · Alpharetta, GA
Zoning CUP · permitted uses
CUP · 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
$5.7M
COMMERCIAL (GENERAL)
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.3M
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
2007
Heating
NONE
Stories
1
Units
1
Lot
3.44 ac
Current owner
From public records · entity-resolved
Coastal Market Forest LLC
Entity
Mailing address
481 CARLISLE DR, HERNDON, VA 20170-4882
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
$4,900,000
Coastal Market Forest LLC
Windward Market Forest LLC
Warranty Deed
$2,200,000 · Eaglebank
Feb 12, 2021
—
Windward Market Forest LLC
—
Deed
related
$1,500,000 · Cornerstone Commercial Mortgages
Nov 30, 2015
$3,500,000
Windward Market Forest LLC
Market Forest Partners LLC
Grant Deed
related
$2,160,000 · Touchmark Nat'l Bk
Nov 17, 2015
—
Market Forest Partners LLC
—
Trustees Deed
related
$140,000 · Iberiabank Fsb
Jun 4, 2014
$2,300,000
Market Forest Partners LLC
Market Forest Shoppes LLC
Grant Deed
related
$2,191,500 · Georgia Commerce Bank
—
—
Market Forest Shoppes LLC
—
Deed Of Trust
related
$3,480,000 · Cornerstone Bank
—
—
Market Forest Shoppes LLC
—
Deed Of Trust
related
$3,480,000 · Cornerstone Bk Watonga
—
—
Market Forest Shoppes LLC
—
Deed Of Trust
related
$3,350,820 · Cornerstone Bank
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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