New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Auto shops
State Hwy Alpharetta, GA 30004
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US22-4441431
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2007
Total area
7,925 SF
Lot
1.08 ac (46,827 SF)
Zoning code
C2C
APN
22 527010480370
UPID
US22-4441431
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$2.00M
Owner & transaction history
Monro Muffler Brake INC · 11 yrs held
Monro Muffler Brake INC
since 2014
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C2C · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+21.9%
Neighborhood: shopping center
$2.6M
+12.7%
Retail stores
$2.5M
+7.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,310,000
Current use
COMMERCIAL (GENERAL)
$2,815,000
Change: +22% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,605,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$2,475,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$2,460,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $1.90M (Jul 24 2024)
Last sale anchor
$1.90M
Jul 24 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
$252 / 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
$14,233
Tax year 2023
Assessed value
$504,240
Assessed 2023
Previous assessed
$504,240
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$271,200
Assessed improvement
$233,040
Land market value
$678,000
Improvement market value
$582,600
Total market value
$1,260,600
Applied tax rate
56.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
7,925 SF
Lot
1.08 ac (46,827 SF)
Zoning code
C2C
APN
22 527010480370
UPID
US22-4441431
Jurisdiction
FULTON
Zoning & alternative use
C2C · Alpharetta, GA
Zoning C2C · permitted uses
C2C · 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
AUTO REPAIR, GARAGE Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE Current
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
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Monro Muffler Brake INC
Entity
Mailing address
200 HOLLEDER PKWY, ROCHESTER, NY 14615-3808
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2014
$1,266,500
Monro Muffler Brake INC
Joe Houdeshell Mgt LLC
Warranty Deed
—
Aug 20, 2012
—
Joe Houdeshell Mgt LLC
Milton Tire & Auto LLC
Quit Claim Deed
related
$980,500 · Cherokee Bank NA
Sep 28, 2011
—
Milton Tire & Auto LLC
—
Trustees Deed
related
$250,000 · Regions Bank
Jun 2, 2011
—
Milton Tire & Auto LLC
Regions Bk
Quit Claim Deed
related
—
Jan 30, 2009
—
Milton Tire And Auto LLC
Joe Houdeshell Mgt LLC
Grant Deed
related
—
May 8, 2008
—
Joe Houdeshell Mgt LLC
Milton Tire And Auto LLC
Grant Deed
related
—
Nov 9, 2006
—
Milton Tire & Auto LLC
Joseph S Houdeshell
Warranty Deed
$1,300,000 · Regions Bk
Nov 7, 2006
—
Milton Tire Auto LLC
Houdeshell,joseph S
Grant Deed
related
—
Sep 14, 2005
$621,500
Joseph S Houdeshell
Joanne M Roesner
Deed
$504,056 · Regions Bk
Apr 1, 2005
—
Roesner, Joanne M
Denahm, Thomas E
Quit Claim Deed
related
$520,000 · North Atlanta Nat'l Bk
—
—
Milton Tire & Auto LLC
—
Deed Of Trust
related
$100,053 · Regions Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own State Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
