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Property profile & analytics
FOR LEASE
Office buildings
2475 Northwinds Pkwy 200 Alpharetta, GA 30009
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3750805
For Lease
1 / 11
$129-$11,640/Mo
2475 Northwinds Pkwy,Unit 200, Alpharetta, GA 30009
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Property summary
AI-generated overview
This Class A office building, located at 2475 Northwinds Parkway, Suite 200, Alpharetta, GA 30004, offers a diverse range of workspace solutions. The 19,251 square foot building features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. Renovated in 2019, the property boasts convenient amenities including elevators and ample on-site parking. Its location in Fulton County provides easy access to Alpharetta's vibrant downtown area and is well-situated within a dynamic commercial district, close to numerous businesses in the tech and finance sectors. The building's inspiring garden setting enhances its appeal. Beyond the office spaces, the property offers additional benefits such as a large training room and a fitness center, along with convenient access to nearby hotels. This property is ideal for businesses seeking flexible and modern office space in a thriving Alpharetta location. The building's multiple tenancy structure allows for a variety of business sizes and needs. This is a unique opportunity to establish your business in a well-appointed and strategically located building.
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1997
Total area
162,100 SF
Lot
7.46 ac (324,958 SF)
Zoning code
OI
APN
12 271007520630
UPID
US22-3750805
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
-
GMA Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
City Wide Plumbing Plumbing Service General Contractor
-
Southeast Mortgage of Georgia, Inc. Loan Service Bank
-
Stellar Consulting Solutions Employment Agency
-
Intrapac Group Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.62M
Comparable Approach
Comparable
$23.28M
Blend (final)
Blend
$36.90M
Owner & transaction history
F7 Nwo LLC · 9 yrs held
F7 Nwo LLC
since 2016
4 recorded transactions
Zoning & alternative use
OI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$57.6M
+35.5%
Neighborhood: shopping center
$53.3M
+25.3%
Retail stores
$50.6M
+19.2%
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 Alpharetta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpharetta 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$38,590,000
6.5%
$35,620,000
7%
$33,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$42,500,000
Current use
COMMERCIAL (GENERAL)
$57,575,000
Change: +35% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$53,265,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$50,645,000
Change: +19% · Conversion: Moderate
MEDICAL BUILDING
$50,355,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$47,240,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$36.90M
Range $33.21M – $40.58M · ±10%
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
$228 / 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
$322,050
Tax year 2023
Assessed value
$10,313,520
Assessed 2023
Previous assessed
$10,313,520
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$805,680
Assessed improvement
$9,507,840
Land market value
$2,014,200
Improvement market value
$23,769,600
Total market value
$25,783,800
Applied tax rate
10.0000
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 Lease
Year built
1997
Heating
NONE
Stories
1
Units
1
Total area
162,100 SF
Lot
7.46 ac (324,958 SF)
Zoning code
OI
APN
12 271007520630
UPID
US22-3750805
Jurisdiction
FULTON
Zoning & alternative use
OI · Alpharetta, GA
Zoning OI · permitted uses
OI · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alpharetta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$42.5M
COMMERCIAL (GENERAL)
Est. value
$57.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$53.3M
RETAIL STORES
Est. value
$50.6M
MEDICAL BUILDING
Est. value
$50.4M
AUTO REPAIR, GARAGE
Est. value
$47.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1997
Heating
NONE
Stories
1
Units
1
Lot
7.46 ac
Current owner
From public records · entity-resolved
F7 Nwo LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3455 PEACHTREE RD NE STE #650, ATLANTA, GA 30326-3236
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
—
F7 Nwo LLC
—
Deed
related
$132,500,000 · Wells Fargo Bk
Jul 21, 2016
$130,400,000
F7 Nwo LLC
Bre Of Coh Ga LLC
Grant Deed
—
—
—
Bre Of Coh Ga LLC
—
Deed Of Trust
related
$12,959 · General Electric Capital Corp
—
—
F7 Nwo LLC
—
Loan Modification
related
$132,500,000 · Wells Fargo Bk
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.
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