Individually Owned Property summary
AI-generated overview
This exceptional 3,500 square foot property, located at 6820 Meadowridge Ct in Alpharetta, Georgia (zip code 30005), offers a unique blend of executive office and warehouse space. Currently fully vacant, this Forsyth County building presents a fantastic opportunity for a business seeking a versatile and strategically located space. The property features two separate suites, each offering ample room for various business needs. With a total of 3,500 square feet, the building provides flexibility for customization and expansion. The convenient location in Alpharetta offers easy access to major transportation routes, enhancing logistical efficiency. The property boasts two drive-in bays, ideal for loading and unloading goods, making it particularly suitable for businesses requiring efficient warehouse operations. This multi-tenant building is perfect for a company seeking both professional office space and functional warehouse capabilities. The property is classified as Office and Industrial, offering a combined solution for diverse business requirements. This is a rare opportunity to secure a well-situated, versatile property in a thriving Alpharetta location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Total area
32,876 SF
Lot
2.52 ac (109,771 SF)
Zoning code
M1
APN
088 064
UPID
US22-0825514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Engineering Consultant
-
Construction Company General Contractor
-
(Bike/Boat/Book/etc) Store
-
Commercial Cleaning Service
-
Recycling Center Waste Management Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.55M
CAP Approach
CAP
$3.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.90M
Owner & transaction history
since 2023
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
M1 · Alpharetta, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.90M
Value range
$3.51M – $4.29M
±10% around blend
Estimated value / SF
$119 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$3.51M
blend $3.90M
$4.29M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
32,876 SF
Lot area
2.52 ac
Year built
1997
Stories
1
APN
088 064
Zoning
M1
Assessed value
$1,893,807
Annual tax
$46,440
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.08M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.34M
@ 6.5% CAP return
$3.08M
@ 7% CAP return
$2.86M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$189
-37%
Submarket 86 sales
$176
-33%
County 143 sales
$164
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $119/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.10%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.10%
9.0%
NOI (est.)
$333k *
Last sale · Feb 2023
$4.76M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.53M
Move the market yield to see immediate price impact.
Value / SF
$199
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.60%5.10%5.60%
$300k
$6.52M
$5.88M
$5.36M
$333k
$7.25M
$6.53M
$5.95M
$367k
$7.97M
$7.19M
$6.55M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$46,440
Tax year 2024
Assessed value
$1,893,807
Assessed 2024
Previous assessed
$1,904,400
-0.6% YoY
Effective rate
2.45%
On assessed value
Assessed land
$340,200
Assessed improvement
$1,553,607
Land market value
$850,500
Improvement market value
$3,884,018
Total market value
$4,734,518
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
32,876 SF
Lot
2.52 ac (109,771 SF)
Zoning code
M1
APN
088 064
UPID
US22-0825514
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Alpharetta, GAZoning M1 · permitted uses
M1 · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
2.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Alpharetta, GA
Recorded code
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Alpharetta, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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