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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1050 Hammond Dr Sandy Springs, GA 30328-5329

    • Motels
    • 14,825 SF
    • 3.38 lot acres
    OFF-MARKET
    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    8.4%
    Motels
    Location Intelligence
    Property ID
    US22-0874690
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 1050 Hammond Dr

    Year built
    1997
    Construction
    WOOD
    Lot size
    3.38 lot acres
    Property size
    14,825 SF
    Zone code
    OICON
    Property type
    Motels
    APN
    17 0018 LL0930
    APU
    170018LL0930

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $695,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $970,000
      6.5%
      $895,000
      7%
      $830,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $671,000
      Market price range: $101k - $993k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Springs
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3537
    Latitude
    33.9205
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,985
    $1,368,920
    $554,520
    $1,923,440
    -
    $3,422,300
    $1,386,300
    $4,808,600

    Comparable in this City

    • Value Estimation
      $2,425,000
      42,073 SF

      6330 Peachtree Dunwoody Rd

      MOTEL • 42,073 SF
      6330 Peachtree Dunwoody Rd, Atlanta, GA 30328-4550
      View Details
    • Value Estimation
      $2,165,000
      69,334 SF

      6110 Peachtree Dunwoody Rd

      MOTEL • 69,334 SF
      6110 Peachtree Dunwoody Rd, Sandy Springs, GA 30328-4523
      View Details
    • Value Estimation
      $2,735,000
      85,920 SF

      1005 Crestline Pkwy

      MOTEL • 85,920 SF
      1005 Crestline Pkwy, Atlanta, GA 30328-6013
      View Details
    • Value Estimation
      $3,965,000
      73,526 SF

      765 Hammond Dr

      MOTEL • 73,526 SF
      765 Hammond Dr, Sandy Springs, GA 30328-6118
      View Details
    • Value Estimation by Request
      70,072 SF

      769 Hammond Dr

      MOTEL • 70,072 SF
      769 Hammond Dr, Sandy Springs, GA 30328-6118
      View Details
    • Value Estimation
      $2,095,000
      34,634 SF

      6280 Peachtree Dunwoody Rd

      MOTEL • 34,634 SF
      6280 Peachtree Dunwoody Rd, Atlanta, GA 30328-4525
      View Details

    Similar Nearby for Sale

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      2,598 SF

      Lakeview Townhome in Sandy Springs

      Desirable 4-bedroom townhome with lake views and designer upgrades.
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      1.25 Acres

      Prime Sandy Springs Industrial Land

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      Specialty Property For Sale

      Specialty property available for purchase in Sandy Springs, Georgia.
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    • $665,000
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      Luxurious Townhome in Aria North

      Stylish, comfortable, and convenient townhome in a vibrant, walkable neighborhood.
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    • $1,599,999
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      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious neighborhood, ideal for custom estate.
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      Exceptional 2.5+ acre lot in Sandy Springs' elite neighborhood.
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    Similar Nearby for Lease

    • $26 SF/Yr
      107,160 SF

      Palisades Executive Office Suites

      Central Perimeter, Move-in Ready Offices
      5901 Peachtree Dunwoody Rd, Sandy Springs, GA 30328
      View Details
    • $38 SF/Yr
      76,630 SF

      Sandy Springs Office Space for Lease

      Prime Sandy Springs location, multiple suites available.
      5 Concourse Pkwy, Sandy Springs, GA 30328
      View Details
    • Contact for pricing
      4,624 SF

      Roswell Road Restaurant Opportunity

      Sandy Springs restaurant, 4,624 sq ft.
      6390 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • Contact for pricing
      5,000 SF

      Accessible Office Space in Sandy Springs

      Strategically located office space with on-site and nearby amenities.
      6065 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • Contact for pricing
      2,806 SF

      Retail Space on Peachtree Dunwoody

      Retail space available for rent in Atlanta, GA.
      6115 Peachtree Dunwoody Rd, Atlanta, GA 30328
      View Details
    • $26 SF/Yr
      107,160 SF

      Central Perimeter Office Space Available

      Move-in ready and customizable office space in a desirable campus.
      5901 Peachtree Dunwoody Rd NE, Atlanta, GA 30328
      View Details
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    1050 Hammond Dr
    Sandy Springs, GA 30328-5329
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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