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

    230 Sandy Spgs Pl Sandy Springs, GA 30328-3852

    • Garden apartment buildings
    • 3,168 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1769361
    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

    • Garden apartment buildings

    Property Details for 230 Sandy Spgs Pl

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    3,168 SF
    Zone code
    C1
    Property type
    Garden apartment buildings
    APN
    17 008900080752
    APU
    17008900080752

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $710,000
      6.5%
      $655,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $755,000
      Market price range: $646k - $5.81M

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Springs
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3801
    Latitude
    33.9211
    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
    $2,696
    $32,000
    $63,520
    $95,520
    -
    $80,000
    $158,800
    $238,800

    Comparable in this City

    • Value Estimation
      $13,670,000
      30,720 SF

      7150 Peachtree Dunwoody Rd

      GARDEN APT, COURT APT (5+ UNITS) • 30,720 SF
      7150 Peachtree Dunwoody Rd, Atlanta, GA 30328-5721
      View Details
    • Value Estimation
      $14,605,000
      38,556 SF

      7227 Peachtree Dunwoody Rd

      GARDEN APT, COURT APT (5+ UNITS) • 38,556 SF
      7227 Peachtree Dunwoody Rd, Atlanta, GA 30328-5735
      View Details
    • Value Estimation
      $17,810,000
      70,176 SF

      6871 Peachtree Dunwoody Rd

      GARDEN APT, COURT APT (5+ UNITS) • 70,176 SF
      6871 Peachtree Dunwoody Rd, Sandy Springs, GA 30328-1600
      View Details
    • Value Estimation by Request
      17,480 SF

      6925 Roswell Rd

      GARDEN APT, COURT APT (5+ UNITS) • 17,480 SF
      6925 Roswell Rd, Sandy Springs, GA 30328-2301
      View Details
    • Value Estimation
      $4,030,000
      3,122 SF

      800 Trowbridge Rd

      GARDEN APT, COURT APT (5+ UNITS) • 3,122 SF
      800 Trowbridge Rd, Sandy Springs, GA 30328
      View Details
    • Value Estimation
      $705,000
      3,168 SF

      220 Sandy Spgs Pl

      GARDEN APT, COURT APT (5+ UNITS) • 3,168 SF
      220 Sandy Spgs Pl, Sandy Springs, GA 30328-3851
      View Details

    Similar Nearby for Sale

    • $319,900
      1,107 SF

      Serrano Condo with Pool View

      Spacious 2-bedroom condo with modern amenities and convenient location.
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      View Details
    • $267,000
      0.03 Acres

      Spacious Condo in Sandy Springs

      Rare 3-bed, 2-bath condo with convenient location and community perks.
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    • $267,000
      0.03 Acres

      Spacious Condo in Sandy Springs

      Rare 3-bed, 2-bath condo with rentals allowed and lease purchase.
      6851 Roswell Rd, Atlanta, GA 30328
      View Details
    • $185,000

      Updated Condo Near Perimeter Mall

      Updated 2-bedroom condo in Sandy Springs near Perimeter Mall.
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      View Details
    • $665,000
      1,890 SF

      Luxurious Townhome in Aria North

      Stylish, comfortable, and convenient townhome in a vibrant, walkable neighborhood.
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    • $485,000
      2,598 SF

      Lakeview Townhome in Sandy Springs

      Desirable 4-bedroom townhome with lake views and designer upgrades.
      41 Basswood Cir, Sandy Springs, GA 30328
      View Details

    Similar Nearby for Lease

    • $1,699 /Mo
      1,040 SF

      Sandy Springs Condo with Utilities Included

      Stylish 2BR/2BA condo in gated community, utilities included.
      6900 Roswell Rd, Atlanta, GA 30328
      View Details
    • Contact for pricing

      Sandy Springs Mixed-Use Development Retail

      Retail/Restaurant space in new mixed-use development with apartments.
      6075 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • $2,540 /Mo

      Luxury Apartments in Sandy Springs

      Upscale apartments and townhomes in a vibrant Sandy Springs neighborhood.
      6400 Blue Stone Rd, Sandy Springs, GA 30328
      View Details
    • Contact for pricing

      Sandy Springs Retail Land Opportunity

      Prime 0.55-acre lot, build-to-suit potential.
      234 Hilderbrand Dr, Atlanta, GA 30328
      View Details
    • $2,595 /Mo
      700 SF

      Sandy Springs 55+ Condo for Rent

      Active adult living with included meals and amenities in Sandy Springs.
      475 Mount Vernon Hwy NE, Sandy Springs, GA 30328
      View Details
    • $38 SF/Yr
      262,059 SF

      King Tower Office Suites

      Sandy Springs, GA Office Space Available
      6 Concourse Pkwy, Sandy Springs, GA 30328
      View Details
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    230 Sandy Spgs Pl
    Sandy Springs, GA 30328-3852
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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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