Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1302 Abbey Ct Alpharetta, GA 30004-6012

    • Office Properties & Spaces
    • 1,130 SF
    • 0.03 lot acres
    OFF-MARKET
    Last Sale
    Jul 28, 2021
    $325,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0478310
    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

    • Edward Jones - Financial Advisor: Philip Downing / Financial Advisor
    • Edward Jones - Financial Advisor: Mike Breit, CFP®|CRPC™ / Financial Advisor

    Property Details for 1302 Abbey Ct

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.03 lot acres
    Property size
    1,130 SF
    Zone code
    OI
    Property type
    Office Properties & Spaces
    APN
    22 386011670731
    APU
    22386011670731

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3565
    Latitude
    34.087
    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
    $2,033
    $28,080
    $43,960
    $72,040
    -
    $70,200
    $109,900
    $180,100

    Comparable in this City

    • Value Estimation by Request

      6110 Mcfarland Sta

      Office Properties & Spaces
      6110 Mcfarland Sta, Alpharetta, GA 30004
      View Details
    • Value Estimation by Request
      0.03 Acres

      6096 Atlanta Hwy

      CONDOMINIUM OFFICES • 0.03 Acres
      6096 Atlanta Hwy, Alpharetta, GA 30004-3378
      View Details
    • Value Estimation by Request
      1,250 SF

      13680 Hwy 9th N

      CONDOMINIUM OFFICES • 1,250 SF
      13680 Hwy 9th N, Milton, GA 30004-5243
      View Details
    • Value Estimation by Request
      1,250 SF

      13680 Hwy 9th N

      CONDOMINIUM OFFICES • 1,250 SF
      13680 Hwy 9th N, Milton, GA 30004-5243
      View Details
    • Value Estimation by Request
      1,212 SF

      1815 Lockeway Dr

      CONDOMINIUM OFFICES • 1,212 SF
      1815 Lockeway Dr, Alpharetta, GA 30004-5929
      View Details
    • Value Estimation
      $1,040,000
      7,802 SF

      1855 Lockeway Dr

      CONDOMINIUM OFFICES • 7,802 SF
      1855 Lockeway Dr, Alpharetta, GA 30004-5937
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,897 SF

      Alpharetta Executive Office Building

      12,897 SF Office, Prime Location
      1350 Bluegrass Lakes Pkwy, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      4.56 Acres

      Alpharetta Office Space for Lease

      Prime Alpharetta Office, 4.56 Acres
      1740 Grassland Pkwy, Alpharetta, GA 30004
      View Details
    • $1,200,000
      1.90 Acres

      Prime Milton Commercial Land

      High-visibility 1.9-acre lot, zoned T4.
      0 Cor Of Hwy 9, Milton, GA 30004
      View Details
    • $680,000
      2,200 SF

      Alpharetta Office Condo - $680K

      Modern Executive Office Space, Move-In Ready
      6110 Mcfarland Station Dr, Alpharetta, GA 30004
      View Details
    • $1,000,000
      2,656 SF

      15800 Birmingham Hwy

      Office space • 2,656 SF
      15800 Birmingham Hwy, Milton, GA 30004
      View Details
    • Contact for pricing
      0.01 Acres

      Alpharetta Office Condo for Lease

      Modern Office Suite, Prime Location
      6110 Mcfarland Sta, Alpharetta, GA 30004
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      67,207 SF

      Deerfield Flex Space: Building 200

      Modern Fulton County Flex Space, Ideal for Businesses
      13000 Deerfield Pkwy, Milton, GA 30004
      View Details
    • Contact for pricing
      36,840 SF

      Alpharetta Flex Space - Union Hill Rd

      Prime Flex/Warehouse Space Available
      1005 Union Hill Rd, Alpharetta, GA 30004
      View Details
    • $17 SF/Yr
      73,265 SF

      Alpharetta Office Space Available

      Prime location, multiple suites, 20,000-73,265 sq ft.
      2575 Westside Pkwy, Alpharetta, GA 30004
      View Details
    • $15 SF/Yr
      17,409 SF

      Alpharetta Executive Office Space

      Prime Alpharetta Office, 5,000-17,409 SF
      2555 Westside Pkwy, Alpharetta, GA 30004
      View Details
    • $6 SF/Yr
      33,500 SF

      Alpharetta Office/Warehouse Space

      Flexible Suites, Prime Location, Forsyth County
      4255 Trotters Way, Alpharetta, GA 30004
      View Details
    • Contact for pricing
      500 SF

      Alpharetta Executive Office Suites

      Class A Office Space, Alpharetta, GA
      13010 Morris Rd, Alpharetta, GA 30004
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1302 Abbey Ct
    Alpharetta, GA 30004-6012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.