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Property profile & analytics
FOR SALE
Office buildings
235 Peachtree St NE Atlanta, GA 30303
Trust Owned
3-yr Hold
Free & Clear
Property ID
US22-1658968
For Sale
Contact for pricing
235 Peachtree St NE, Atlanta, GA 30303
View Listing →
Property summary
AI-generated overview
This prestigious Class A office building, located at 235 Peachtree St NE, Suite 400, Atlanta, GA 30303, offers executive and traditional office spaces. Built in 1966, this four-building complex boasts four elevators and is situated in the desirable Peachtree Center submarket of Downtown Atlanta. Currently, two spaces are available, ranging from 140 to 500 square feet. The property features fully furnished private offices and suites, with lease terms as short as month-to-month. All utilities, high-speed internet, and janitorial services are included. A welcoming receptionist greets guests in a luxurious lobby. Conference rooms, accommodating 2 to 20 people, are available for hourly or daily rental. The building offers 24/7 secure access via key card. Convenient monthly and daily parking options are available nearby. A shared kitchen/break room provides complimentary water, tea, and coffee. Business services such as phone systems, live answering, printing, scanning, and faxing are also accessible. The property is zoned C and enjoys a prime location near Courtland St.
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1967
Total area
502,654 SF
Lot
0.79 ac (34,282 SF)
Zoning code
SPI1
APN
14 005100040484
UPID
US22-1658968
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
-
Ceilings Plus Hardware & Home Improvement Interior Design
-
Amplify Technologies Tech Support Center (Bike/Boat/Book/etc) Store
-
Praxis Mobile App Development Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Commercial flooring management inc General Contractor Renovation Specialist
-
Iceberg Diamonds INC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$110.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$124.49M
Owner & transaction history
Wilmington Trust National Associati · 3 yrs held
Wilmington Trust National Associati
since 2022
Last sale
$127.5M
6 recorded transactions
Zoning & alternative use
SPI1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$136.8M
+16.3%
Medical building
$136.7M
+16.1%
Auto repair, garage
$127.6M
+8.5%
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
$132,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$119,665,000
6.5%
$110,460,000
7%
$102,570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$117,680,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$136,800,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$136,660,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$127,640,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$112,740,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$112,055,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$124.49M
Range $112.04M – $136.93M · ±10% · vs last sale $127.50M (Sep 6 2022)
Last sale anchor
$127.50M
Sep 6 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
$248 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$551,009
Tax year 2023
Assessed value
$11,875,200
Assessed 2023
Previous assessed
$7,921,200
+49.9% YoY
Effective rate
4.64%
On assessed value
Assessed land
$1,505,960
Assessed improvement
$10,369,240
Land market value
$3,764,900
Improvement market value
$25,923,100
Total market value
$29,688,000
Applied tax rate
5.0000
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
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
For Sale
Year built
1967
Heating
YES
Cooling
YES
Stories
1
Total area
502,654 SF
Lot
0.79 ac (34,282 SF)
Zoning code
SPI1
APN
14 005100040484
UPID
US22-1658968
Jurisdiction
FULTON
Zoning & alternative use
SPI1 · Atlanta, GA
Zoning SPI1 · permitted uses
SPI1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$117.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$136.8M
MEDICAL BUILDING
Est. value
$136.7M
AUTO REPAIR, GARAGE
Est. value
$127.6M
RETAIL STORES
Est. value
$112.7M
INDUSTRIAL (GENERAL)
Est. value
$112.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Wilmington Trust National Associati
Trust
Free & Clear · 3 yrs held
Mailing address
2 EMBARCADERO CTR FL, SAN FRANCISCO, CA 94111-3823
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
$127,500,000
Wilmington Trust National Associati
Acp Peachtree Center LLC
Warranty Deed
—
Jul 26, 2018
—
Acp Peachtree Owner LLC
—
Loan Modification
related
$140,300,000 · Wilmington Tr N #2018-ptc (ce)
Apr 16, 2018
—
Acp Peachtree Center LLC
—
Grant Deed
related
$140,300,000 · Jp Morgan Chase Bk
Sep 3, 2014
—
Acp Marquis I LLC
—
Grant Deed
related
$126,000,000 · Silverpeak R/e Finance LLC
Dec 17, 2007
—
Development Authority Of Fulton C
Acp Peachtree Center LLC
Grant Deed
related
—
Dec 14, 2007
—
Development Authority Of Fulto
Acp Peachtree Center LLC
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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