Back to Search
Property profile & analytics
FOR LEASE
Office buildings
2002 Summit Blvd Northeast Atlanta, GA 30319
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4649709
For Lease
1 / 16
Contact for pricing
2002 Summit Blvd Northeast, Atlanta, GA 30319
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
449,080 SF
Lot
2.91 ac (126,585 SF)
Zoning code
X
APN
18 329 07 121
UPID
US22-4649709
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
-
Credit Building Academy LLC Consultant
-
eventspace.net Hotel & Motel Resort
-
C A (Bike/Boat/Book/etc) Store Corporate Office
-
Softtek Integration System Inc Consultant Professional Services
-
2002 Summit Blvd Garage Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$52.93M
Blend (final)
Blend
$53.38M
Owner & transaction history
Perimeter Summit 2 Owner LLC · 3 yrs held
Perimeter Summit 2 Owner LLC
since 2022
Last sale
$57.5M
2 recorded transactions
Zoning & alternative use
X · Brookhaven, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$45,595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$53.38M
Range $48.04M – $58.72M · ±10% · vs last sale $57.50M (Dec 20 2022)
Last sale anchor
$57.50M
Dec 20 2022
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
$119 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,042,288
Tax year 2024
Assessed value
$21,850,000
Assessed 2024
Previous assessed
$23,000,000
-5.0% YoY
Effective rate
4.77%
On assessed value
Assessed land
$1,311,000
Assessed improvement
$20,539,000
Land market value
$3,277,500
Improvement market value
$51,347,500
Total market value
$54,625,000
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
OFFICE BUILDING
Status
For Lease
Year built
2002
Heating
NONE
Cooling
YES
Buildings
2
Stories
17
Bathrooms
0
Total area
449,080 SF
Lot
2.91 ac (126,585 SF)
Zoning code
X
APN
18 329 07 121
UPID
US22-4649709
Jurisdiction
DE KALB
Zoning & alternative use
X · Brookhaven, GA
Zoning X · permitted uses
X · Brookhaven, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brookhaven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
17
Buildings
2
Bathrooms
0
Lot
2.91 ac
Current owner
From public records · entity-resolved
Perimeter Summit 2 Owner LLC
Entity
Mailing address
1 MARKET PLZ, SAN FRANCISCO, CA 94105-1313
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
$57,500,000
Perimeter Summit 2 Owner LLC
Perimeter Summit Parcel 2 Limited P
Warranty Deed
—
—
—
Summit Parcel 2 Perimeter
—
Deed Of Trust
related
$60,000,000 · Connecticut General Life Ins
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?”
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.
