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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6500 Pt Pkwy Alpharetta, GA 30022-4893

    • Turn key restaurants
    • 34,758 SF
    • 6.25 lot acres
    OFF-MARKET
    Value Estimations
    $1,455,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1094834
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dave & Buster's Alpharetta / Restaurant / Amusement Center
    • Nearby Storage Units -Alpharetta, GA / Self-Storage Facility

    Property Details for 6500 Pt Pkwy

    Year built
    1994
    Lot size
    6.25 lot acres
    Property size
    34,758 SF
    Zone code
    PSC
    Property type
    Turn key restaurants
    APN
    12 273007020355
    APU
    12273007020355

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $900,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,012,000
      Market price range: $1.35M - $6.10M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2942
    Latitude
    34.0436
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,181,240
    $1,218,760
    $2,400,000
    -
    $2,953,100
    $3,046,900
    $6,000,000

    Comparable in this City

    • Value Estimation
      $765,000
      12,625 SF

      925 Pt Dr

      RESTAURANT • 12,625 SF
      925 Pt Dr, Alpharetta, GA 30022-8266
      View Details
    • Value Estimation
      $5,830,000
      6,765 SF

      10890 Haynes Brg Rd

      RESTAURANT • 6,765 SF
      10890 Haynes Brg Rd, Alpharetta, GA 30022-4804
      View Details
    • Value Estimation
      $3,700,000
      6,589 SF

      10920 Haynes Brg Rd

      RESTAURANT • 6,589 SF
      10920 Haynes Brg Rd, Alpharetta, GA 30022-4806
      View Details
    • Value Estimation by Request
      6,947 SF

      Mansell Rd

      RESTAURANT • 6,947 SF
      Mansell Rd, Alpharetta, GA 30022
      View Details
    • Value Estimation
      $965,000
      23,500 SF

      2000 Ray Moss Connector

      RESTAURANT • 23,500 SF
      2000 Ray Moss Connector, Alpharetta, GA 30022-4614
      View Details
    • Value Estimation
      $1,325,000
      4,058 SF

      870 Stethem Fry, Unit 9

      RESTAURANT • 4,058 SF
      870 Stethem Fry, Alpharetta, GA 30022-8610
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      NNN Leased Lazy Dog Restaurant

      20-year NNN lease with rental increases in affluent Alpharetta.
      10800 Haynes Bridge Rd, Alpharetta, GA 30022
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    • Contact for pricing
      1.77 Acres

      2375 Mansell Rd, Alpharetta, GA 30022

      Retail properties • 1.77 Acres
      2375 Mansell Rd, Alpharetta, GA 30022
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    • $470,000
      2,000 SF

      Move-in Ready Townhouse in Johns Creek

      Townhouse in gated community with pool, tennis, and clubhouse.
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    • $2,375,000
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      Alpharetta Assisted Living Facility

      Prime Location, 59 Units, 46,590 sqft
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      2,600 SF

      Luxury Townhome in Gated Community

      Renovated 3-bedroom townhome with modern amenities in a secure community.
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    • $299,000
      0.81 Acres

      Residential Land in St. Regis

      0.813-acre lot in exclusive St. Regis Subdivision.
      280 Vidaulan Ct, Johns Creek, GA 30022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      106,396 SF

      North Bridges Retail Center

      Johns Creek, GA: Prime Retail Space Available
      10955 Jones Bridge Rd, Johns Creek, GA 30022
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    • Contact for pricing
      75,000 SF

      East Roswell Retail Spaces For Lease

      Prime Retail & Restaurant, 4 Suites Available
      2570 Holcomb Bridge Rd, Roswell, GA 30022
      View Details
    • Contact for pricing

      Roswell Shopping Center Retail Opportunity

      106,143 SF shopping center with high traffic volume.
      2880 Holcomb Bridge Rd, Alpharetta, GA 30022
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    • Contact for pricing
      1,349 SF

      East Roswell Retail/Restaurant Opportunity

      Retail and restaurant spaces available in mixed-use East Roswell redevelopment.
      2612 Holcomb Bridge Rd, Alpharetta, GA 30022
      View Details
    • $14,500 /Mo
      77,101 SF

      Restaurant Building on High-Traffic Corner

      Freestanding 6062 SF restaurant on 1.77 acres in Alpharetta.
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
    • New
      $14,500 /Mo
      77,101 SF

      Restaurant with Bar and Patio

      Freestanding restaurant with bar, patio, and ample parking.
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
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    6500 Pt Pkwy
    Alpharetta, GA 30022-4893
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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