Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    208 Sandy Spgs Pl Sandy Springs, GA 30328-3812
    Back to Search
    Property profile & analytics

    208 Sandy Spgs Pl, Sandy Springs, GA 30328-3812

    View on Map
    • Commercial land
    • 4,880 SF
    • 0.64 lot acres
    Off-Market
    Last Sale Jul 31, 2024
    Property ID
    US22-1532073
    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.
    Value Estimations
    $1,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 208 Sandy Spgs Pl

    Year built
    1968
    Lot size
    0.64 lot acres
    Zone code
    C1C
    Property type
    Commercial land
    APN
    17 008900080802
    APU
    17008900080802

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2024 — Sandylth LLC Summit Springs Holdings LLC Warranty Deed —
    May 10, 2022 — Summit Springs Holdings LLC Edgeline LLC Warranty Deed $3.2M · Plymouth Funding
    Jul 19, 2019 — Edgeline LLC Sandy Springs Executive Ctr Ll Quit Claim Deed · related —
    Jul 19, 2019 $1,600,000 Edgeline LLC Sandy Springs Executive Ctr Ll Grant Deed $1.5M · Steven Youngelson
    May 29, 2008 $784,000 Sandy Springs Executive Center Dawg Days Cattle Co LLC Grant Deed —
    May 27, 2003 $400,000 Dawg Days Cattle Co LLC Lavender,c Todd Warranty Deed · related —
    Jan 31, 2003 — Clinton T Lavender North Atlanta Animal Medical INC Warranty Deed · related $276k · Bank Of North Ga

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,075,000
      6.5%
      $990,000
      7%
      $920,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $777,000
      Market price range: $318k - $824k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,370,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,330,000
      Change: -3% Conversion: Difficult
      MEDICAL BUILDING
      $1,325,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,240,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Springs
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3802
    Latitude
    33.9205
    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
    $13,817
    $489,520
    $0.00
    $489,520
    -
    $1,223,800
    $0.00
    $1,223,800

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      Roswell NE Rd

      VACANT COMMERCIAL LAND
      Roswell NE Rd, Atlanta, GA 30328
      View Details
    • Value Estimation by Request
      10.32 Acres

      6205 Peachtree Dunwoody Rd

      VACANT COMMERCIAL LAND
      6205 Peachtree Dunwoody Rd, Atlanta, GA 30328-4524
      View Details
    • Value Estimation
      $755,000
      0.24 Acres

      Johnson Fry Rd

      VACANT COMMERCIAL LAND
      Johnson Fry Rd, Atlanta, GA 30328
      View Details
    • Value Estimation by Request
      2.81 Acres

      Interstate N Pkwy

      VACANT COMMERCIAL LAND
      Interstate N Pkwy, Atlanta, GA 30328
      View Details
    • Value Estimation by Request
      1.38 Acres

      769 Hammond Dr

      VACANT COMMERCIAL LAND
      769 Hammond Dr, Sandy Springs, GA 30328-6118
      View Details
    • Value Estimation by Request
      2.18 Acres

      Lk Forrest Dr

      VACANT COMMERCIAL LAND
      Lk Forrest Dr, Atlanta, GA 30328
      View Details

    Similar Nearby for Sale

    • $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious neighborhood, ideal for custom estate.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details
    • $3,000,000

      Land in Sandy Springs

      Land available in Sandy Springs, Georgia.
      6340 Aberdeen Dr NE, Sandy Springs, GA 30328
      View Details
    • $979,000

      Land Available in Sandy Springs

      Land for sale in Fulton County, Sandy Springs, Georgia.
      6500 Powers Ferry Rd, Sandy Springs, GA 30328
      View Details
    • New
      $3,000,000
      0.71 Acres

      Custom Home Opportunity in Sandy Springs

      Build a custom luxury residence in a desirable Sandy Springs location.
      6340 Aberdeen Dr NE, Sandy Springs, GA 30328
      View Details
    • $1,599,999
      2.58 Acres

      Prime Residential Lot in Atlanta

      Exceptional 2.5+ acre lot in Sandy Springs' elite neighborhood.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details
    • $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious Atlanta neighborhood.
      700 Heards Ferry Rd, Atlanta, GA 30328
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Space Atlanta

      Class A office building with premium commercial space for lease.
      990 Hammond Dr, Atlanta, GA 30328
      View Details
    • Contact for pricing

      Peachtree Dunwoody Specialty Property

      Specialty property for rent in park-like setting near amenities.
      6600 Peachtree Dunwoody Rd, Atlanta, GA 30328
      View Details
    • Contact for pricing
      3,212 SF

      Office Space Near MARTA Station

      Office space with fitness center and direct MARTA access.
      1200 Abernathy Rd, Atlanta, GA 30328
      View Details
    • Contact for pricing

      Sandy Springs Restaurant/Retail Opportunity

      Former restaurant space available in Sandy Springs commercial district.
      6010 Sandy Springs Cir, Sandy Springs, GA 30328
      View Details
    • $27 SF/Yr

      Sandy Springs Office Space Available

      Professional office space in central Perimeter location with easy access.
      6065 Barfield Rd, Atlanta, GA 30328
      View Details
    • Contact for pricing
      32,208 SF

      Shell Condition Medical Space Available

      First generation medical space for lease with aggressive terms.
      5883 Glenridge Dr NE, Atlanta, GA 30328
      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.
    208 Sandy Spgs Pl
    Sandy Springs, GA 30328-3812
    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

    Thank You for Inquiry
    208 Sandy Spgs Pl, Sandy Springs, GA, 30328
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!