11675 Rainwater Dr Alpharetta, GA 30009
- Office buildings
- 154,644 SF
- 10.15 lot acres
Current Use by 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
Property Details for 11675 Rainwater Dr
- Year built
- 2000
- Lot size
- 10.15 lot acres
- Property size
- 154,644 SF
- Zone code
- OI
- Property type
- Office buildings
- APN
- 12 271007460571
- APU
- 12271007460571
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $36,815,000
- 6.5%
- $33,985,000
- 7%
- $31,555,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $48,532,000
- AI Estimate
- $21,812,000
Market price range: $18.4M - $59.5MMarket price range: $13.0M - $25.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $40,545,000 Current use
- COMMERCIAL (GENERAL)
- $54,930,000 Change: +35% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $50,815,000 Change: +25% Conversion: Difficult
- RETAIL STORES
- $48,315,000 Change: +19% Conversion: Moderate
- MEDICAL BUILDING
- $48,040,000 Change: +18% Conversion: Easy
- AUTO REPAIR, GARAGE
- $45,070,000 Change: +11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Alpharetta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.2902
- Latitude
- 34.0653
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA