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Property profile & analytics
OFF-MARKET
Estimated value
$4,900,000
Day care centers
9450 Nesbit Fry Rd, Alpharetta, GA 30022
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1232414
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1989
Construction
STEEL FRAME
Total area
10,080 SF
Lot
2.26 ac (98,446 SF)
Zoning code
OI
APN
12 292007850769
UPID
US22-1232414
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.90M
Owner & transaction history
Ha Nesbit LLC · 1 yrs held
Ha Nesbit LLC
since 2024
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
OI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.0M
+197.9%
Restaurant
$5.4M
+130.7%
Commercial (general)
$3.6M
+52.5%
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
$4,900,000
ML approach
$4,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,995,000
Change: +198% · Conversion: Difficult
RESTAURANT
$5,415,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,580,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,310,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$3,150,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$3,130,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$4.90M
Range $4.41M – $5.39M · ±10% · vs last sale $4.90M (Dec 17 2024)
Last sale anchor
$4.90M
Dec 17 2024
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
$486 / 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
Tax billed
$23,868
Tax year 2023
Assessed value
$845,600
Assessed 2023
Previous assessed
$653,240
+29.4% YoY
Effective rate
2.82%
On assessed value
Assessed land
$406,800
Assessed improvement
$438,800
Land market value
$1,017,000
Improvement market value
$1,097,000
Total market value
$2,114,000
Applied tax rate
45.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
10,080 SF
Lot
2.26 ac (98,446 SF)
Zoning code
OI
APN
12 292007850769
UPID
US22-1232414
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
RESTAURANT
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
RETAIL STORES
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1989
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Ha Nesbit LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1695 12TH MILE RD STE #100, BERKLEY, MI 48072-2100
Ownership since
2024
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
Dec 17, 2024
$4,900,000
Ha Nesbit LLC
Eig14t Pri Ga Alpharetta LLC
Warranty Deed
—
Aug 22, 2023
—
Eigh14t Pri Ga Alpharetta LLC
—
Deed
related
$2,900,000 · Wells Fargo
Jul 1, 2022
—
Eigh14t Pri Ga Alpharetta LLC
Childrens Ark Learning Center INC
Warranty Deed
—
Jul 1, 2022
$2,200,000
Eigh14t Pri Ga Alpharetta LLC
Childrens Ark Learning Center INC
Warranty Deed
$2,844,010 · First National Bank Of Omaha
Oct 24, 2006
$1,695,000
Childrens,ark Learning Center
Yoos Enterprises INC
Grant Deed
—
Oct 24, 2006
—
Childrens,ark Learning Center
Yoos Enterprises INC
Grant Deed
related
—
May 5, 1998
$1,396,500
Yoos Enterprises Incorporated
Tessaro,edward A|tessaro,judith
Warranty Deed
related
$1,200,000 · Summit Nat'l Bk
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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