Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6503 Pt Pkwy Alpharetta, GA 30022-4887
    Back to Search
    Property profile & analytics

    6503 Pt Pkwy Alpharetta, GA 30022-4887

    View on Map
    • Banks
    • 4,347 SF
    • 1.33 lot acres
    Off-Market
    Last Sale Mar 14, 2024
    $3,500,000
    Property ID
    US22-1557173
    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.
    Value Estimations
    $3,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 6503 Pt Pkwy

    Year built
    1993
    Construction
    WOOD
    Lot size
    1.33 lot acres
    Property size
    4,347 SF
    Zone code
    PSC
    Property type
    Banks
    APN
    12 261007020418
    APU
    12261007020418

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,500,000
      ML approach
      $3,500,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,514,000
      Market price range: $1.51M - $4.51M

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2945
    Latitude
    34.0455
    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
    $359,120
    $315,400
    $674,520
    -
    $897,800
    $788,500
    $1,686,300

    Comparable in this City

    • Value Estimation by Request
      2,700 SF

      10905 Jones Brg Rd

      FINANCIAL BUILDING • 2,700 SF
      10905 Jones Brg Rd, Alpharetta, GA 30022-2907
      View Details
    • Value Estimation
      $1,010,000
      4,215 SF

      5750 Pt Pkwy

      FINANCIAL BUILDING • 4,215 SF
      5750 Pt Pkwy, Alpharetta, GA 30022-1153
      View Details
    • Value Estimation
      $645,000
      9,042 SF

      10500 Old Alabama Rd Connector

      FINANCIAL BUILDING • 9,042 SF
      10500 Old Alabama Rd Connector, Alpharetta, GA 30022-8273
      View Details
    • Value Estimation by Request
      4,048 SF

      8390 Holcomb Brg Rd

      FINANCIAL BUILDING • 4,048 SF
      8390 Holcomb Brg Rd, Alpharetta, GA 30022-5315
      View Details
    • Value Estimation
      $545,000
      9,932 SF

      10865 Haynes Brg Rd

      FINANCIAL BUILDING • 9,932 SF
      10865 Haynes Brg Rd, Alpharetta, GA 30022-4805
      View Details
    • Value Estimation by Request
      3,788 SF

      10900 Haynes Brg Rd

      FINANCIAL BUILDING • 3,788 SF
      10900 Haynes Brg Rd, Alpharetta, GA 30022-4806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,042 SF

      Alpharetta Bank Branch Opportunity

      Freestanding 9,042 SF building on 1.89 acres for sale.
      10500 Old Alabama Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      38,418 SF

      Former Retail Space Available

      Former Joann Fabrics and Crafts space available for lease.
      965 N Point Dr, Alpharetta, GA 30022
      View Details
    • 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
      View Details
    • $2,500,000
      7,275 SF

      Alpharetta Commercial Building For Sale

      Well-maintained commercial building in Alpharetta, suitable for medical or office use.
      8480 Holcomb Bridge Rd, Alpharetta, GA 30022
      View Details
    • $110,000
      0.64 Acres

      Decatur Vacant Infill Lot

      Vacant lot in East DeKalb, convenient to amenities.
      3574 Finesse Dr, Decatur, GA 30022
      View Details
    • $975,000
      1.23 Acres

      Alpharetta Land in Gated Community

      Rare 1.23 acre lot in exclusive gated community.
      9715 Almaviva Dr, Alpharetta, GA 30022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Alpharetta Retail Space For Lease

      Kroger-anchored shopping center in Alpharetta, Georgia with high visibility.
      3000 Haynes Bridge Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      2,000 SF

      Alpharetta Office or Retail Space

      Located off GA 400, suitable for office or retail.
      7855 N Point Pkwy, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      890 SF

      Retail Space in Affluent Alpharetta

      Retail space with high visibility in a busy Alpharetta location.
      4390 Kimball Bridge Rd, Alpharetta, GA 30022
      View Details
    • 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
    • Contact for pricing

      Roswell Shopping Center Retail Opportunity

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

      Retail Space Near Burlington

      Retail space available next to Burlington, near GA 400.
      7731 N Point Pkwy, Alpharetta, GA 30022
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6503 Pt Pkwy
    Alpharetta, GA 30022-4887
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6503 Pt Pkwy, Alpharetta, GA, 30022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!