Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    216 Rope Ml Rd Woodstock, GA 30188-2600
    Back to Search
    Property profile & analytics

    216 Rope Ml Rd, Woodstock, GA 30188-2600

    View on Map
    • Specialty properties
    • 4,500 SF
    • 2.00 lot acres
    Off-Market
    Last Sale Jul 31, 2024
    $1,950,000
    Property ID
    US22-1833944
    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
    $1,950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 216 Rope Ml Rd

    Year built
    1980
    Construction
    CONCRETE BLOCKS
    Lot size
    2.00 lot acres
    Zone code
    DT-RO
    Property type
    Specialty properties
    APN
    92N04 001 A
    APU
    92N04001A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 18, 2025 — Adair Park West LLC — Deed · related $3M · Brora 0618
    Jul 31, 2024 $1,950,000 Adair Park West LLC 216 Investment Group LLC Warranty Deed $2M · Southern Development Partners
    Jul 31, 2024 — Adair Park West LLC 216 Investment Group LLC Quit Claim Deed · related —
    Jun 1, 2023 $600,000 216 Investment Group LLC Camp Dream Foundation INC Warranty Deed —
    Oct 23, 2019 — Woodstock Jaycees Foun INC Camp Dream Foundation INC Grant Deed · related —
    Jun 14, 2018 — Camp Dream Foundation INC Woodstock Jaycees Foun INC Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,950,000
      ML approach
      $1,950,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,990,000
      Market price range: $572k - $1.99M

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.5204
    Latitude
    34.1073
    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
    $0.00
    $261,360
    $71,356
    $332,716
    -
    $653,400
    $178,390
    $831,790

    Comparable in this City

    • Value Estimation by Request
      840 SF

      Cornerstone Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Cornerstone Cir, Woodstock, GA 30188
      View Details
    • Value Estimation by Request
      801 SF

      2025 Crestview Way

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2025 Crestview Way, Woodstock, GA 30188-7103
      View Details
    • Value Estimation by Request
      640 SF

      106 Fox Crk Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS
      106 Fox Crk Dr, Woodstock, GA 30188
      View Details
    • Value Estimation by Request
      517 SF

      138 Sierra Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS
      138 Sierra Cir, Woodstock, GA 30188
      View Details
    • Value Estimation by Request
      576 SF

      511 Osprey Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS
      511 Osprey Ln, Woodstock, GA 30188
      View Details
    • Value Estimation by Request
      1,230 SF

      Payne Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Payne Dr, Woodstock, GA 30188
      View Details

    Similar Nearby for Sale

    • $350,000

      Commercial Property in Cherokee County

      Commercial property for sale in Cherokee County, Georgia.
      3221 S Cherokee Ln, Woodstock, GA 30188
      View Details
    • New
      $765,000
      4,299 SF

      Charming Home in Bradshaw Farm

      Southern elegance meets outdoor living in Woodstock's Bradshaw Farm.
      1024 Avery Creek Dr, Woodstock, GA 30188
      View Details
    • Contact for pricing
      1,604 SF

      NNN Leased Dutch Bros Coffee

      New 15-year NNN lease with rent escalations.
      11960 Alabama Rd, Woodstock, GA 30188
      View Details
    • $6,936,000
      27.20 Acres

      27.2 Acres Prime Commercial Land

      Exceptional commercial development potential in fast-growing Cherokee County.
      643 N Rope Mill Rd, Woodstock, GA 30188
      View Details
    • Contact for pricing
      12,790 SF

      Class A Retail Center

      100% occupied retail center in Cherokee County.
      6760 Hickory Rd, Woodstock, GA 30188
      View Details
    • Contact for pricing
      2,027 SF

      Commercial Land in Growing Woodstock

      Commercial land for sale in a growing Woodstock location.
      648 N Rope Mill Rd, Woodstock, GA 30188
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Woodstock Commercial Space Available

      New 1,001 SF commercial space in Downtown Woodstock.
      60 Linton St, Woodstock, GA 30188
      View Details
    • Contact for pricing

      Retail Center on West Emory

      Retail suites available in Powell Place Shopping Center.
      9740 Main St, Woodstock, GA 30188
      View Details
    • Contact for pricing
      1,622 SF

      Woodstock Flex/Industrial Space Available

      Flex/industrial space available for lease in Woodstock, Georgia.
      329 Bell Park Dr, Woodstock, GA 30188
      View Details
    • Contact for pricing

      Professional Office Space in Woodstock

      Office space in professional setting with shared common area.
      145 Towne Lake Pkwy, Woodstock, GA 30188
      View Details
    • Contact for pricing

      Freestanding Restaurant with Drive Thru

      Freestanding restaurant with drive-thru available for sublease in Woodstock, GA.
      9775 Highway 92, Woodstock, GA 30188
      View Details
    • $8,500 /Mo
      20,473 SF

      Turn-Key Restaurant Space in Woodstock

      Fully renovated restaurant space in high-traffic Woodstock location for lease.
      9770 Main St, Woodstock, GA 30188
      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.
    216 Rope Ml Rd
    Woodstock, GA 30188-2600
    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
    216 Rope Ml Rd, Woodstock, GA, 30188
    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!