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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Grocery and convenience stores
6700 Atlanta Hwy Alpharetta, GA 30004-3338
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1507906
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Total area
5,062 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CBD
APN
019 048
UPID
US22-1507906
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
-
EXPRESS FOOD MART USA INC Grocery & Convenience Store
-
KOYOS HAIR SALON Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Jlv Alpharetta Properties LLC · 3 yrs held
Jlv Alpharetta Properties LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CBD · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+67.7%
Retail stores
$1.6M
+47.5%
Medical building
$1.3M
+24.6%
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
$985,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
$1,355,000
6.5%
$1,250,000
7%
$1,160,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,070,000
Current use
COMMERCIAL (GENERAL)
$1,800,000
Change: +68% · Conversion: Easy
RETAIL STORES
$1,580,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$1,335,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$860,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.20M (Apr 3 2023)
Last sale anchor
$1.20M
Apr 3 2023
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
$220 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,767
Tax year 2024
Assessed value
$275,960
Assessed 2024
Previous assessed
$303,752
-9.1% YoY
Effective rate
2.45%
On assessed value
Assessed land
$240,000
Assessed improvement
$35,960
Land market value
$600,000
Improvement market value
$89,900
Total market value
$689,900
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1970
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
5,062 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CBD
APN
019 048
UPID
US22-1507906
Jurisdiction
FORSYTH
Zoning & alternative use
CBD · Alpharetta, GAZoning CBD · permitted uses
CBD · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1970
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.96 ac
Current owner
From public records · entity-resolved
Jlv Alpharetta Properties LLC
Entity
Mailing address
6700 ATLANTA HWY, ALPHARETTA, GA 30004-3338
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
$1,200,000
Jlv Alpharetta Properties LLC
Vl Business INC
Warranty Deed
$800,000 · Millennium Investment Group
Nov 28, 2018
—
Vl Business INC
—
Deed
related
$415,935 · State Bk&tr
Dec 28, 2011
$840,000
Vl Business INC
Yang,chih-neng
Grant Deed
$600,000 · State Bank & Trust
Mar 19, 2009
—
Chih N Yang
Chen,yoyo
Quit Claim Deed
related
$3,606 · Kevin J Pratt
Mar 13, 2009
—
Chih Neng Yang
Chen,ching-hsiang Wu
Grant Deed
related
$3,606 · J Kevin
—
—
Chih Neng Yang
—
Deed Of Trust
related
$57,600 · Ching-hsiang Chen
—
—
Vl Business INC
—
Loan Modification
related
$415,935 · State Bk&tr
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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