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    Property profile & analytics

    11650 Johns Crk Pkwy Johns Creek, GA 30097

    • Office buildings
    • 132,795 SF
    • 10.44 lot acres
    OFF-MARKET
    Last Sale
    Dec 11, 2024
    Value Estimations
    $25,255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3685316
    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

    • Office buildings

    Property Details for 11650 Johns Crk Pkwy

    Year built
    1999
    Lot size
    10.44 lot acres
    Property size
    132,795 SF
    Property type
    Office buildings
    APN
    11 106003990399
    APU
    11106003990399

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $31,615,000
      6.5%
      $29,180,000
      7%
      $27,095,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $15,874,000
      Market price range: $11.3M - $42.0M

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

    Location Insight

    • Map
    • Local Demand
    City
    Johns Creek
    County
    Fulton
    State
    Georgia
    Longitude
    -84.1632
    Latitude
    34.0628
    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
    $151,291
    $1,131,840
    $4,228,160
    $5,360,000
    -
    $2,829,600
    $10,570,400
    $13,400,000

    Comparable in this City

    • Value Estimation
      $19,915,000
      98,403 SF

      6455 Johns Xing

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 98,403 SF
      6455 Johns Xing, Johns Creek, GA 30097-1567
      View Details
    • Value Estimation by Request
      1,140 SF

      3883 Rogers Brg Rd Ste 403b

      OFFICE BUILDING • 1,140 SF
      3883 Rogers Brg Rd Ste 403b, Duluth, GA 30097-2810
      View Details
    • Value Estimation by Request
      1,140 SF

      3883 Rogers Brg Rd Ste, Unit 503

      OFFICE BUILDING • 1,140 SF
      3883 Rogers Brg Rd Ste, Duluth, GA 30097-2849
      View Details
    • Value Estimation
      $895,000
      1,140 SF

      3883 Rogers Brg Rd Ste, Unit 703

      OFFICE BUILDING • 1,140 SF
      3883 Rogers Brg Rd Ste, Duluth, GA 30097-2849
      View Details
    • Value Estimation
      $1,245,000
      8,036 SF

      6610 Mcginnis Fry Rd

      OFFICE BUILDING (MULTI-STORY) • 8,036 SF
      6610 Mcginnis Fry Rd, Johns Creek, GA 30097-3524
      View Details
    • Value Estimation
      $990,000
      6,000 SF

      11255 Parsons Rd, Unit 100

      OFFICE BUILDING (MULTI-STORY) • 6,000 SF
      11255 Parsons Rd, Duluth, GA 30097-1703
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Space in a prestigious mixed-use community in Duluth, Georgia.
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    • $1,150,000
      4,728 SF

      Versatile Flex Space Investment Opportunity

      Flex/industrial condo with office and warehouse space in Duluth.
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      39,346 SF

      Medical/Professional Office Space Available

      Office space in Duluth, near Emory Johns Creek Hospital.
      10680 Medlock Bridge Rd, Duluth, GA 30097
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    • $285,000

      Duluth Office Condo: Prime Investment

      High-Demand Office Condo, Steady Income
      3883 Rogers Bridge Rd, Duluth, GA 30097
      View Details
    • $1,150,000
      4,728 SF

      Versatile Flex Space Investment Opportunity

      Flex/industrial condo with office and warehouse space in Duluth, GA.
      3766 Peachtree Crest Dr, Duluth, GA 30097
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    • Contact for pricing
      871.00 Acres

      Prime Duluth Retail Space

      High-traffic location, 871 acres.
      2820 Peachtree Industrial Blvd, Duluth, GA 30097
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      35,474 SF

      Single Story Office Park

      Two-building office park near Satellite Blvd and Sugarloaf Parkway.
      1855 Satellite Blvd, Duluth, GA 30097
      View Details
    • $18 SF/Yr
      7,871 SF

      John's Creek Office Building

      7,871 SF building near Emory Johns Creek Hospital.
      6610 Mcginnis Ferry Rd, Duluth, GA 30097
      View Details
    • Contact for pricing
      24,262 SF

      Office Space Near Infinite Energy

      Office building near Infinite Energy Centre and Revel development.
      2736 Meadow Church Rd, Duluth, GA 30097
      View Details
    • Contact for pricing
      13,402 SF

      Two-Building Office Campus

      Energy Star certified office buildings with modern campus feel.
      2915 Premiere Pkwy, Duluth, GA 30097
      View Details
    • $15 SF/Yr
      35,474 SF

      Single Story Office Park

      Two-building office park near Satellite Blvd and Sugarloaf Parkway.
      1845 Satellite Blvd, Duluth, GA 30097
      View Details
    • Contact for pricing
      28,042 SF

      Two-Building Office Campus

      Energy Star certified office buildings with modern finishes and amenities.
      2905 Premiere Pkwy, Duluth, GA 30097
      View Details
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    11650 Johns Crk Pkwy
    Johns Creek, GA 30097
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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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