Technical
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Property profile

282 Rucker Rd Alpharetta, GA 30004

OFF-MARKET
Office buildings
Property ID
US22-2007187
8,710 SF 1.28 ac lot Built 2010
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,400 square foot office space, situated in a highly desirable location between the affluent communities of Milton, Alpharetta, and Roswell, presents a unique investment opportunity. Currently configured as a general office, this space is ideally suited for conversion into a medical office, aligning perfectly with the building's strategic repositioning as a medical center. An oral surgeon and primary care practice are already established within the building, creating a synergistic environment. The property boasts a total building size of 2,800 square feet, with the potential for expansion into an adjacent 1400 square foot space in mid-2025, providing a total of 2,800 square feet. This expansion opportunity allows for significant growth and customization to meet specific tenant needs. Tenant improvement allowances (TI) will be offered based on a mutually agreeable agreement. The single-tenant building sits on a 1.28-acre lot and is zoned OI. The property features a single suite within a single building, and while there are currently no designated parking spaces, ample parking solutions can be explored. The Assessor's Parcel Number (APN) is 22 387012390170. This property offers a blend of immediate occupancy and future expansion potential in a thriving, affluent area. Don't miss this chance to secure a prime location for your business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2010
Total area 8,710 SF
Lot 1.28 ac (55,844 SF)
Zoning code OI
APN 22 387012390170
UPID US22-2007187

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Medical Clinic
  • Real Estate Agency
  • Real Estate Agency
  • Church

Location

282 Rucker Rd Alpharetta, GA 30004-5826
Alpharetta metro Census 11510 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.76M
CAP Approach CAP
$1.92M
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2023
Last sale
$2.2M
6 recorded transactions
2023
$2.2M
2023
Price N/A
2014
Price N/A
2006
$750,000
2005
$300,000
1969
Price N/A

Zoning & alternative use

OI · Alpharetta, GA
Top alternative use upside
Neighborhood: shopping center $2.9M +108.5%
Retail stores $2.7M +98.2%
Medical building $2.7M +97.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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