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

    3205 Paces Fry NW Pl Atlanta, GA 30305-1308

    • Medical offices
    • 2,043 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1781263
    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

    • The Renn Wealth Management Group, INC. / Financial Planner / Financial Consultant
    • Thompson Carol G MD / Doctor

    Property Details for 3205 Paces Fry NW Pl

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    2,043 SF
    Zone code
    RLC
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    17 009900021226
    APU
    17009900021226

    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
    -84.3817
    Latitude
    33.8423
    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
    $10,574
    $165,760
    $72,400
    $238,160
    -
    $414,400
    $181,000
    $595,400

    Comparable in this City

    • Value Estimation
      $1,505,000
      3,472 SF

      2963 Fulton NE Dr

      MEDICAL BUILDING • 3,472 SF
      2963 Fulton NE Dr, Atlanta, GA 30305-3271
      View Details
    • Value Estimation
      $995,000
      4,800 SF

      3111 Piedmont NE Rd

      MEDICAL BUILDING • 4,800 SF
      3111 Piedmont NE Rd, Atlanta, GA 30305-2507
      View Details
    • Value Estimation
      $750,000
      1,834 SF

      3169 Maple NE Dr

      MEDICAL BUILDING • 1,834 SF
      3169 Maple NE Dr, Atlanta, GA 30305-2501
      View Details
    • Value Estimation by Request
      2,071 SF

      2812 Piedmont NE Rd

      MEDICAL BUILDING • 2,071 SF
      2812 Piedmont NE Rd, Atlanta, GA 30305-2779
      View Details
    • Value Estimation
      $3,540,000
      24,468 SF

      3580 Piedmont NE Rd

      MEDICAL BUILDING • 24,468 SF
      3580 Piedmont NE Rd, Atlanta, GA 30305-1506
      View Details
    • Value Estimation by Request
      0.66 Acres

      405 Pharr Rd

      Medical offices • 0.66 Acres
      405 Pharr Rd, Atlanta, GA 30305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.66 Acres

      Buckhead Mixed-Use Development Site

      Prime Buckhead location, 0.66 acres, redevelopment opportunity.
      405 Pharr Rd, Atlanta, GA 30305
      View Details
    • $1,500,000
      5,000 SF

      Piedmont Commons: Buckhead Office Building

      Prime Buckhead location, 5,000 sq ft office building.
      3021 Piedmont Rd, Atlanta, GA 30305
      View Details
    • $949,000
      2,076 SF

      Buckhead Live/Work Opportunity

      Unique live/work property in prime Buckhead location.
      2953 Hardman Ct NE, Atlanta, GA 30305
      View Details
    • $2,350,000
      0.20 Acres

      Buckhead Mixed-Use Oasis

      Luxury Live/Work Opportunity in Atlanta
      2963 Fulton Dr, Atlanta, GA 30305
      View Details
    • $149,000
      0.01 Acres

      Buckhead Office Condo - $149K

      Prime Buckhead Office, Fully Furnished
      2575 Peachtree Rd, Atlanta, GA 30305
      View Details
    • $400,000
      1,416 SF

      Buckhead Office Condo For Sale

      Prime 1,416 SF office condo in the heart of Buckhead.
      3017 Piedmont Rd NE, Atlanta, GA 30305
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Space for Rent

      Medical space available for lease in Atlanta, Georgia.
      3495 Piedmont Rd Northeast, Atlanta, GA 30305
      View Details
    • Contact for pricing
      11,166 SF

      Buckhead Loft Style Office Space

      5,583 SF furnished loft office in Buckhead available for rent.
      3645 Habersham Rd NE, Atlanta, GA 30305
      View Details
    • $23 SF/Yr
      10,000 SF

      Prime Buckhead Executive Office Space

      Atlanta Office: 10,000 SF Available
      3520 Piedmont Rd, Atlanta, GA 30305
      View Details
    • Contact for pricing
      4,889 SF

      Prime Office Space in Buckhead

      Office space for rent in vibrant Buckhead Village.
      3050 Peachtree Rd, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Retail/Office Space Available

      High-profile property in Buckhead Business District with premier signage.
      3242 Peachtree Rd NE, Atlanta, GA 30305
      View Details
    • New
      $1,450 /Mo
      10,019 SF

      Restored Studio or Office Space

      Charming studio or office space with private balcony in Buckhead.
      2909 Peachtree Rd NE 105, Atlanta, GA 30305
      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.
    3205 Paces Fry NW Pl
    Atlanta, GA 30305-1308
    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.