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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Commercial land
Mcfarland Pkwy Alpharetta, GA 30005
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1763116
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1990
Lot
19.49 ac (848,984 SF)
Zoning code
MP
APN
065 007
UPID
US22-1763116
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
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Cl Rp Halcyon 3 LLC · 2 yrs held
Cl Rp Halcyon 3 LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
MP · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Apr 30 2024)
Last sale anchor
$2.00M
Apr 30 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
—
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
$26,180
Tax year 2024
Assessed value
$886,796
Assessed 2024
Previous assessed
$1,409,100
-37.1% YoY
Effective rate
2.95%
On assessed value
Assessed land
$886,796
Land market value
$2,216,990
Total market value
$2,216,990
Applied tax rate
3.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
1
Bathrooms
0
Lot
19.49 ac (848,984 SF)
Zoning code
MP
APN
065 007
UPID
US22-1763116
Jurisdiction
FORSYTH
Zoning & alternative use
MP · Alpharetta, GA
Zoning MP · permitted uses
MP · 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.
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
19.49 ac
Current owner
From public records · entity-resolved
Cl Rp Halcyon 3 LLC
Entity
Mailing address
MCFARLAND, ALPHARETTA, GA 30005
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
Cl Rp Halcyon 3 LLC
Cl Rp Halcyon 3 LLC
Warranty Deed
related
—
Sep 7, 2023
$2,000,000
Cl Rp Halcyon 3 LLC
Cl Rp Mcfarland LLC
Warranty Deed
$7,013,300 · Paramount Development Finance Partn
Aug 8, 2022
$630,000
Cameron Petrovich
Jeremiah D Cady
Limited Warranty Deed
—
Jun 27, 2022
$706,924
Divya Subir Kacholia
Ea Homes Assets LP
Limited Warranty Deed
$625,000 · Homebridge Financial Services
Jun 21, 2022
$578,675
Daniel James Fiechter
Ea Homes LP
Warranty Deed
$462,940 · Primary Residential Mortgage
Sep 3, 2021
$1,451,764
Ea Homes LP
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Jun 14, 2021
$1,845,417
Ea Homes LP
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Jun 9, 2021
$451,657
Bingyuan Pang
Ea Homes LP
Limited Warranty Deed
—
Mar 29, 2021
$508,000
Robert E Braithwaite
Curtis James Sloyer
Limited Warranty Deed
$482,600 · Reliance First Capital
Mar 10, 2021
$1,897,919
Ea Homes LP
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Mar 5, 2021
$1,038,390
Mh Halcyon LLC
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Feb 24, 2021
—
Jennifer K White
George Joseph White
Limited Warranty Deed
—
Jan 27, 2021
$755,900
Brian Darnell
Ea Homes LP
Grant Deed
—
Jan 27, 2021
$481,200
Ilan Oshri
Ea Homes Assets LP
Grant Deed
—
Jan 8, 2021
$319,900
Ea Homes LP
Cl-rp Mcfarland LLC
Grant Deed
—
Jan 8, 2021
$810,400
Ea Homes Assets LP
Cl-rp Mcfarland LLC
Grant Deed
—
Jan 6, 2021
—
Bink11 LLC
Brett Binkley
Quit Claim Deed
related
—
Oct 15, 2020
—
Ea Homes Assets LP
—
Deed Of Trust
related
$1,076,050 · Renasant Bk
Oct 7, 2020
$405,174
Ea Home Assets LP
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Oct 7, 2020
$319,900
Ea Homes Assets LP
Cl-rp Mcfarland LLC
Grant Deed
—
Jun 16, 2020
$399,614
Ea Homes Assets LP
Cl Rp Mcfarland LLC
Limited Warranty Deed
—
Jun 16, 2020
$157,800
Ea Homes LP
Cl-rp Mcfarland LLC
Grant Deed
—
Jun 2, 2020
—
Ea Homes LP
Renasant Bk
Quit Claim Deed
related
—
May 28, 2020
—
Ea Homes LP
—
Deed Of Trust
related
$356,378 · Renasant Bk
Feb 28, 2020
—
Renasant Bk
Ea Homes LP
Quit Claim Deed
related
—
Jan 24, 2020
—
Ea Homes LP
Renasant Bk
Quit Claim Deed
related
—
Jan 22, 2020
—
Ea Homes LP
—
Deed Of Trust
related
$376,500 · Renasant Bk
Jan 13, 2020
—
Ea Homes LP
—
Deed Of Trust
related
$1,212,600 · Renasant Bk
Sep 13, 2019
—
Gt Rp Halcyon LLC
—
Loan Modification
related
$61,138,945 · Us Bk
May 22, 2018
$9,095,000
Gt Rp Halcyon LLC
Cl-rp Mcfarland LLC
Grant Deed
—
Sep 17, 2012
$5,792,500
Reagan Big Creek LLC
Tharaldson Ethanol Plant I LLC
Grant Deed
—
Oct 1, 2008
—
Tharaldson Motels Of Las Vegas
Owner Name Unavailable
Grant Deed
related
—
May 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Feb 25, 2008
—
Forsyth County
Tharaldson Motels II Of La
Grant Deed
related
—
Oct 19, 2006
$15,862,200
Tharaldson Motels
Highwoods Svcs INC
Grant Deed
—
Oct 19, 2006
$22,408,128
Tharaldson Motels
Highwoods Svcs INC
Grant Deed
—
May 19, 2006
$1,275,000
Highwoods Svcs INC
Straight,level Ventures Ll
Grant Deed
—
May 19, 2006
—
Highwoods Svcs INC
Straight & Level Ventures
Grant Deed
related
—
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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