Add Listing
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

    31 Perimeter E Ctr Atlanta, GA 30346-1904

    • High-rise multifamily apartments
    • 41,964 SF
    • 9.21 lot acres
    OFF-MARKET
    Last Sale
    Apr 16, 2021
    $98,750,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1714862
    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

    • Marq Perimeter / Apartment Rental Agency / Apartment Complex
    • Digital Video Agency / Marketing & Advertising
    • Flutter Fix / Hair Salon
    • Butler Marketing Service / Advertising Agency / Marketing & Advertising

    Property Details for 31 Perimeter E Ctr

    Year built
    2001
    Lot size
    9.21 lot acres
    Property size
    41,964 SF
    Zone code
    X
    Property type
    High-rise multifamily apartments
    APN
    18 347 03 007
    APU
    1834703007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $77,018,000
      Market price range: $8.56M - $77.0M

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.3326
    Latitude
    33.9251
    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
    2024
    $1,506,375
    $7,224,480
    $30,300,520
    $37,525,000
    -
    $18,061,200
    $75,751,300
    $93,812,500

    Comparable in this City

    • Value Estimation
      $32,640,000
      237,214 SF

      300 Perimeter N Ctr

      HIGH-RISE APARTMENTS • 237,214 SF
      300 Perimeter N Ctr, Atlanta, GA 30346
      View Details
    • Value Estimation
      $17,505,000
      126,108 SF

      70 Perimeter E Ctr

      HIGH-RISE APARTMENTS • 126,108 SF
      70 Perimeter E Ctr, Atlanta, GA 30346-1801
      View Details
    • Value Estimation
      $8,050,000
      56,976 SF

      100 Drexel Pt

      HIGH-RISE APARTMENTS • 56,976 SF
      100 Drexel Pt, Atlanta, GA 30346-1933
      View Details
    • Value Estimation
      $3,760,000
      25,049 SF

      100 Perimeter E Trce

      HIGH-RISE APARTMENTS • 25,049 SF
      100 Perimeter E Trce, Atlanta, GA 30346-1932
      View Details
    • Value Estimation
      $19,105,000
      138,565 SF

      300 Madison Dr

      HIGH-RISE APARTMENTS • 138,565 SF
      300 Madison Dr, Atlanta, GA 30346
      View Details
    • Value Estimation
      $15,950,000
      115,174 SF

      200 Madison Dr

      HIGH-RISE APARTMENTS • 115,174 SF
      200 Madison Dr, Atlanta, GA 30346
      View Details

    Similar Nearby for Sale

    • $325,000

      Luxury Condo in Perimeter/Dunwoody

      Top-floor corner unit with modern amenities and convenient location.
      11 Perimeter Ctr E, Atlanta, GA 30346
      View Details
    • Contact for pricing

      Dunwoody Office Building For Sale

      6,000 SF office building in Atlanta's #1 office market.
      4681 Ashford Dunwoody Rd, Dunwoody, GA 30346
      View Details
    • Contact for pricing

      Prime Location Development Opportunity

      Development site in Atlanta's #1 office market.
      Ashford Dunwoody Rd & Perimeter Ctr N, Dunwoody, GA 30346
      View Details
    • Contact for pricing

      Perimeter Mall Mixed-Use Opportunity

      1.2-acre mixed-use opportunity with retail pads fronting Ashford Dunwoody Road.
      84 Perimeter Center Pkwy East, Atlanta, GA 30346
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      18,181 SF

      Sterling Pointe Office Space

      Prime Perimeter location, flexible options.
      303 Perimeter Center Pkwy, Dunwoody, GA 30346
      View Details
    • Contact for pricing
      17,846 SF

      Dunwoody Retail Space Available

      Prime Dunwoody location, multiple spaces.
      4500 Olde Perimeter Way, Dunwoody, GA 30346
      View Details
    • Contact for pricing
      175,835 SF

      Dunwoody Retail Center Opportunity

      High-traffic retail space available in Atlanta.
      0 & Ashford Dunwoody Rd, Dunwoody, GA 30346
      View Details
    • Sponsored
      New
      Contact for pricing

      Sterling Pointe II

      Discover many ways to work your way in Sterling Pointe II
      303 Perimeter Center Pkwy, Dunwoody, GA 30346
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for rent in Atlanta, Georgia.
      3 Ravinia Dr, Atlanta, GA 30346
      View Details
    • Contact for pricing

      Sublease Opportunity with Covered Parking

      26,482 SF office space available for sublease through June 2028.
      400 Perimeter Center Ter NE, Atlanta, GA 30346
      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.
    31 Perimeter E Ctr
    Atlanta, GA 30346-1904
    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.
    Sign Up Successful!
    You now have access to more from Realmo!