Technical
Financial
Distress signals
Property profile

11675 Rainwater Dr Alpharetta, GA 30009

OFF-MARKET
Office buildings
Property ID
US22-1216065
154,644 SF 10.15 ac lot Built 2000
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Class A office space is located within a 258-acre mixed-use corporate campus in Alpharetta. The campus includes seven six-story office buildings totaling approximately 1.04 million square feet, with office space configured in efficient 25,000-square-foot floor plates. The campus provides access to GA-400, and one office space is described as having 5,246 square feet.

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

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Loan Service Bank
  • Big Box & Wholesale Store Building Supply
  • Corporate Office

Location

11675 Rainwater Dr Alpharetta, GA 30009-8684
Alpharetta metro Census 11639 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

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

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
Top alternative use upside
Commercial (general) $54.9M +35.5%
Neighborhood: shopping center $50.8M +25.3%
Retail stores $48.3M +19.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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