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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    209 Perimeter Ctr NE Pkwy Atlanta, GA 30346-1301

    • Investment properties
    • 1.68 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2206477
    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

    • Investment properties

    Property Details for 209 Perimeter Ctr NE Pkwy

    Lot size
    1.68 lot acres
    Zone code
    OCR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    18 348 04 027
    APU
    1834804027

    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
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.3456
    Latitude
    33.9261
    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
    2024
    $65,423
    $1,461,880
    $0.00
    $1,461,880
    -
    $3,654,700
    $0.00
    $3,654,700

    Comparable in this City

    • Value Estimation by Request
      269,000 SF

      4500 Olde Perimeter Way

      Retail properties • 269,000 SF
      4500 Olde Perimeter Way, Dunwoody, GA 30346
      View Details
    • Value Estimation by Request
      0.23 Acres

      Perimeter Ctr

      VACANT COMMERCIAL LAND • 0.23 Acres
      Perimeter Ctr, Atlanta, GA 30346
      View Details
    • Value Estimation
      $15,015,000
      77,000 SF

      120 Perimeter W Ctr

      MINI-MALL • 77,000 SF
      120 Perimeter W Ctr, Atlanta, GA 30346-2201
      View Details
    • Value Estimation
      $1,620,000
      0.44 Acres

      52 Perimeter E Ctr

      VACANT COMMERCIAL LAND • 21,046 SF
      52 Perimeter E Ctr, Atlanta, GA 30346-2002
      View Details
    • Value Estimation
      $1,280,000
      489,875 SF

      1224 Hammond NE Dr

      OFFICE BUILDING • 489,875 SF
      1224 Hammond NE Dr, Atlanta, GA 30346-1537
      View Details
    • Value Estimation
      $7,625,000
      100,283 SF

      4665 Ashford Dunwoody NE Rd

      COMMERCIAL (GENERAL) • 100,283 SF
      4665 Ashford Dunwoody NE Rd, Dunwoody, GA 30346-1529
      View Details

    Similar Nearby for Sale

    • $360,000

      Luxury Condo in Perimeter/Dunwoody

      Top-floor corner unit with modern amenities and convenient location.
      11 Perimeter Ctr E, Atlanta, GA 30346
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    • $375,000

      Luxury Condo in Perimeter/Dunwoody

      Top-floor corner unit with treetop views and modern amenities.
      11 Perimeter Ctr E, Atlanta, GA 30346
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      Prime Location Development Opportunity

      Development site in Atlanta's #1 office market.
      Ashford Dunwoody Rd & Perimeter Ctr N, Dunwoody, GA 30346
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    • Contact for pricing

      Dunwoody Office Building For Sale

      6,000 SF office building in Atlanta's #1 office market.
      4681 Ashford Dunwoody Rd, Dunwoody, GA 30346
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      269,000 SF

      Dunwoody Retail Space For Lease

      Prime Dunwoody retail space, multiple units available.
      4500 Olde Perimeter Way, Dunwoody, GA 30346
      View Details
    • $22 SF/Yr
      18,181 SF

      Sterling Pointe Office Space

      Prime Perimeter location, flexible options.
      303 Perimeter Center Pkwy, Dunwoody, GA 30346
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    • $26 SF/Yr
      533,404 SF

      Executive Suites, Atlanta Perimeter

      Class A Office Space, 25,000+ SF Available
      115 Perimeter Center Pkwy, Atlanta, GA 30346
      View Details
    • Contact for pricing

      Prime Land Near Perimeter Mall

      1.2-acre mixed-use opportunity across from Perimeter Mall.
      84 Perimeter Center Pkwy East, Atlanta, GA 30346
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      Perimeter Center Parkway Retail Opportunity

      Retail/restaurant space in mixed-use development near State Farm campus.
      245 Perimeter Center Pkwy, Atlanta, GA 30346
      View Details
    • Contact for pricing
      88,000 SF

      Atlanta Data Center for Lease

      88,000 SF data center with 10 MW power available.
      40 Perimeter Ctr E, Atlanta, GA 30346
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    Atlanta, GA 30346-1301
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    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
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