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Property profile & analytics
OFF-MARKET Estimated value $34,775,000
Office buildings

11675 Rainwater Dr Alpharetta, GA 30009-8684

154,644 SF 10.15 ac lot Built 2000
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US22-1216065
Property summary
AI-generated overview

Northwinds VI, located at 11675 Rainwater Drive in Alpharetta, Georgia, 30009, presents a significant opportunity for businesses seeking premium executive office space. This Class A building, constructed in 2000, boasts a total of 154,644 square feet across six stories, situated on an 8.5-acre lot within the desirable N Fulton/Forsyth County submarket of Fulton County. Currently, a substantial 74,198 square feet of office space is available for lease, perfect for a large organization or multiple tenants. The building offers ample parking with a ratio of 3.88 spaces per unit. The property's executive office subtype caters to businesses requiring a sophisticated and professional environment. Its location in Alpharetta provides easy access to major transportation routes and amenities. This is a multi-tenant building, offering flexibility for businesses of various sizes. The property's size and amenities make it an ideal location for companies seeking a prominent presence in the Alpharetta market. The building's modern design and prime location combine to create an exceptional workspace. Interested parties are encouraged to inquire about lease terms and availability for this substantial office space.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 2000
Total area 154,644 SF
Lot 10.15 ac (442,134 SF)
Zoning code OI
APN 12 271007460571
UPID US22-1216065
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
Current use
Occupant on record · Public records
  • Virtue CPAs & Advisors - Accounting, Tax & Advisory Services in Atlanta, USA | Accounting & Business Consulting Services Accounting Firm Tax Preparation
  • Amdocs (Bike/Boat/Book/etc) Store Corporate Office
  • Franklin American Mortgage Company Loan Service Bank
  • United States Gypsum Co Big Box & Wholesale Store Building Supply
  • PDI Technologies Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$33.99M
Comparable Approach Comparable
$48.53M
Blend (final) Blend
$34.78M
Owner & transaction history
F7 Nwo LLC · 9 yrs held
F7 Nwo LLC
since 2016
5 recorded transactions
2019
Price N/A
2016
$130.4M
2011
$110.0M
2001
$26.1M
1969
Price N/A
Zoning & alternative use
OI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $54.9M +35.5%
Neighborhood: shopping center $50.8M +25.3%
Retail stores $48.3M +19.2%
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