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Property profile & analytics
FOR LEASE
Office buildings
7855 N Point Pkwy Alpharetta, GA 30022
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1820485
For Lease
1 / 2
$4,215,000
7855 N Point Pkwy, Alpharetta, GA 30022
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Total area
19,902 SF
Lot
2.18 ac (94,961 SF)
Zoning code
OI
APN
12 250006370338
UPID
US22-1820485
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
-
River's Edge Milton General Contractor
-
Russo & Associates Harry Norman Realtors Real Estate Agency
-
BROADWELL HOUSE Condominium Complex
-
Harry Norman Realtors: Eve Jones Real Estate Agency
-
Arthur Murray Dance Studio Alpharetta Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$4.22M
Owner & transaction history
Mansell Plaza LLC · 3 yrs held
Mansell Plaza LLC
since 2022
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
OI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.5M
+93.4%
Retail stores
$6.2M
+83.9%
Medical building
$6.2M
+82.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,740,000
6.5%
$4,375,000
7%
$4,060,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,380,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,540,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$6,220,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$6,185,000
Change: +83% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,800,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$4.22M
Range $3.79M – $4.64M · ±10% · vs last sale $4.51M (May 1 2025)
Last sale anchor
$4.51M
May 1 2025
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
$212 / 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
Assessed value
$1,340,800
Assessed 2023
Previous assessed
$1,340,800
+0.0% YoY
Assessed land
$588,600
Assessed improvement
$752,200
Land market value
$1,471,500
Improvement market value
$1,880,500
Total market value
$3,352,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
19,902 SF
Lot
2.18 ac (94,961 SF)
Zoning code
OI
APN
12 250006370338
UPID
US22-1820485
Jurisdiction
FULTON
Zoning & alternative use
OI · Alpharetta, GA
Zoning OI · permitted uses
OI · 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
OFFICE BUILDING Current
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
RETAIL STORES
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
Mansell Plaza LLC
Entity
Mailing address
7855 N PT PKWY, ALPHARETTA, GA 30022-3091
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2022
—
Mansell Plaza LLC
Shops At Mansell LLC
Warranty Deed
$720,343 · Colony Bank
Sep 5, 2017
$2,480,000
Shops Mansell LLC
Hossenlopp-mansell Plaza LLC
Grant Deed
—
Dec 1, 2014
$176,414
Hossenlopp-mansell Plaza LLC
Cargill-mansell Plaza LLC
Warranty Deed
—
Jun 26, 2013
$176,414
Hossenlopp-mansell Plaza LLC
Custard-mansell Plaza LLC
Grant Deed
—
Aug 23, 2007
$2,123,596
Hossenlopp Mansell Plaza LLC
Dbst Mansell Plaza LLC
Grant Deed
—
Aug 21, 2007
$333,404
Custard Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$1,274,157
Cargill Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$169,701
Conway Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$637,079
Schneider Mansell Plzaz LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$451,536
Ranch Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$4,725,000
Dbsi Mansell Plaza LLC
Levenson,kent S
Grant Deed
—
Aug 17, 2007
$196,879
Ellis Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
Aug 17, 2007
$530,899
Bell Mansell Plaza LLC
Dbsi Mansell Plaza LLC
Grant Deed
—
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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