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

    275 Scientific Dr Peachtree Corners, GA 30092-3318

    • Commercial real estate
    • 53,500 SF
    • 3.79 lot acres
    OFF-MARKET
    Value Estimations
    $7,725,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0574331
    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

    • Commercial real estate

    Property Details for 275 Scientific Dr

    Year built
    2007
    Lot size
    3.79 lot acres
    Property size
    53,500 SF
    Zone code
    M1-LIGHT INDUSTRY
    Property type
    Commercial real estate
    APN
    6-285 -037
    APU
    6285037

    Description

    This exceptional Class A office space, totaling 5,732 square feet, is situated within the prestigious Technology Park complex at 275 Scientific Dr NW in Norcross, Georgia, zip code 30092. Located in Gwinnett County, this property offers a highly desirable location in North Atlanta, boasting unmatched proximity to numerous amenities. Built in 2008, this 52,070 square foot building is part of a larger complex and presents a distinguished physical quality, with picturesque surroundings. The space is available for multiple tenants and provides an attractive, upscale, and efficient office environment. The building's design and location contribute to a valuable and productive workspace for its occupants. This offering represents a rare opportunity to secure premium office space in one of North Atlanta's most sought-after business locations. The property's traditional office layout is ideal for a variety of businesses seeking a sophisticated and functional work environment. Its convenient access and appealing aesthetics make it an excellent choice for companies looking to establish or expand their presence in the area. This is a truly exceptional opportunity to secure a space that reflects the highest standards of quality and location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,835,000
      6.5%
      $10,000,000
      7%
      $9,285,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,051,000
      Market price range: $2.36M - $8.74M

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

    Location Insight

    • Map
    • Local Demand
    City
    Peachtree Corners
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2202
    Latitude
    33.9664
    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
    $87,852
    $561,320
    $2,316,440
    $2,877,760
    -
    $1,403,300
    $5,791,100
    $7,194,400

    Comparable in this City

    • Value Estimation by Request
      0.49 Acres

      6597 Peachtree Industrial Blvd

      COMMERCIAL (GENERAL) • 0.49 Acres
      6597 Peachtree Industrial Blvd, Peachtree Corners, GA 30092-3757
      View Details
    • Value Estimation
      $5,585,000
      41,730 SF

      15 Technology S Pkwy

      COMMERCIAL (GENERAL) • 41,730 SF
      15 Technology S Pkwy, Peachtree Corners, GA 30092-8200
      View Details
    • Value Estimation
      $17,665,000
      49,528 SF

      125 Technology Pkwy

      COMMERCIAL (GENERAL) • 49,528 SF
      125 Technology Pkwy, Peachtree Corners, GA 30092-2913
      View Details
    • Value Estimation
      $17,915,000
      2.38 Acres

      5707 Peachtree Pkwy

      COMMERCIAL (GENERAL) • 2.38 Acres
      5707 Peachtree Pkwy, Peachtree Corners, GA 30092-2804
      View Details
    • Value Estimation by Request
      0.74 Acres

      Holcomb Brg Rd

      COMMON AREA (COMMERCIAL) • 0.74 Acres
      Holcomb Brg Rd, Peachtree Corners, GA 30092
      View Details
    • Value Estimation by Request
      2.70 Acres

      Spalding Dr

      Land • 2.70 Acres
      0 Spalding Dr, Peachtree Corners, GA 30092
      View Details

    Similar Nearby for Sale

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      0.03 Acres

      Peachtree Corners Office For Lease

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      Recently renovated office property with flexible leasing options.
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    • $335,000
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    Similar Nearby for Lease

    • $17 SF/Yr
      66,304 SF

      Prime Norcross Office Space Available

      Modern Office Suites, Move-In Ready
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      View Details
    • $13 SF/Yr
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      Peachtree Corners flex space; multiple suites.
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      View Details
    • $17 SF/Yr
      5,620 SF

      Spalding Exchange Office Park

      Norcross, GA Office Suites Available
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      View Details
    • $12 SF/Yr
      37,500 SF

      Prime Peachtree Corners Flex Space

      8,498 SF Flex Space Available Now
      110 Technology Pkwy, Peachtree Corners, GA 30092
      View Details
    • Contact for pricing
      26,665 SF

      Peachtree Corners Class A Office

      Class A office space in Peachtree Corners' Tech Park.
      3550 Engineering Dr, Peachtree Corners, GA 30092
      View Details
    • Contact for pricing

      Mixed-Use Development Retail and Restaurant

      Restaurant and retail spaces available in mixed-use development.
      5200 Town Ctr Blvd, Peachtree Corners, GA 30092
      View Details
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    275 Scientific Dr
    Peachtree Corners, GA 30092-3318
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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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