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Property profile & analytics
OFF-MARKET
Estimated value
$74,465,000
Office buildings
115 Perimeter Walk Dunwoody, GA 30338
Entity Owned
19-yr Hold
Free & Clear
Property ID
US22-0980131
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
525,543 SF
Lot
12.52 ac (545,371 SF)
Zoning code
OCR
APN
18 349 06 027
UPID
US22-0980131
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
$80.76M
Blend (final)
Blend
$74.47M
Owner & transaction history
Rb Terraces LLC · 19 yrs held
Rb Terraces LLC
since 2007
2 recorded transactions
Zoning & alternative use
OCR · Dunwoody, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This Zoning District is Indented to provide for economic development within the city through redevelopment of parcels of land that have been used in the past for commercial and light industrial uses but that have become obsolete and now offer an opportunity for establishing new moderate intensity mixed use developments consisting of a combination of office,…
Zone name
Office Commercial Residential
General category
MIXED_USE
Zone area
61.84 ac
Source
Realmo
Top alternative use upside
Retail stores
$117.9M
+31.1%
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 Dunwoody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunwoody 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
OFFICE BUILDING
$89,890,000
Current use
RETAIL STORES
$117,875,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$74.47M
Range $67.02M – $81.91M · ±10%
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
$142 / 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
$1,421,794
Tax year 2024
Assessed value
$32,680,000
Assessed 2024
Previous assessed
$32,680,000
+0.0% YoY
Effective rate
4.35%
On assessed value
Assessed land
$4,902,000
Assessed improvement
$27,778,000
Land market value
$12,255,000
Improvement market value
$69,445,000
Total market value
$81,700,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Buildings
2
Stories
11
Total area
525,543 SF
Lot
12.52 ac (545,371 SF)
Zoning code
OCR
APN
18 349 06 027
UPID
US22-0980131
Jurisdiction
DE KALB
Zoning & alternative use
OCR · Dunwoody, GAZoning OCR · permitted uses
OCR · Dunwoody, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This Zoning District is Indented to provide for economic development within the city through redevelopment of parcels of land that have been used in the past for commercial and light industrial uses but that have become obsolete and now offer an opportunity for establishing new moderate intensity mixed use developments consisting of a combination of office, commercial and residential uses
Zone name
Office Commercial Residential
General category
MIXED_USE
Zone area
61.84 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$89.9M
RETAIL STORES
Est. value
$117.9M
OFFICE BUILDING Current
RETAIL STORES
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
1986
Heating
NONE
Cooling
Yes
Stories
11
Buildings
2
Lot
12.52 ac
Current owner
From public records · entity-resolved
Rb Terraces LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 450233, ATLANTA, GA 31145-0233
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2007
$130,400
Rb Terraces LLC
Ga Perimeter Center LLC
Grant Deed
—
Feb 23, 2006
—
Dekalb County
Ga-perimeter Center LLC
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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