Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    290 Carpenter Dr Atlanta, GA 30328-4929

    • Office Properties & Spaces
    • 960 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1739572
    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

    • 3E Clouds / Computer Support And Services / Computer Consultant
    • Scheinfeld Tourial & Kopp / Dental Clinic / Dentist
    • Howard Abrahams, DDS / Dentist
    • Dr. George Warsaw, Top Rated Therapist / Psychotherapist / Counselor
    • Office 360 Design / Furniture Store

    Property Details for 290 Carpenter Dr

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.02 lot acres
    Property size
    960 SF
    Zone code
    C2C
    Property type
    Office Properties & Spaces
    APN
    17 009000060066
    APU
    17009000060066

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3778
    Latitude
    33.9159
    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
    $1,979
    $39,760
    $30,360
    $70,120
    -
    $99,400
    $75,900
    $175,300

    Comparable in this City

    • Value Estimation by Request
      39,643 SF

      Atlanta United States " Suite 650 & 700 "One Glenlake Pkwy

      Office space • 39,643 SF
      Atlanta United States " Suite 650 & 700 "One Glenlake Pkwy, Sandy Springs, GA 30328
      View Details
    • Value Estimation by Request
      1,015 SF

      6095 Lk Forrest Dr

      CONDOMINIUM OFFICES • 1,015 SF
      6095 Lk Forrest Dr, Atlanta, GA 30328-3893
      View Details
    • Value Estimation by Request
      2,170 SF

      6160 Peachtree Dunwoody Rd

      CONDOMINIUM OFFICES • 2,170 SF
      6160 Peachtree Dunwoody Rd, Sandy Springs, GA 30328-4578
      View Details
    • Value Estimation by Request
      2,541 SF

      5855 Sandy Spgs Cir

      CONDOMINIUM OFFICES • 2,541 SF
      5855 Sandy Spgs Cir, Atlanta, GA 30328-6230
      View Details
    • Value Estimation by Request
      1,320 SF

      5855 Sandy Spgs Cir

      CONDOMINIUM OFFICES • 1,320 SF
      5855 Sandy Spgs Cir, Atlanta, GA 30328-6230
      View Details
    • Value Estimation
      $1,360,000
      11,400 SF

      750 Hammond Dr

      CONDOMINIUM OFFICES • 11,400 SF
      750 Hammond Dr, Atlanta, GA 30328-5532
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.25 Acres

      Prime Sandy Springs Industrial Land

      1.247 Acres, M-2 Zoning, Atlanta
      0 Westgate Pkwy At John F. Varley Ct, Sandy Springs, GA 30328
      View Details
    • Contact for pricing

      Specialty Property For Sale

      Specialty property available for purchase in Sandy Springs, Georgia.
      6450 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • $665,000
      1,890 SF

      Luxurious Townhome in Aria North

      Stylish, comfortable, and convenient townhome in a vibrant, walkable neighborhood.
      6524 Beacon Dr, Atlanta, GA 30328
      View Details
    • New
      $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious neighborhood, ideal for custom estate.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details
    • New
      $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious Atlanta neighborhood.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details
    • New
      $1,599,999
      2.58 Acres

      Prime Residential Lot in Atlanta

      Exceptional 2.5+ acre lot in Sandy Springs' elite neighborhood.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      141,577 SF

      Palisades Executive Office Suites

      Prime Sandy Springs Office Space: 42,630 SF Available
      5901 Peachtree Dunwoody Rd, Sandy Springs, GA 30328
      View Details
    • $28 SF/Yr
      65,141 SF

      Riveredge Parkway Office Space

      Prime Fulton County Office, Flexible Suites
      2100 Riveredge Pkwy, Sandy Springs, GA 30328
      View Details
    • $24 SF/Yr
      64,682 SF

      Prime Atlanta Executive Office Suite

      1,401 SF Available in Glenridge
      5871 Glenridge Dr, Atlanta, 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
    • $19 SF/Yr
      136,000 SF

      Perimeter Ridge Office Space Available

      Atlanta Executive Suites, 475-3200 SF
      750 Hammond Dr, Sandy Springs, GA 30328
      View Details
    • $26 SF/Yr
      128,183 SF

      Palisades Executive Office Suites

      Prime Sandy Springs Office Space, 8 Suites Available
      5901 Peachtree Dunwoody Rd, Sandy Springs, GA 30328
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    290 Carpenter Dr
    Atlanta, GA 30328-4929
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.