New search
Property profile & analytics
OFF-MARKET
Estimated value
$14,525,000
Office buildings
200 Glenridge Pt Pkwy, Sandy Springs, GA 30342-1449
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-0796755
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1970
Total area
92,082 SF
Lot
0.9 ac (39,291 SF)
Zoning code
OIC
APN
17 0038 LL1439
UPID
US22-0796755
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.24M
Comparable Approach
Comparable
$20.32M
Blend (final)
Blend
$14.53M
Owner & transaction history
Glenridge Lifehouse Spe LLC · 8 yrs held
Glenridge Lifehouse Spe LLC
since 2018
Last sale
$14.0M
7 recorded transactions
Zoning & alternative use
OIC · Sandy Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sandy Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,645,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,920,000
6.5%
$20,235,000
7%
$18,790,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$23,380,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$14.53M
Range $13.07M – $15.98M · ±10% · vs last sale $14.00M (Jan 16 2025)
Last sale anchor
$14.00M
Jan 16 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$158 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$150,832
Tax year 2023
Assessed value
$4,680,440
Assessed 2023
Previous assessed
$4,680,440
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$171,200
Assessed improvement
$4,509,240
Land market value
$428,000
Improvement market value
$11,273,100
Total market value
$11,701,100
Applied tax rate
59.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
92,082 SF
Lot
0.9 ac (39,291 SF)
Zoning code
OIC
APN
17 0038 LL1439
UPID
US22-0796755
Jurisdiction
FULTON
Zoning & alternative use
OIC · Sandy Springs, GA
Zoning OIC · permitted uses
OIC · Sandy Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$23.4M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Glenridge Lifehouse Spe LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1114 AVE OF THE AMERICAS FL, NEW YORK, NY 10036-7703
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2018
—
Glenridge Lifehouse Spe LLC
Pln Glenridge Point LP
Quit Claim Deed
related
—
May 25, 2018
$471,000
Glenridge Pt Ground Owner LLC
Glenridge Lifehouse Spe LLC
Grant Deed
related
—
Jun 23, 2015
—
Pln Glenridge Point LP
Highwoods Kc Glenridge Office
Quit Claim Deed
related
—
Jun 23, 2015
$14,000,000
Pln Glenridge Point LP
Highwoods Kc Glenridge Office
Grant Deed
—
—
—
Glenridge Pt Ground Owner LLC
—
Deed Of Trust
related
$79,193 · Miscellaneous Ins Co
—
—
Glenridge Lifehope Spe LLC
—
Deed Of Trust
related
$23,000,000 · Iberiabank
—
—
Pln Glenridge Point LP
—
Loan Modification
related
$21,100,740 · Compass Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 Glenridge Pt Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
