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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Industrial properties
8185 Industrial Pl Alpharetta, GA 30004-3381
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0085564
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Total area
3,640 SF
Lot
1.25 ac (54,450 SF)
Zoning code
M1
APN
019 119
UPID
US22-0085564
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
-
Axis General Contractor
-
Axis construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$819k
Blend (final)
Blend
$960k
Owner & transaction history
8185 Industrial Place LLC · 2 yrs held
8185 Industrial Place LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
M1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+145.2%
Commercial (general)
$1.3M
+109.0%
Retail stores
$1.1M
+83.9%
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
$900,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$620,000
Current use
AUTO REPAIR, GARAGE
$1,515,000
Change: +145% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,295,000
Change: +109% · Conversion: Difficult
RETAIL STORES
$1,135,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$960,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $1.10M (Aug 11 2023)
Last sale anchor
$1.10M
Aug 11 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
$264 / 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
$10,379
Tax year 2024
Assessed value
$423,268
Assessed 2024
Previous assessed
$406,989
+4.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$175,000
Assessed improvement
$248,268
Land market value
$437,500
Improvement market value
$620,670
Total market value
$1,058,170
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
0
Total area
3,640 SF
Lot
1.25 ac (54,450 SF)
Zoning code
M1
APN
019 119
UPID
US22-0085564
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Alpharetta, GA
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$960,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.25 ac
Current owner
From public records · entity-resolved
8185 Industrial Place LLC
Entity
Mailing address
8185 INDUSTRIAL PL, ALPHARETTA, GA 30004-3381
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
Aug 11, 2023
$1,100,000
8185 Industrial Place LLC
1805 Grasslands Parkway LLC
Warranty Deed
$935,000 · Pinnacle Bank
May 2, 2014
—
1805 Grasslands Parkway LLC
Mitchell,marguerite M
Quit Claim Deed
related
—
Feb 4, 2014
$365,000
Marguerite M Mitchell
Cre 2011-2 Reo Ga-industrial L
Grant Deed
—
Nov 13, 2013
$396,000
Cre 2011-2 Reo Ga-indl LLC
8185 Industrial Place LLC
Trustees Deed
—
Feb 28, 2007
$582,000
8185 Industrial Place LLC
Wild Blue Properties LLC
Warranty Deed
$494,700 · Crescent Bank & Trust Co
Feb 23, 2007
$582,000
8185 Industrial Place LLC
Wild Blue Properties LLC
Grant Deed
—
—
—
1805 Grasslands Parkway LLC
—
Deed Of Trust
related
$499,268 · Citizens Bk/ga
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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